Question
I have a couple of questions that I am really stuck on and I would really appreciate your help. The questions are as follows thank
I have a couple of questions that I am really stuck on and I would really appreciate your help. The questions are as follows thank you so much for your time and help!
- Which one of the following is an advantage of buying?
a. Ease of mobility
b. Financial benefits
c. Fewer responsibilities
d. Minimal financial commitment
e. Declining equity
2.The amount of mortgage a person is eligible for will be larger when:
a. the value of the collateral is lower.
b. the down payment is lower.
c. other debt obligations are higher.
d. the family's income is lower.
e. the interest rates are lower.
3.A major expense associated with home ownership would be:
a. renter's insurance.
b. the security deposit.
c. increased value of the property.
d. real estate taxes.
e. interest lost on the security deposit.
4.Which one of the following is not a source that provides data to credit bureaus?
a. Banks
b. Finance companies
c. Credit card companies
d. Court records
e. Internal Revenue Service
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