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What To Know When Buying A Home
Part 1 of Essay
As each American ventures into their journey through the “game of life”; one often begins with finding a home. Some prefer renting; yet, many prefer to buy a home. Buying a home can be exciting and perplexed. Getting the proper information can greatly help ease the anxiety and fears of such a great purchase.
The firs ....
Part 2 of Essay .... points and loan fees in addition to the stated interest rate.
Appraisal-an expert judge of the value or worth of the property.
Assessed value- the value placed on a property by a municipality for the purpose of levy taxes.
Balloon Payment- a large [principal payment due at the end all at once on some loans.
Contract- binding legal agreement between two or more parties hat delineates the conditions for the exchange of property.
Deed- a legal document that formally conveys ownership of property from the selle ....
Word count: 972 | Approximate pages: 4
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