Let's say that you are in the market to buy a home. You find a house you love. The realtor says that you own the house and the land the house sits on, but the association owns all the other land. You are about to purchase a(n) A) Coop B) Condominium C) Planned Unit Development D) Apartment Question 29 (1 point) Nella and Max are married and buying a home. They make $3,000 per month. Using the rules of home buying that were discussed in class, and the information provided below, help them decide if they can purchase a home if they have the following expenses: - PITI =$750 - Visa payment =$125 - Student Loan payment =$150 A) They should not be buying a house because their income is too low. B) No because they fail the back-end mortgage qualification ratio. C) Yes because they pass the front-end and back-end mortgage qualification ratio. D) The question cannot be answered because there is not enough information to estimate the front-end and back-end mortgage qualification ratios