DEEN, Presiding Judge.
Appellee Hobgood entered into a real estate contract with appellant, a real estate broker, to purchase a house owned by Ronald Womack. He deposited $3,000 as earnest money and was to obtain a $65,000 mortgage and pay the remaining balance in cash. Appellee applied for a mortgage loan as agreed, but the mortgage company refused the loan because the house was appraised substantially below the contract price. As a result, appellee's purchase of...
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