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Explain the home buying/selling process, including the following: Select (2) banks or (2) mortgage companies, what are the interest rates for a 30-year loan and

Explain the home buying/selling process, including the following: Select (2) banks or (2) mortgage companies, what are the interest rates for a 30-year loan and a 15-year loan. -What are the types of mortgages and the implications of longer mortgages? -Define short sale and explain why a person would want to do this -Explain tax liens -Explain how and why could someone assume a loan?

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