In Georgia, which of the following pieces of information about a sellers loan should not be obtained from the lender by the brokerage engagement salesperson? Any current shortage on the taxes or insurance reserves in the trust account Whether the seller's loan has a pre-payment penalty The date the most recent payment was made The percentage of the sellers income used to make the monthly principal/ interest payment

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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In Georgia, which of the following pieces of information about a sellers loan should not be
obtained from the lender by the brokerage engagement salesperson?
Any current shortage on the taxes or insurance reserves in the trust account
Whether the seller's loan has a pre-payment penalty
The date the most recent payment was made
The percentage of the sellers income used to make the monthly principal/ interest payment
Transcribed Image Text:In Georgia, which of the following pieces of information about a sellers loan should not be obtained from the lender by the brokerage engagement salesperson? Any current shortage on the taxes or insurance reserves in the trust account Whether the seller's loan has a pre-payment penalty The date the most recent payment was made The percentage of the sellers income used to make the monthly principal/ interest payment
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