Federal Mortgage Law · 24% of the SAFE exammedium
Correct answer: LO forwards the purchase contract showing the $410,000 sale price as context
Providing the purchase contract (including the sale price) is PERMITTED — it gives the appraiser factual context about the transaction. The appraiser independently determines whether the market data supports that price. NOT permitted: directing toward a minimum value ("needs at least $400,000"), using emotional pressure ("deal falls apart"), suggesting the market demands a higher value without data, or threatening complaints. The key test: are you providing objective facts, or pressuring toward a specific number?
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