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ever, they ll need some creative financing andneyve eds Terell and Sheree have found a house they want Newlyw to purchase. How in order to

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ever, they ll need some creative financing andneyve eds Terell and Sheree have found a house they want Newlyw to purchase. How in order to make it work. They've lined up a 30-year fixed-rate loan but need to have a 10% down MORTGAGE n APPLICATIO payment to get a good interestrate.IC They need to find another loan for the down payment, and Sheree has asked her dad to co-sign. Predict possible outcomes of Terell and Sheree's position. Explain your predictions. 1 Is it a good idea for Sheree to ask her dad to co-sign on the loan? Why or why not? 2 1s a 30-year fixed-rate loan a good idea for Terell and Sheree? Explain your answer. If you were in Terell and Sheree's situation, what would you have done? 4

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