Answer:
An offer is made on a property listed with broker Green for $93,000. The offer is for $91,000 and the buyer will be obtaining FHA financing. The appraisal comes in at $88,000. The recourse which the buyer have is:
- The buyer may get an FHA loan provided the difference between the appraised price is paid in cash.
Explanation:
- FHA stands for Federal Housing Authority. The FHA loan helps the buyer to get the home and it is a mortgage that is issued by the approved lender of the FHA.
- The benefit of this loan is that these loans require a lower minimum down payments and credit scores as compared to other conventional loans.
- In our case, the buyer will get the the financing from FHA to cover the difference of money between appraised price and actual price of the property.
Answer:
Yes it surely does
Explanation:
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Answer:
Please see the attachment
Explanation:
Please see the attachment
Stanley goes to civil court seeking an injunction which is a court order requiring the plant to stop. An injunction is a judicial order which restrains a person or a business entity from starting or continuing an action threatening or invading the legal right of another citizen.
Okay? if you cash someone on a personal account that you know it’s safe. Depositing money into someone else’s account that you don’t know is bad.
