True or False: A lender considers personal property valuable in terms of mortgage financing.

The assertion that a lender does not consider personal property valuable in terms of mortgage financing is accurate. In the context of mortgage financing, lenders primarily focus on the value of the real property itself, which includes land and any permanent fixtures affixed to it, rather than personal property like appliances, furniture, or vehicles.

Personal property is typically not included in the valuation for mortgage purposes because it can be easily removed and does not contribute to the substantial, stable value that real estate holds as collateral for a loan. Any appliances or furnishings are generally considered personal belongings and do not affect the amount of the mortgage or the assessment of the property for lending purposes. Therefore, the correct viewpoint reflects that lenders maintain their focus on real estate assets rather than personal items, making the statement true.