Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Real Estate 4. A seller offers to pay six discount points on behalf of the buyers. This will reduce the buyers interest rate from 9%
Real Estate
4. A seller offers to pay six discount points on
behalf of the buyers. This will reduce the buyers interest rate from 9% to 8%. This is known
as a/an:
A. lease/option
B. seller second
C. buydown
D. adjustable-rate mortgage
behalf of the buyers. This will reduce the buyers interest rate from 9% to 8%. This is known
as a/an:
A. lease/option
B. seller second
C. buydown
D. adjustable-rate mortgage
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started