My house appraisal value was 410000, but the purchase price is 400000, so to cancel the insurance, which value will be used?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
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Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
Current market value is used. It must be a recent appraised value by a certified appraiser or a current market analysis provided by a Realtor, and the lender will choose who will do this when you request a removal of this insurance.
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Answered