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A buyer purchases a home for $380,000 using a seller-financed straight loan. If he pays 50% down, makes montly payments on the balance at 11% interest, and pays an extra $19,000 towards the principal before the end of each year, how much does the seller receive during the first year? A. $229,900 B. $60,800 C. $250,800 D. $39,900
Redfin: More homebuyers than ever bid on homes before seeing them in person by Sergio Valdes March 2, 2018 More than one-third of people – 35 percent – who bought homes last year submitted a bid without ever seeing the homes in person.
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Start studying Real Estate – Chapter 11. Learn vocabulary, terms, and more with flashcards, games, and other study tools.. Tyler purchased a home and applied for a mortgage at Southgate Bank. The loan was made and payments were to be made on the 1st of each month.. may not purchase the.
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A home-loan broker, for example, looks at the borrower’s income, before lending the money to buy the house. Second, the lender looks at what the loan is going to be used for. That same home-loan broker is going to do an appraisal of the house you’re planning to buy, if for no other reason than to make sure that, if they have to foreclose, the.
Redfin Survey: 35% of Recent Homebuyers Bid on a Home Before Seeing it in Person Posted on February 27, 2018 by Admin 45% of Millennial Homebuyers Made an Offer Sight-Unseen; More than Half of Respondents in Los Angeles Did So
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Redfin: More homebuyers than ever bid on homes before seeing them in person. by Sergio Valdes March 2, 2018. More than one-third of people – 35 percent – who bought homes last year submitted a bid without ever seeing the homes in person.
The latest is that one-third of home buyers made an offer on a property they didn’t even see in person, this according to a new survey from Redfin. That’s up from 19% a year earlier and 21% two years ago.