When your in your late 20s early 30s
Fannie mae says lenders need to use appraisers who have knowledge, experience, and data sources for appraising manufactured homes.
The term appraiser refers to that professional person who determines the market value of an asset generally in the real estate industry.
An appraiser should always act independently of the buying and selling parties in a transaction. The opinion given by them about the real and fair value of an appraised asset must be unbiased in nature. It must be valued by using observations as well as relevant statistics or facts, and the other information.
Depending upon the circumstances, the appraisers always presents their findings in a written as well as verbal appraisal.
To know more about the appraiser here:
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Answer: 19.56%
Explanation:
Effective Rate of Return is the rate that takes into account, the compounding influence of interest rates in a given period.
It is calculated with the formula,
= ( 1 + r/n) ^ n - 1
Where
r = APR
n = no of compounding periods in a year
Interest is paid monthly so nnumber of periods will be 12.
Therefore,
EFF = ( 1 + 18%/12)¹² - 1
EFF = 19.56%
Answer:
The correct answer would be option C, A Grant is money given by an organization for a specific purpose.
Explanation:
A grant is basically the amount of money which a Government or any other institution gives to someone or some organization or institution to serve a specific purpose. Grants are usually given for Educational purposes, Business Growth purpose, or to serve the under privileged people. Grants are not loans. Loans are required to be paid back but grants are not required to be given back to the lender. Grants are given to encourage growth and help people in raising from the bottoms.
designing and controlling the process of production and redesigning business operation in the production of goods and services.
