Colon Franklin
02/11/2024 · High School
33. An ellgible wetaran made a purchase offer of \( \$ 80,000 \) on a home he wants to finance with a VA-guaranteed ioad. Four weeks after the offer was accepted, a certicate of remsoriablie value fchyl for \( \$ 77 \), oud was issued for the property. In this situation, the veteran could Not do which of the followving? a. Purchase the property with a \( \$ 3,000 \) cash down payment. b. Borrow the \( \$ 3,000 \) for the cash down payment. c. Withdraw from the transaction without penalty. d. Negotiate with the selfer to reduce the price \( \$ 3,000 \).
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The veteran could not withdraw from the transaction without penalty.
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