Answer:
Obstacle
Explanation:
Barrier, obstacle, major obstacle, impediment relate to anything that tries to interfere with operation or development or stops it. An barrier is one that lies in the path of concrete or figurative development, tangible or non-material, the absence of imagination is a barrier to one's development.
Answer:
Combining financial statements. D)
Explanation:
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:
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