74 - How mortgage downvaluations could stifle sales

Marc & Josh discuss the issue of mortgage downvaluations in the housing market.What is a downvaluationWhy would a lender downvalue a propertyWhat should a buyer or seller do if a property is downvaluedSupport this show http://supporter.acast.com/inforapennypodcast. Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.Links:The Orchard PracticeCavendish ContentLeave a review!Support our show with a donation!Support this show http://supporter.acast.com/inforapennypodcast. Hosted on Acast. See acast.com/privacy for more information.