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Which of the following could be a problem that holds up the purchase of a house?Cleared inspectionHigh offer on the houseHigh appraisalLow appraisal

Question

Which of the following could be a problem that holds up the purchase of a house?Cleared inspectionHigh offer on the houseHigh appraisalLow appraisal
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Solution 1

A low appraisal could be a problem that holds up the purchase of a house. Here's why:

  1. When you're buying a house, your mortgage lender will typically require an appraisal to determine the home's value.

  2. The appraisal is done by a professional appraiser who assesses the home and compares it t Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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