katdoesart1591 katdoesart1591
  • 03-01-2020
  • Business
contestada

What is the term given to mortgage loan costs such as pest inspections, survey fees, and title insurance?

Respuesta :

jepessoa
jepessoa jepessoa
  • 03-01-2020

Answer:

Services the borrower did shop for, that the buyer may find on his own.

Explanation:

Services such as a pest inspection or title insurance are services that the buyer of a house usually want, but are not mandatory for them to purchase. Therefore usually buyers must search for them on their own since they are not required by a bank.

They are different than services that a lender requires like home insurance, which a buyer must purchase.

Answer Link

Otras preguntas

what is the cell cycle??
what are some reasons for limiting authority
How many midgets can sit in a clown car if the car can hold 4 clowns from door to door and 3 people from front seat to back seat. Two midgets fit across 1 clow
What are some reasons why Immigrats people come to the U.S.?
1,352 pounds is what fraction short of a ton? A) 169/250             B) 77/100               C)13/20             D140/223
what does the zeppelin
The following statements about carbon dioxide are true EXCEPT a. It can be prepared by the action of acid on CaCO₃ b. It is used in fire extinguishers c. It d
An ant sits on the back of a mouse. The mouse carries the ant across the floor for a distance of 10 meters. Was there work done by the mouse? Explain.
What is the size and shape of a super volcano?
Identify the turning point of the function f(x)=x^2-2x+8 by writing its equation in vertex form. Show work