Problem: The buyers can just afford to make the payments on the existing first and second encumbrances

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Problem: The buyers can just afford to make the payments on the existing first and second encumbrances on the house they wish to buy. They do not have enough money to cash the seller out. How can they construct a financial plan that enable them to purchase the house?

Posted Date: May 15, 2024 01:31 PM

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Problem: The buyers can just afford to make the payments on the existing first and second encumbrances

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If the buyers do not have enough money to cash out the seller and can only afford to make payments on the existing encumbrances they can consider the ... View the full answer

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