Of the following fees involved in the purchase of a house, which is usually not borne by the purchaser?
A) Title search and insurance
B) Appraisal fee
C) Real estate broker's commission
D) Loan application fee

Question

Quizplus · Accepted Answer

The real estate broker's commission is typically paid by the seller, not the purchaser. This fee compensates the real estate agents involved in the transaction. The buyer usually covers costs related to financing, appraisals, and ensuring the title is clear.

Of the Following Fees Involved in the Purchase of a House