Explain how stronger economic conditions affect the values of homes.
Answer to relevant QuestionsWhat should you consider when determining an affordable down payment and monthly mortgage payments? Once you have reduced your list of three or four homes down to one home, what is your next step? Should you offer the price the seller is asking? Describe how you would conduct a market analysis of the home. Larry and Laurie have found a home and made a $ 125,000 offer that has been accepted. They make a down payment of 10%. Their bank charges a loan origination fee of 1% of the loan and points of 1.5% (both are based on the ...The Sampsons expect that they will not move for at least three years. Advise the Sampsons on whether they should refinance their mortgage by comparing the savings of refinancing with the costs. What is the intent of no fault insurance? How does no fault insurance generally work? What is a disadvantage of no fault insurance?
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