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Matt Is Considering the Purchase of a Condo on a Mortgage

Question 72

Multiple Choice

Matt is considering the purchase of a condo on a mortgage. However, he is not sure of the amount of the mortgage he is eligible for. _____  will help him identify and correct any problems, such as credit report errors, that may arise on his application.


A) Prequalification
B) A contingency clause
C) A Multiple Listing Service (MLS)
D) The seller's financial institution
E) A buyer ' s agent

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