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1.
One way to save money when buying a house on your own is to look for _______ homes.
"For sale by owner". When a seller isn't using a realtor, the home's price will not include a realtor's commission, so it is likely to be lower than a home sold by a realtor.
2.
One factor weighed heavily within your FICO score is _______.
Your payment history. FICO scores are primarily based on how you have used credit in the past, and payment history is one of the most important indicators of whether you will pay loans back in the future.
3.
All offers to purchase a home are accompanied by a(n) _______ deposit.
Earnest money. When you make an offer on a house, you must include a good faith deposit known as earnest money.
4.
How much of your gross monthly income should your total debt load take up at the most?
40 percent. All of your loans, including mortgage, car, student, credit card, etc., shouldn't add up to more than 40 percent of your gross monthly income.
5.
Sources of information about homes you might be interested in include _______.
The Internet. Numerous Websites on the Internet list homes in your area for sale, and include pictures, prices, and descriptions.