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Hi, I am John Collins, San Diego Realtor, and I want to talk to you a little bit today about litigation and what it can mean for the purchase of a property.

Hi, I am John Collins, San Diego Realtor, and I want to talk a little bit today about appraisals. Specifically what happens during a real estate purchase when the appraisal does not cover the purchase price.

Buying a home is a major financial decision, and one of the biggest hurdles is saving up for a down payment. The Federal Housing Finance Agency (FHFA) recommends that borrowers have a down payment of at least 20% of the purchase price of the home. This is because lenders are more likely to approve borrowers with a larger down payment, and they will also receive a lower interest rate.