The 2 Disadvantages of a Contract For Deed are:
- Seller retains the right to the property.
- No professional appraisal is required, so you might pay more than the home is worth.
Disadvantages of contract for deed includes:
- <u> Seller retains rights to the property,</u> and he can cancel the contract if the buyer defaults even once on his payments.
- <u>No professional appraisal is required, so you might pay more than the home is worth. </u>There is no requirement for appraisal of the property so the buyer does not have a reliable estimate of property worth.
<h3>What is a Contract For Deed?</h3>
A contract for deed is a unique financing tool available for a buyer, typically used when purchasing property. The buyer makes monthly payments on the property and receives the title only after the full purchase price is paid. The seller retains the title of the property until then.
Whether you’re the buyer or the seller, there are both advantages and disadvantages to a contract for deed.
Learn more about Contract For Deed on:
brainly.com/question/28137672
#SPJ4
The type of evaluation from the given points is the needs assessment.
<h3>What is evaluation?</h3>
Evaluation is a kind of technique used for the examination of a particular program.
The needs assessment is an evaluation method to find out in what ways the needs or deviations can be addressed between the current conditions and the required wants of an organization.
Therefore, the needs assessment is one of a kind of evaluation.
Learn more about the needs assessment in the related link:
brainly.com/question/13490488
#SPJ1
Answer: scientific method
Explanation: Scientific method refers to means of looking into phenomena, acquire new knowledge, correct misconceptions and fallacies, and probe theories. Scientific method is a procedure of investigation with defined steps that include experiments and careful observation. The most important part of scientific method is the testing of hypotheses. A hypothesis is a prescribed explanation for an event, which can be tested. Hypotheses, are generally produced within the context of a scientific theory.
Basically, it’s the act of not meeting the required obligations of a specific loan that you are in charge of paying.
The answer to this item is unconscious mind. Although Freud was not responsible for the determination of conscious and unconscious, he for certain made it popular. According to him, unconscious mind is that which is not accessible by our conscious mind but affects the way a person thinks, acts, or behaves.