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irakobra [83]
2 years ago
9

XYZ Development has just purchased a large tract of land that it plans to develop into 50 one-acre building lots. To have the ab

ility to sell off individual lots before paying off the entire balance due, the developer will need to obtain
Business
1 answer:
m_a_m_a [10]2 years ago
6 0

To have the ability to sell off individual lots before paying off the entire balance due, the developer will need to obtain a blanket mortgage.

<h3>What is a blanket mortgage?</h3>
  • A blanket mortgage is a single mortgage that covers many properties and serves as security for the loan.
  • Real estate developers and larger investors frequently purchase multiple properties at once, thus a blanket mortgage allows them to consolidate such deals into a single loan.
  • Consider the money you'd save on closing fees, both for the original mortgage and any subsequent refinances.
  • Refinancing from numerous loans to a single blanket mortgage may also result in lower monthly payments, which may increase your cash flow.

Therefore, to have the ability to sell off individual lots before paying off the entire balance due, the developer will need to obtain a blanket mortgage.

Know more about a blanket mortgage here:

brainly.com/question/14455197

#SPJ4

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Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
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Answer:

E. $7,190

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

For project A,

Cash flow in year 0 = $-14,500

Cash flow in year 1 = $9,500

Cash flow in year 2 = $9,500

Cash flow in year 3 = $9,500

I = 15%

NPV = $7190.64

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0
3 years ago
All of the following are organization-directed benefits associated with offering unconditional guarantees except: a. the guarant
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Answer:

All of the following are organization-directed benefits associated with offering unconditional guarantees except:

a. the guarantee provides a means to avoid bankruptcy.

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Providing or offering customers unconditional guarantees does not help the company to avoid bankruptcy.  Bankruptcy arises from inadequate financing resulting from overtrading.  Importantly, offering guarantees to customers communicates a clear performance goal to employees to improve service delivery to customers.

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Answer:

Explanation:

I think it is d

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