Answer:
-Notify your mortgage servicer
-Contact a Homeownership Advisor
-Cut other expenses where you can
Explanation:
If you start having a hard time paying your mortgage, you should:
-Notify your mortgage servicer that is the company to which you make the payments of your loan and it can offer you an option that can help you with the payments like a deferral.
-Contact a Homeownership Advisor as this is a professional that provides financial advise before and after you purchase a house and can help you with options to fix the problem.
-Cut other expenses where you can because you may be having expenses that are not necessary and if you decrease them, you can be able to pay your mortgage.
The other options are not correct because using your credit cards is worst because you will be paying a loan with a different loan that will probably have a higher interest rate and wait a few months and see if things turn around can result in you missing payments which will affect your credit score and you may end up losing your home.
Answer:
d .$127,000
Explanation:
The computation of the beginning equity balance is shown below:
= Market value of the assets i.e agreed upon - Note payable secured by the asset
= $245,000 - $118,000
= $127,000
By deducting the note payable from the market value of the asset so that the beginning equity balance could come
All other information mentioned in the question is not relevant. Hence, ignored it
Answer:
The correct answer is option D.
Explanation:
The total civilian labor force is comprised of employed civilian workers and unemployed workers. Discouraged workers, military personnel, federal government employees, agricultural workers, retirees, and handicapped people are not included in the civilian labor force.
Civilian workers include private-sector workers and state and local government workers.
