Points paid at closing are for payment of
A) finance charges.
B) loan processing.
C) property taxes.
D) inspections.
Correct Answer:
Verified
Q40: A net listing agreement
A)provides the seller a
Q41: Fixed rate mortgage typically have a
A)higher initial
Q42: On a fixed rate mortgage,
A)the contract rate
Q43: Closing costs are also termed
A)settlement costs.
B)recognition costs.
C)listing
Q44: "Marketable title" exists when
A)the home is reasonably
Q46: You are least likely to favor added
Q47: Title insurance protects you from
A)claims on your
Q48: Which one of the following would not
Q49: A warranty on the sale of an
Q50: In the calculation of the Annual Percentage
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