Matt Is Considering the Purchase of a Condo on a Mortgage

question 72

Multiple Choice

Matt is considering the purchase of a condo on a mortgage. However, he is not sure of the amount of the mortgage he is eligible for. _____  will help him identify and correct any problems, such as credit report errors, that may arise on his application.

• A) Prequalification
• B) A contingency clause
• C) A Multiple Listing Service (MLS)
• D) The seller's financial institution
• E) A buyer ' s agent

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Definitions:

Eudicots

A classification of flowering plants (angiosperms) that are characterized by having two seed leaves (cotyledons).

Venation

The pattern of veins in the leaves, stems, and petals of plants, critical for transport and support.

Reproductive Success

A measure of an individual's genetic contribution to the next generation, often assessed by the number of surviving offspring produced.

Flowering Plants

Plants belonging to the group Angiosperms, characterized by producing flowers in which their seeds develop.