Question: true or false 5) 6) 8) 9) 10) 11) 12) 13) 14) 15) A passive investor does not expect to earn a profit. Lenders are
true or false
5) 6) 8) 9) 10) 11) 12) 13) 14) 15) A passive investor does not expect to earn a profit. Lenders are not concerned about payment of taxes because tax liens are borrowers problem. Seller financing will always be cheaper than bank financing. The lowest level of investment rated fixed instruments is A- When interest rates rise, the value of an existing fixed rate instrument like a mortgage increases. Due to statue of frauds all contracts and leases over one month must be in writing. To hypothecate is to pledge an interest in the real estate. The mortgage creates the debt and the note creates the security. The purpose of recording is to effectively put the world on notice about the something affecting title. A problem with the public market includes the fact that they may 4+: react and are generally slow to react. In title Theory States, the held in trust for the lender until the loan is paid and title reverts to the borrower
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