Ask Question
BusinessBusiness
12 August, 19:24

Which one of these is the best way to prevent foreclosure? Save at least 1% of your home's purchase price annually Refinance as soon as possible Use a budget to live within your means and build savings Never accept an adjustable-rate mortgage

+5
Answers (1)
  1. 12 August, 19:43
    0
    Use a budget to live within your means and build saving

    Explanation:

    Taking loans in engaging in capital projects are not to be discouraged, but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

    Through living within your means and with a healthy and well planned saving budget, all borrowed money will be definitely paid back to the lender.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which one of these is the best way to prevent foreclosure? Save at least 1% of your home's purchase price annually Refinance as soon as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The inventory at June 1 and costs charged to Work in Process-Department 60 during June are as follows: 3,800 units, 80% completed ($25,000 materials, $35,400 conversion) $ 60,400 Direct materials, 32,000 units 368,000 Direct labor 244,000 Factory
Answers (1)
Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Administrative Expense Budget for the last quarter of the year.
Answers (1)
Heller Company issues $950,000 of 10% bonds that pay interest semiannually and mature in 10 years. What is the bonds' issue price assuming that the bonds' market interest rate is 14% per year? Select one: A. $ 748,714 B. $ 950,000 C. $ 751,788 D.
Answers (1)
Unearned revenues are revenues not recorded as revenues until services are performed. revenues for services already performed and received in cash, and recorded as revenues when received.
Answers (1)
If the firms in an oligopolistic industry can establish an effective cartel, the resulting output and price will approximate those of
Answers (1)
New Questions in Business
The chairman of the federal reserve board can accelerate economic activity by lowering interest rates. what primary method does the federal reserve use to accomplish this?
Answers (1)
Joy is taking out a car loan which she'll pay back with interest. Which option will require her to pay the lowest amount in interest?
Answers (1)
What payment method typically charges the highest interest rate
Answers (1)
Suppose that the table at the top right shows an economy's relationship
Answers (1)
Use the following data to compute total factory overhead costs for the month: Sales commissions $ 11,100 Direct labor 39,900 Indirect materials 15,500 Factory manager salaries 7,500 Factory supplies 9,300 Indirect labor 6,600 Depreciation-office
Answers (1)
Home » Business » Which one of these is the best way to prevent foreclosure? Save at least 1% of your home's purchase price annually Refinance as soon as possible Use a budget to live within your means and build savings Never accept an adjustable-rate mortgage
Sign Up Forgot Password?