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“I’d like to introduce you to a Nigerian prince,” replied another, referencing a famous email scam which urges people to loan money in return for receiving a larger amount at a later date. Mr Perry.

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A construction loan is typically a short-term loan used to pay for the cost of building a home. It may be offered for a set term (usually around a year) to allow you the time to build your home. At the end of the construction process, when the house is done, you will need to get a new loan to pay off the construction loan – this is sometimes.

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