Why is an appraisal required when putting 20% plus down?
GoGaddis Real Estate Radio - A podcast by Cleve Gaddis
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Why do I have to provide an earnest money check on my purchase to my broker? I've never had to do this before? Williams from Roswell asks, "why does a bank require an appraisal if we are putting over 20% down. Understand the reasons, concerns and sometimes frustrating requirements in the home buying process.