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Terms in this set (10)
pay for any damages that may occur during the lease period.
The purpose of a security deposit is to:
Which one of the following is an advantage of renting?
If closing costs of $1,400 are associated with the refinance of a mortgage that would reduce the monthly payment from $980 to $870, it would take approximately ________ months to cover these costs.
a longer processing time due to a backlog of applications.
A possible disadvantage of FHA and VA mortgages can be:
A lease is a legal document that provides the right to take legal action by the ________ for nonpayment of rent.
Heating and cooling system failure
Which type of repair problem is more likely to be covered by a new homeowner service contract?
Which of the following expenses is paid from an escrow account?
Selecting a place of residence is reflected by your:
increased family income
Which of the following would increase the amount that a person could afford to spend on a home?
more financial benefits than home ownership
Which of the following is not an advantage of renting?
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