Given that the renter paid rent to the seller on the first of the month escrow is to close, is the seller due a credit for prorated rent at close of escrow and if so how much? How much is the buyers monthly payment, given that the loan is a straight note, when is the principle (amount borrowed on note) due?
Assignment Question After reviewing the book and powerpoint material for Chapters 9, 10, and 13, please type a brief paper answering the questions presented in the following scenario. You are the listing agent for a rental property in Sylmar whose seller just accepted an offer at a purchase price of $945,000. The buyers plan to … Read more