A seller has agreed to pay 80% of the title insurance company's fee on a sale. The company charges $550 for the title policy, plus $95.50 for the title search and $50 for processing the papers. What is the difference between what the seller has to pay and what the buyer has to pay?
A) 20%
B) $139.10
C) $417.30
D) $556.40
Correct Answer:
Verified
Q12: The property tax year runs from January
Q13: Escrow accounts are opened for the protection
Q14: The home was sold on July 18.
Q15: The property tax year runs from January
Q16: If an existing escrow is to be
Q18: Pat bought a home for $75,000. He
Q19: A 9% amortized loan with a November
Q20: How many days are normally needed to
Q21: One advantage of the escrow closing method
Q22: The escrow agent is always selected by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents