1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadezda [96]
3 years ago
11

A house in under contract of 260,000, an appraised for 240,000. The buyer will get an 80% to value and the lender will changer 1

.5 points. How much money does the buyer need to complete the sell?
Law
1 answer:
Anettt [7]3 years ago
4 0

Answer: $70,880

Explanation:

The lender will loan out 80% of the value of the house:

= 240,000 * 80%

= $192,000

They will charge a loan origination fee of 1.5% so the net loan is:

= 192,000 * (1 - 1.5%)

= $189,120

The buyer needs $260,000 to complete the sale so the amount needed is:

= 260,000 - 189,120

= $70,880

You might be interested in
Needs of victims after they been labor trafficked
Firlakuza [10]

Answer:

time and therapy

Explanation:

common sense

4 0
2 years ago
Be sure to answer at least one, or both, of the questions below in your response to the prompt. Explain your reasoning so that y
givi [52]

Answer:

free badge

Explanation:

6 0
2 years ago
Bruh i dont know i just need to pass this class asap
salantis [7]
Have fun passing that class I currently have three hours to do 25 assignments at the end of that three hours I will have my finals grade for all of my classes ahhh
7 0
3 years ago
Read 2 more answers
Jason is a correctional officer who will be testifying at an inmate's parole hearing. The inmate's family lives in the same neig
tia_tia [17]

Answer:

unethical

1 what if the cookies where spiked. then what would he do?

2 if the cookies had something she was allergic to and they didn't ask

3 maybe their familie was being nice but i think the parole officer didn't trust them so led the exception to his wife to make sure

Explanation:

5 0
2 years ago
How are laws created at the state and local levels?
kipiarov [429]
Answer and Explanation:

All 50 states have legislatures made up of elected representatives, who consider matters brought forth by the governor or introduced by its members to create legislation that becomes law. The legislature also approves a state's budget and initiates tax legislation and articles of impeachment.
4 0
2 years ago
Other questions:
  • A following distance greater than 3 seconds is advised when you
    7·1 answer
  • Class or individual Evidence?
    8·2 answers
  • When following another vehicle, you are legally required to:
    15·1 answer
  • Policy implementation refers to the bureaucratic function of
    13·1 answer
  • 1. The Constitution spells out
    9·1 answer
  • Los derechos humanos y su relacion con otras disciplinas juridicas
    6·1 answer
  • Investing in the Military is for the purpose of?
    9·2 answers
  • What are victimless crimes
    14·1 answer
  • When my sister does not listen to me
    8·2 answers
  • How many amendments are there in the bill of rights?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!