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EleoNora [17]
2 years ago
6

What's one reason that buyers might need additional cash at closing for a short sale?

Business
1 answer:
Ugo [173]2 years ago
7 0

Short sales don't clear liens from the title, so buyers may have to pay debts at closing.

A short sale affects whilst a vendor would not obtain sufficient coins from a buyer to pay off their mortgages. The seller may want to have paid or borrowed an excessive amount for the assets. The housing marketplace may have dropped, so its honest marketplace price is much less than the modern-day loan stability.

A short sale is when a mortgage lender has the same opinion to accept a loan payoff quantity less than what's owed with the purpose to facilitate a sale of the property by a financially distressed owner. The lender forgives the remaining stability of the mortgage.

A short sale comes with quite some catches. There are extra parties involved than a standard sale making the system complex and often lengthy. In a conventional home sale, price negotiations show up among the consumer and vendor (or their representatives), now not the seller's bank.

Learn more about the short sales here: brainly.com/question/25743891

#SPJ4

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An investment offers €4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro
PilotLPTM [1.2K]

Answer:

25,670.80€

Explanation:

this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:

present value = annual distribution x PV annuity factor

  • annual distribution =4,000
  • PV annuity factor, 9%, 10 periods = 6.4177

present value = 4,000 x 6.4177 = 25,670.80€

8 0
3 years ago
Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $
Sergeu [11.5K]

Answer:

$4,038

Explanation:

Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows.

Present Value = Future Value  x (1/  ( 1 + interest rate ) ^ number of periods)

Present Value = 6,000 x (1/ ( 1 + 0.08) ^ 5)

Present Value  = 6,000 x 0.68058

Present Value = $4,038

4 0
3 years ago
Jamie is analyzing the estimated net present value of a project under various conditions by revising the sales quantity, sales p
Brut [27]

Answer:

C. Scenario Analysis

Explanation:

Scenario Analysis is analysis of computing the Net Present Value by changing various variables, that is change in values of Sales, Variable Cost, Revenue, Cost of project and various other things. Basically it measures the Net Present Value with respect to various factors associated with calculating the net present value, as Jamie is calculating Net Present Value with different factors, that is in different scenarios, it is called Scenario Analysis.

8 0
3 years ago
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frozen [14]

Answer:

Job description.

Explanation:

A job description is an internal document that a firm draws up to describe the responsiblities of a position, the required skill, and job requirements to perform a particular job role.

When a job description is well crafted it shows clearly what is required to hire a person for a job. This will reduce discrimination lawsuits because it will show clearly why a particular candidate was disqualified from the hiring process.

For example if a candidate was disqualified for not having a bachelor's degree, it should be well stated in the job description to avoid discrimination claims.

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3 years ago
When the stock market crashed people _____________?
OLEGan [10]
When the stock market crashed people panicked
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3 years ago
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