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yes....they will need at least 10% down..
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∙ 16y ago
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What does 10 percent towards deposit paid by vendor mean when buying a house?
When purchasing a new home, a deposit on the sale price is normally required. When buying a house,10 percent towards deposit paid by vendor means that if, for example, the house cost 200,000 US dollars, a deposit of 20,000 US dollars was paid by the person selling the house.
Ask us of the following best explains why buying a house is more beneficial than renting?
"Buying is a personal investment while renting involves giving money to the landlord"
What is the possessive word for US?
The possessive pronoun for the first person, plural prounoun 'us' is ours.example: The house on the corner is ours.The possessive adjective for the first person, plural pronoun 'us' is our.example: Our house is on the corner.
What is a person called when they are a part of the us house of representatives?
a Representative or a congressman
What is the cost of a home?
It can vary from AUD $175,000-AUD$3,000,000 OR US $135,000-2,322,948.23. This is a rough guideline for buying a house in Australia.
What party leader becomes the Speaker of the US House of Representatives?
The majority party in the US House of Representatives elects the person who will become the Speaker of the House of Representatives. This is a powerful position in the US Congress.
Who is the highest paid person in the US?
Mark Zuckerberg was the highest paid person in the US in 2012, earning several billion US dollars.
How old must a person be to be elected to the US House of Represtatives?
25 years old
In 1870 what person was the first black to serve in the us house of representitives?
Joesph Rainey
How many members is in the house of representatives and senator?
The person must be 30 years of age.The person must have been a resident of the US for nine years.The person must be, when elected, an inhabitant of the State for which he/she shall be chosen.a US citizen. There are 435 members of the House of Representatives and 100 members of the Senate.
If you are planning on buying a home in one year should you pay off your collection accounts now or wait?
PAY OFF NOW!!! DO NOT WAIT!! Have your credit clean a year from buying that house and will can get a bank loan, lower interest rate and better financing. Also, you probably know, but about 6 months before buying a house DO NOT take out any loans especially a car loan. I just bought a house after a fraudulant real estate sell that nearly broke us, it took us almost 10 years to fix what they did to us. Pay OFF NOW!!! I just went through that and is easier to get the mortgage loan...
In 1870 this person was the first black to serve in the US House of Representatives?
Douglas
