Legal Question in Real Estate Law in Florida

What does it mean, ''Appraisal of the home by the Buyer's lender is insufficient to meet terms of the Loan Commitment''

Asked on 8/06/13, 7:58 am

1 Answer from Attorneys

Barry Stein De Cardenas, Freixas, Stein & Zachary
0 users found helpful
0 attorneys agreed

It means the appraisal shows the house is of a lower value then the lender would require to provide commitment.

Read more
Answered on 8/06/13, 8:00 am

Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida

Looking for something else?

Get Free Legal Advice

88953 active attorneys ready to answer your legal questions today.

Real Estate and Real Property Legal Forms

Browse and download our attorney-prepared and up-to-date legal forms from $4.99

Find a Legal Form

Featured Attorneys

Anthony SmithLawSmithLee's Summit, MO
Rahul Manchanda, Esq.Manchanda Law Office PLLCNew York, NY
Glen AshmanAshman Law OfficeAtlanta, GA
Find An Attorney

Are you an Attorney?

Earn additional revenue and grow your business. Join LawGuru Now