FHA and VA Appraisal Basics – Unit 9
A property recently sold for $590,000 and the seller carried a first mortgage of $589,000. What was the percent of the mortgage (LTV)? Round your answer to two places. A. 98.31%. B. 98.33%. C. 98.83%. D. 99.83%. 14. Set data storage register R2 to 8,940, which is the number of acres in a township. ................
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