Why might a borrower be willing to pay a higher price for a


1. Why might a borrower be willing to pay a higher price for a home with an assumable loan?

2. What is a buy down loan? What parties are usually involved in this kind of loan?

3. Why might a wraparound lender provide a wraparound loan at a lower rate than a new first mortgage?

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Finance Basics: Why might a borrower be willing to pay a higher price for a
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