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Helga [31]
3 years ago
15

Under the Contract To Buy & Sell Real Estate, if Buyer fails to notify Seller by the New Loan Termination Deadline that Buye

r wishes to terminate the contract because the terms of the loan are unsatisfactory:______.
Business
1 answer:
ELEN [110]3 years ago
3 0

Answer:

Buyer's earnest money becomes nonrefundable

Explanation:

If Buyer is to pay all or part of the Purchase Price with a New Loan, this Contract is conditional upon Buyer determining, in Buyer’s sole subjective discretion, whether the New Loan is satisfactory to Buyer, including its availability, payments, interest rate, terms, conditions, and cost of such New Loan. This condition is for the benefit of Buyer. Buyer shall have the Right to Terminate under section 25.1, on or before Loan Conditions Deadline (section 3), if the New Loan is not satisfactory to Buyer, in Buyer’s sole subjective discretion. If seller does not timely receive written notice to terminate, buyers earnest money becomes nonrefundable.

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Answer:

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8 0
3 years ago
has a bond outstanding with a coupon rate of 5.78 percent and semiannual payments. The yield to maturity is 6.5 percent and the
Dominik [7]

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For this question we use the Present value function that is shown on the attachment. Kindly find it below

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5 0
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