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Mazyrski [523]
2 years ago
13

What advantage might a land contract have to a seller compared to a purchase money mortgage?

Business
1 answer:
GREYUIT [131]2 years ago
6 0

There are benefits and drawbacks to adopting land contracts since they are an alternate method of financing. Since a conventional lender is not engaged, both the buyer and the seller should carefully analyze the conditions.

The benefits of a land contract are as follows:

Advantage #1: A typical lender is not involved.

Advantage #2: The seller has flexibility in setting the terms and conditions of the transaction.

Advantage #3: the buyer has the option to complete the transaction right away and present the seller with counter terms.

Advantage #4: Since there are no lending restrictions, a land contract has lower closing fees.

Advantage #5: Both the buyer and seller receive tax and income benefits.

To view more questions on land contract, refer to:

brainly.com/question/20711780

#SPJ4

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John buys an investment for $100,000 at the beginning of the year. During the year, John receives $10,000 from his investment. A
ladessa [460]

Answer:

10%

Explanation:

The computation of the rate of return during the year is shown below:

Rate of return = (End year investment price - beginning year investment price + additional investment received) ÷ (beginning year investment price)

= ($120,000 - $100,000 + $10,000) ÷ $100,000

= $10,000 ÷ $100,000

= 10%

Simply we applied the above formula so that the rate of return could come

4 0
4 years ago
Drag and drop the steps of the DG pickup process into the correct order then click submit
Sedaia [141]

The steps of the DG pickup process which are put into the correct order are as follows:

  1. Download and Install the DG application
  2. Make enquiries on whether the particular store makes use of DG pickup
  3. Make an order and reserve a time slot
  4. Add the items to the virtual cart
  5. Put the digital coupons of the DG pickup
  6. Checkout

<h3>What is a Pickup Service?</h3>

This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.

With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.

Read more about pickup services  here:
brainly.com/question/6855095

8 0
2 years ago
What are unsought goods?
dangina [55]

Answer:

Unsought goods are goods that are not in demand either because consumers are not aware of them, or because they do not see an immediate need for them.

Explanation:

There are certain goods that <em>consumers are not aware of and as such, are not interested in purchasing</em>. These goods are called unsought goods. New products just entering the market are examples of unsought goods and awareness for such products can be generated through advertising and extensive marketing.

In some cases, <em>consumers are aware of unsought goods but are not interested in buying them at the moment as they do not have immediate benefits</em>. An example of such is accident insurance.

4 0
4 years ago
If you want to become a firefighter what are some steps you need to take to get there?
bearhunter [10]

Answer:

<h2>All the best :)</h2>

Explanation:

1: Make Sure You're Fit to be a Firefighter.

2: Meet the Requirements & Take the Tests.

3: Prepare for a Firefighting Career: Education Options.

4: Become Trained as an EMT.

5: Receive Firefighter Training at a Fire Academy.

6: Apply to Your Firefighting Dream Jobs.

3 0
3 years ago
As capital investment levels off, business spending decreases and leads to a possible contraction in the economy.
iris [78.8K]
It is a true statement that as capital investment levels off business spending decreases and leads to a possible contraction to the economy. The correct option among all the options that are given in the question is the first option. I hope that this is the answer that has actually come to your help.<span>

</span>
8 0
4 years ago
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