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Seller financing is generally a shorter-term arrangement than financing with a financial institution. Question 25 options: True False Save Question 26 (2 points) Question 26

Seller financing is generally a shorter-term arrangement than financing with a financial institution. Question 25 options: True False Save Question 26 (2 points) Question 26 Unsaved ____ is (are) generally part of the monthly house payment. Question 26 options: Principal and interest Real estate property taxes Homeowner's insurance premium All of these Save Question 27 (2 points) Question 27 Unsaved Mortgage ____ occurs when a new mortgage is obtained to pay off an existing mortgage. Question 27 options: amortization subleasing appreciation refinancing Save Question 28 (2 points) Question 28 Unsaved A house that is underwater has been foreclosed on. Question 28 options: True False Save Question 29 (2 points) Question 29 Unsaved ____ has (have) historically been favored by Americans as the most preferable housing alternative. Question 29 options: Single-family dwellings Condominiums Cooperatives Manufactured housing Save Question 30 (2 points) Question 30 Unsaved Mortgage lenders charge interest rates based on your Question 30 options: credit score. front-end ratio. liability. escrow.

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