Author Question: The purpose of the title search is to ensure that the A) title is free of claims from third ... (Read 612 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?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library