Business, 22.01.2020 21:31 XxKaitlynnxX

When dave worked in real estate, he found that when they explained buyer's remorse to home buyers upfront it cut contract losses

by a third
by a quarter
to almost to nothing
by 10%

Answers: 1

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Answer from: erickamurillo9929

The correct answer is "to almost to nothing".

Explanation:

When buyer remorse is explained to homebuyers in advance, it reduces contract losses. This is because when a buyer makes a large expense or a large investment of money, over time new questions arise about the opportunity cost he or she faces. This is normal consumer behavior, so if explained before purchase, the buyer can anticipate this problem.

Have a nice day!

Answer from: Quest

Don’t know can’t tell you my friend

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

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