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Question 1: (One word or hyphenated answer) Question 2: [Fill in the Blank:] In a Buyers' Market, to encourage or assist a Buyer in purchasing
Question 1: (One word or hyphenated answer)
Question 2:
[Fill in the Blank:] In a "Buyers' Market," to encourage or assist a Buyer in purchasing the Seller's residential property, the Seller may offer to lend the Buyer funds (or to delay collection of funds from the Buyer) with a purchase money "second" lien (e.g., a trust deed in second priority position, "behind" the mortgage lender's purchase money "first" security interest in the property). In the real estate sales and real estate lending industries, the common term for this type of Seller financial assistance to the Buyer is Financing [True or False:) The CAR Buyer's Inspection Advisory (BIA) form advises each potential buyer of a residential property that the buyer is required by law to have a property professionally inspected before buying, so that the buyer is advised properly of defects and potential defects in that property. [Fill in the Blank:] In a "Buyers' Market," to encourage or assist a Buyer in purchasing the Seller's residential property, the Seller may offer to lend the Buyer funds (or to delay collection of funds from the Buyer) with a purchase money "second" lien (e.g., a trust deed in second priority position, "behind" the mortgage lender's purchase money "first" security interest in the property). In the real estate sales and real estate lending industries, the common term for this type of Seller financial assistance to the Buyer is Financing [True or False:) The CAR Buyer's Inspection Advisory (BIA) form advises each potential buyer of a residential property that the buyer is required by law to have a property professionally inspected before buying, so that the buyer is advised properly of defects and potential defects in that propertyStep by Step Solution
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