When Following Smart Buying to Purchase a Home You Should

question 17

Multiple Choice

When following smart buying to purchase a home you should

• A)create a budget and determine what PITI you can afford.
• B)check out your FICO score and get a copy of your credit report.
• C)look at your overall financial plan to determine how big a loan you should take on.
• D)determine how much of a down payment you can afford.
• E)all of the above.

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Definitions:

Personal Life

Aspects of an individual's life that are primarily personal as opposed to professional, including family, friendship, and leisure activities.

Attractiveness

The quality of being appealing or pleasing in appearance or other qualities to others.

Similarity

The state of being alike or sharing common features, traits, or characteristics.

Complementarity

in social psychology refers to relationships in which partners possess or display traits that complement or enhance those of the other.