The sale price of a property is $100,000. The buyer pays $10,000 down and makes one payment of $268 on the existing loan balance of $50,000, bearing interest at 5%. The buyer then makes a second (monthly) payment of $253 to the seller on $40,000 owner-carried financing, bearing interest at 6.5%. What type of land contract is this an example of?
a. Straight
b. Wrap-around
c. Power of sale
d. All of the above
Straight
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________ is an emerging collaborative business model that seeks to move away from the traditional transaction-based model toward meeting the mutual interests of both the buyer and logistics service provider. a. Performance-based logistics b. None of the choices
c. Private carriage d. Total quality management e. Wavelength
The ____ Act prevents employers from restricting entry into group health plans or charging a higher premium to certain participants on the basis of health status (i.e., existing or prior medical condition, disability, or health claims history)
a. American Job Applicants b. Americans with Disabilities c. American Health and Disabilities d. Health Insurance Probability and Accountability