What are expenses and fees paid to secure a real estate transaction such as appraisal fees, title insurance and other upfront costs?

A) PMI
B) Closing costs
C) Selling Cost
D) Buyer's Cost
E) Housing Expense


B) Closing costs

Business

You might also like to view...

The absolute maximum number of units that would be possible under the best conceivable operating conditions is a description of which type of manufacturing capacity?

a. Practical b. Theoretical c. Currently attainable (expected) d. Normal

Business

The costs attached to subdeliverables:

A) Are the summary of the work packages that support it. B) Are called phantom costs. C) Should be subtracted directly from deliverable costs. D) Are not recoverable unless explicitly stated in the work breakdown structure.

Business

The usual advantages of using an arbitrator are:

a. the arbitrator is a neutral expert b. the arbitrators is trusted by both parties c. the matter is resolved more quickly than in most court trials d. less costly than a regular trial e. all of the other choices are possible

Business

How does the amortization of the discount on a note payable affect the elements of a company's financial statements?A.Decreases interest expense and decreases liabilitiesB.Decreases interest expense and increases liabilitiesC.Increases interest expense and decreases liabilitiesD.Increases interest expense and increases liabilities

What will be an ideal response?

Business