You own a home that has a market value of $145,000. There is a first mortgage on the property in the amount of $80,000. Interest rates are currently 7% and the rate on your loan is 4.5%. You wish to sell the property, but are curious about how the sale can be financed. What suggestions?
?Students should consider the pros and cons of the following:
Assumption (cash to mortgage)
Wrap?around
Carry?back
Installment contract
Second mortgage
Refinancing
Interest only mortgage
Pick-a-pay mortgages
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A put option provides an options holder
a. the obligation to buy foreign currency at a specific price. b. the obligation to sell foreign currency at a specific price. c. the right to buy foreign currency at a specific price. d. the right to sell foreign currency at a specific price.
The purchase of bottled water is a low-involvement purchase. How can a market leader like Perrier keep people buying its brand instead of one of the numerous other brands displayed on retailers' shelves?
A. convince retailers to offer only Perrier water B. denigrate its competition C. make the purchase decision a high-involvement one D. offer coupons for Perrier bottled water E. avoid Perrier brand stockouts on retailers' shelves
The Sarbanes-Oxley Act is intended to provide protection where oversight did not previously exist.
Answer the following statement true (T) or false (F)
The later LMX studies shifted focus from describing in- and out-groups to ______.
A. how LMX relates to organizational effectiveness B. how LMX assesses leader behaviors C. how LMX and servant leadership are similar D. how LMX relates to follower skill development