What is meant by a purchase money mortgage loan? When could a loan not be a purchase

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What is meant by a “purchase money“ mortgage loan? When could a loan not be a purchase money mortgage?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Sep 26, 2018 11:41 AM

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What is meant by a purchase money mortgage loan? When could a loan not be a purchase

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Purchase money means funds from ...View the full answer

Real Estate Finance and Investments

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