step 7: closing
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the time at which the title is transferred to the buyer and the seller is paid in
full
15 year mortgage
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higher chance of foreclosure, lower interest paid, higher monthly payments
with an ARM, the first _______ years have lower interest, other years have higher interest
Give this one a try later!
7
T or F: you can have the seller fix anything that's broken before you buy it
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true, however, the seller might call of the deal
the low initial "teaser" rates on an ARM are about
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0.5-2% less than fixed
seller
Give this one a try later!
Give this one a try later!
the time at which the title is transferred to the buyer and the seller is paid in
full
15 year mortgage
, Give this one a try later!
higher chance of foreclosure, lower interest paid, higher monthly payments
with an ARM, the first _______ years have lower interest, other years have higher interest
Give this one a try later!
7
T or F: you can have the seller fix anything that's broken before you buy it
Give this one a try later!
true, however, the seller might call of the deal
the low initial "teaser" rates on an ARM are about
Give this one a try later!
0.5-2% less than fixed
seller
Give this one a try later!