An Appraisal Is a Typical but Not Required Part of the Mortgage

question 152

True/False

An appraisal is a typical but not required part of the mortgage approval process.

---

Definitions:

Biological Stages

Phases of growth and development that an organism undergoes, which are often determined by genetic factors.

Schizophrenia

A mental disorder characterized by abnormal behavior, strange speech, and a decreased ability to understand reality.

Multiple Personality Defense

A controversial legal defense, sometimes associated with Dissociative Identity Disorder, where an individual claims their criminal behavior was due to the actions of an alternate personality.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing how they think, feel, and behave in various situations.