Say What? Home-Buying Lingo You Should Know
Zillow
JULY 15, 2019
Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. The loan places a lien against the property and reduces home equity.
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