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Arturiano [62]
2 years ago
11

Your client is purchasing a single-family home with a conventional loan. the listing price is $410,000. does this situation requ

ire a licensed or certified appraiser?
Business
1 answer:
AnnZ [28]2 years ago
5 0

Your consumer is purchasing a single-own family home with a conventional loan. the list rate is $410,000. does this case require an authorized or certified appraiser: yes, it's required.

“Traditional” simply approach that the loan isn't a part of a specific authorities software. conventional loans typically fee less than FHA loans but can be extra difficult to get.

A conventional loan is an outstanding option when you have a strong credit score and little debt. you could keep away from PMI by paying 20% of the mortgage prematurely, as a way to lower your loan payments. if you're unable to make a big fee in advance, conventional loans are to be had with a down fee as low as 3%.

A conventional loan is often better when you have a desirable or superb credit score due to the fact your mortgage rate and PMI charges will go down. but an FHA mortgage may be ideal if your credit score is inside the high-500s or low-600s. For lower-credit debtors, FHA is regularly the less expensive alternative.

Learn more about  conventional loan here: brainly.com/question/23988565

#SPJ4

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nirvana33 [79]

Answer:

C. Anticompetitive behaviors

Explanation:

A warranty protects consumers against anticompetitive behaviors.

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3 years ago
One aspect of financial planning is to make sure you maintain adequate insurance coverage for your needs. Which aspect of financ
LekaFEV [45]
It is <span>C. Managing Risk 
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3 years ago
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Which country is a good example of a high present rate of investment and a low present rate of consumer goods consumption?
anzhelika [568]

Answer:

<u>India.</u>

Explanation:

India is a country with an emerging economy that attracts a lot of investment due to its significant annual economic growth, government incentives, low taxes and little red tape.

The country stands out as the most populous democracy in the world, and despite having a global mentality for business and high investment rates, the second largest population in the world presents serious social problems, such as the caste system, which prevents Indians from having a better quality of life. There is also corruption, social inequality, religious and border disputes. All of these factors contribute to the fact that despite high investments and growth, India is a country marked by social inequality and extreme poverty for a large part of the population, which configures little access to consumer goods for most Indians.

5 0
4 years ago
When preparing journal entries, the account titles are selected using either the dropdown menu (if available) or by keying in th
Ira Lisetskai [31]

Answer:

True

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If we take the example.

Rent is paid for cash for $10,000

So, the journal entry would be

Rent expense A/c Dr $10,000

      To Cash A/c $10,000

(Being rent is paid for cash is recorded)

So, the given statement is true

6 0
3 years ago
Which type of communication takes place in the absence of words? communication refers to communication that takes place without
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Non-verbal communication - visual cues, body language, eye contact, touch, blinking, glances, etc.
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