If you find you cannot make your house payment, you should
a. return the house to the lender and walk away.
b. try to sell it on your own.
c. stop making your payment and wait to hear from the lender.
d. ask the lender to renegotiate the terms of your mortgage.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If you find you cannot make your house payment, you should a. return the house to the lender and walk away. b. try to sell it on your own. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Retreaded Tires plans to save $23,500, $24,500, $26,500, and $28,000 at the end of each year for Years 1 to 4, respectively. If it earns 2.1 percent on its savings, how much will the firm have saved at the end of Year 4? A. $100,878.30 B. $102,140.
Answers (1)
Clay's fishing shop's beginning inventory is $70,000 and ending inventory is $36,500. what was clay's average inventory?
Answers (1)
Karen Bartlett was given a generic version of Sulindac, an anti-inflammatory drug. The result was that she developed toxic epidermal necrolysis, a disease that disfigured and blinded her.
Answers (1)
Exercise 7-11A Accounting for notes receivable LO 7-5Rainey Enterprises loaned $50,000 to Small Co. on June 1, Year 1, for one year at 7 percent interest. Requireda.
Answers (1)
Why is representative money more useful than commodity money?
Answers (1)
New Questions in Business
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.
Answers (1)
Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Answers (1)