Brads uncle has offered to provide him with a loan for the closing costs and the down

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Brad’s uncle has offered to provide him with a loan for the closing costs and the down payment needed to purchase the condo. Brad exclaims, “This is great. I don’t even need a loan contract!” Advise Brad on the situation.

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:38 AM

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Brads uncle has offered to provide him with a loan for the closing costs and the down

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Accepting loans from family members or friends can be dangerous Brad ...View the full answer

Personal Finance

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