Exam (elaborations)
***North Carolina 75-Hour Broker Pre-licensing Final Exam (PASSED Attempt) Accurate 100%
- Module
- Institution
Why might a buyer want to ASSUME a LOAN? The buyer doesn't want to follow a lender qualification process. The existing loan has a lower interest rate than current market rates. The principal remaining on the existing loan is low. The transfer of the property won't need to be approved by the l...
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