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9 January, 12:35

What is the best reason for homebuyers to create a budget before taking out a mortgage

to compare the value of their home with that of their neighbors

to plan how to pay off the money they have borrowed

to set aside enough money to refinance the loan

to figure out how long they can stay in their home

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Answers (2)
  1. 9 January, 12:56
    0
    To set aside enough money to refinance the loan.

    Explanation:

    This is the best and logical reason, other options have nothing in common with the statement. So, the reason to create a budget is to know if they have enough money to cover or refinance the loan, otherwise they will lose the property.
  2. 9 January, 14:47
    0
    to set aside enough money to finance the loan
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Home » English » What is the best reason for homebuyers to create a budget before taking out a mortgage to compare the value of their home with that of their neighbors to plan how to pay off the money they have borrowed to set aside enough money to refinance the
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