Question
If a seller pays1/2of the property tax and the settlement charges, how much is due the seller given the following information? Sales price: $85,000 Property
If a seller pays 1/2 of the property tax and the settlement charges, how much is due the seller given the following information?
Sales price: $85,000
Property tax (total): $186
Existing loan on property: $19,250
Settlement charges (total): $5,000
Step by Step Solution
3.44 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
The detailed answer for the above question is provided belo...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
