A written document transferring ownership of the home to the buyer is known as the
A) title.
B) listing agreement.
C) offer to purchase.
D) deed.
Correct Answer:
Verified
Q50: In the calculation of the Annual Percentage
Q51: Fixed-rate mortgages usually have
A)level monthly payments over
Q52: Adjustable rate loans
A)have less variability than flexible
Q53: The purpose of the title search is
Q54: A title search is conducted
A)at the closing.
B)before
Q56: In the terminology used by lenders,one "point"
Q57: One point on an $80,000 loan for
Q58: Additional points on a home mortgage will
A)lower
Q59: Concerning an adjustable rate loan,which of statements
Q60: The mortgage contract rate
A)takes into account all
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