____ is an ongoing cost of home ownership.
A) The down payment
B) Closing costs
C) Property taxes
D) Sales taxes
E) Points

Name: ____ is an ongoing cost of home ownership. A) The down payment B) Closing costs C) Property taxes D) Sales taxes E) Points
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Question

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Property taxes are an ongoing cost of home ownership and are typically based on the assessed value of the property. The other options listed are one-time or upfront costs associated with buying a home.

____ Is an Ongoing Cost of Home Ownership