David Saks: December 2012

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1952

                                                           #1952

A seller will most likely consider using a seller second to supplement a new loan for a buyer when interest rates are high.

Is this fact true or false ?

Please remember to take your time. The solution is posted below the wildlife photo.

wildlife

A. True

When interest rates are high the number of buyers that will qualify for a loan are fewer.

A seller might offer secondary financing as a motivating factor to help the buyer.

Check with your lender for more informetion.




David Saks



Time&Temp Memphis

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