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Kim Buyer is purchasing a home. The purchase price for the home is $125,000. Kim is obtaining a loan from Acme Loan Company for $105,000.

Kim Buyer is purchasing a home. The purchase price for the home is $125,000. Kim is obtaining a loan from Acme Loan Company for $105,000. What is the amount of title insurance that Kim can purchase? What is the amount of title insurance that Acme Loan Company can purchase?

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