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Kristian purchased a new home for $ 2 0 0 , 0 0 0 . He put down $ 5 0 , 0 0 0

Kristian purchased a new home for $200,000. He put down $50,000 in cash and took out a mortgage for the rest. At the time of closing, he also paid $1,000 for title insurance, $500 in recording fees, and the bank required that he place $2,500 in an escrow account for property taxes. What is the basis of the home?
$fill in the blank 2

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