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Deegee · 06-26-2009, 06:56 AM

When you initially purchase the property, most places will lend on lower of the purchase price OR appraisal value.

I assume you are talking about the initial purchase?

06-26-2009, 06:56 AM	#74
Deegee First Line Centre Join Date: Mar 2006 Location: Edmonton, AB Exp:	When you initially purchase the property, most places will lend on lower of the purchase price OR appraisal value. I assume you are talking about the initial purchase?