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Question 14 2 pts The difference between the historic purchase price of your home and the current balance of the mortgage loan is your equity
Question 14 2 pts The difference between the historic purchase price of your home and the current balance of the mortgage loan is your equity in the property. a. True b. False True False Question 15 2 pts An inflation hedge is an any asset that increases in value at a rate less than the rate of general inflation. a. True b. False True False Question 16 2 pts First-time homebuyers can withdraw up to $18,000 from an IRA without penalty before age 59 1/2. a. True b. False True OO False Question 17 2 pts The cost of a title search and title insurance are typically part of the closing costs on a housing transaction. a. True b. False True False
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