Banks always ask for the home's value so how is this determined with new construction?

Asked by gee_412, Saint John, IN Thu Oct 11, 2012

I'm looking at Phillippe's new construction of town homes/villas in The Gates. The bank always asks for the home's value

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Jessica Klja…, Agent, Schererville, IN
Thu Oct 11, 2012
An appraisal is done based on the blue print specifications.
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