What information is normally included in a real estate sales contract? What is an earnest money deposit? What is a contingency clause?
Answer to relevant QuestionsDescribe the steps involved in closing the purchase of a home.What are the most common guidelines used to determine the monthly mortgage payment one can afford?How much might a home buyer expect to pay in closing costs on a $220,000 house with a 10 percent down payment? How much would the home buyer have to pay at the time of closing, taking into account closing costs, down ...Explain how the composition of the principal and interest components of a fixed-rate mortgage changes over the life of the mortgage. What are the implications of this change?Many bank card issuers impose different types of fees; briefly describe three of these fees.
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