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On the preliminary settlement statement, a certain expense item is shown as POC. Who cares the most about this item, and why? a. Seller, because
On the preliminary settlement statement, a certain expense item is shown as POC. Who cares the most about this item, and why? a. Seller, because it indicates a seller expense b. Buyer, because it can be cleared as a contingency c. Lender, because it can signal a potential priority lien d. Settlement agent, because it decreases gross funds payable at closing
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