In a seller-finance sale, the buyer must be sure that: A. payments to be made to the
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Question:
In a seller-finance sale, the buyer must be sure that:
A. payments to be made to the seller are greater than or equal to the seller’s obligation on the underlying mortgage.
B. payments made to seller are properly invested in money market funds.
C. private mortgage insurance in favor of the seller does not exceed federal limits.
D. escrow payments for property taxes are invested in money market funds.
Related Book For
Engineering Mechanics Statics & Dynamics
ISBN: 9780134895154
15th Edition
Authors: Russell C. Hibbeler
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