With Prequalification, a Buyer Can

question 35

Multiple Choice

With prequalification, a buyer can:

• A)negotiate a price lower than the quoted price on the property.
• B)correct any problems on his credit report.
• C)get a comprehensive list of all the suitable properties in a locality.
• D)bargain for additional time in a property deal.
• E)reduce the required down payment.

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Definitions:

Single Mother-led Families

Households headed by a female parent who is not married or partnered, raising her children alone.

Poverty

A condition where individuals or communities lack the financial resources and essentials for a minimum standard of living.

Unpaid Work

refers to tasks and services performed without monetary compensation, often inclusive of household chores, caregiving, and volunteer efforts.

Chilly Climate

An environment, often in educational or workplace settings, where women and minorities feel marginalized, unwelcome, or treated less favorably due to subtle forms of discrimination.