It absolutely CAN happen again, but I don’t think it should be viewed as the benchmark for market cycles.With all of the development, Nashville is so neighborhood specific that it makes it difficult to explain with a blanket response.A correction has already started in certain areas that are oversupplied.

You can try to appeal the appraisal or request that the bank allow a second appraisal to be completed.

Step 1 of course, find new insurance.No, the bank won't call your loan, But they will secure Force Placed insurance, which they have a right to do, and it will costs 2-4 times what you'll pay for your own policy, and will have worse coverage, and you will of course have to pay for it, or be foreclosed on.

Hopefully the bank will deal.

I can go to my bank but wondering if there is a mortgage broker that anyone can recommend which can give me a good rate.

I have a property deal in which the sellers are a year behind on payments and owe the bank $25K to catch up payments.

You could also ask the bookkeeper which CPA does he/she collaborate with and then verify the competence level with with the CPA.If you are concerned about the safety of your financial documents, most cloud based accountants use software (Quickbooks, file sharing services, etc) with bank-level encryption. 

Do what you can now to get ready to pick up some bank-owned properties a few years down the line. 

(that money is wired to my bank account, so I can take it to buy a new property, possibly in cash?

In my job, I work for a bank as a commercial lender, but I don't do investment or residential property loans.