Author Question: The purpose of the title search is to ensure that the A) title is free of claims from third ... (Read 375 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
The purpose of the title search is to ensure that the
 
  A)
 
  title is free of claims from third parties.
  B)
 
  buyer has adequate funds for a down payment.
  C)
 
  appraisal is correct.
  D)
 
  bank has title to the funds it is lending.

Question 2

Which one of the following would not be included in closing costs?
 
  A)
 
  Points
  B)
 
  Broker's commission
  C)
 
  Earnest money
  D)
 
  Title charges
  E)
 
  Recording fees



yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library