Unit $4$ Noninstitutional Lenders

$113$

$10.$ When a bond is paid from property taxes, it is

a$.$ a railroad bond.

b$.$ a revenue bond.

c$.$ a general obligation bond.

d$.$ a corporate bond.

Compare the points, discounts, and interest rates charged by private loan companies, banks, and savings associations when issuing new real estate loans. Which loan type issued is the least expensive?

Investigate the impact of foreign ownership of property in your community.