Which of these is not an advantage associated with an assumable loan?
A) The new buyer does not incur the closing costs of a new loan.
B) The new buyer may be able to get a lower interest rate than the current market rate.
C) It is easier for the seller to sell the home.
D) The new buyer does not have to qualify for the loan.
Answer: D
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a. True b. False
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a. Department of Business Regulation b. Permit Department c. Secretary of State d. County clerk
Navy and black are the classic colors for business suits. _________________________
Answer the following statement true (T) or false (F)
You invest $25,000 at an annual rate of 7.25% for one year. What is the difference in interest earned if you compound this money on a daily basis instead of an annual basis?
What will be an ideal response?