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down payment: Stable or Declining?!? - 09/26/07 09:45 PM
It is a box on your APPRAISAL - "Property Values: Increasing, Stable or Declining."  Be very aware, if your appraisal gets the box checked "Declining," you are in for a 5% reduction in what your loan to value ratio is on your loan! It will force you to put 5% more down on the purchase.
We are starting to see this happen!
BE AWARE!
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