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What To Know When Buying A Home
Beginning of paper
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 first step for a ho .... Middle of paper
.... 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 seller to the buyer.
Equity- the value of property actually owned by the homeowner: purchase price plus depreciation, plus improvement ....
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Number of words: 972
Number of pages: 4 (approx. 250 words per double-spaced page)
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