FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 15 1 pt The buyer's costs are a $360,000 purchase price, a $3,180 origination fee, $400 for a lender's policy of title insurance, $300

image text in transcribed
image text in transcribed
Question 15 1 pt The buyer's costs are a $360,000 purchase price, a $3,180 origination fee, $400 for a lender's policy of title insurance, $300 for an appraisal, $430 for property taxes in advance, and $555 for hazard insurance. She has put down a $12,000 earnest money deposit and is receiving a $318,000 loan. What is the cash balance required from the buyer at closing

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Employment Law for Business

Employment Law for Business

Authors: Dawn D. Bennett Alexander, Laura P. Hartman

9th edition

1259722333, 978-1259722332

More Books

Students also viewed these Law questions

Question

★★★★★
Has the company's ability to pay its debts improved or weakened over the year? Instructions (a) Calculate Danier Leather's current assets and current liabilities for each period. (b) Calculate Danier...

Answered: 1 week ago

Question

★★★★★
Problem 5 - 8 Assume that a lender offers a 3 0 - year, $ 1 4 5 , 0 0 0 adjustable rate mortgage ( ARM ) with the following terms: Initial interest rate = 7 . 5 percent Index = one - year Treasuries...

Answered: 1 week ago

Question

★★★★★
=+b) An airline company solicited customers to join their frequent flyer and loyalty program and studied whether the new members did make use of the offers the company made to this group in...

Answered: 1 week ago

Question

★★★★★
Alpha Company purchased 30% of the voting common stock of Beta Company on January 1 and paid $500,000 for the investment. Beta Company reported $100,000 of earnings for the year and paid $40,000 in...

Answered: 1 week ago

Question

★★★★★
You can use (and are most welcome!) to use the following functions from the SML Basis Library, but not any others http://sml-f amily.org/Basis/top-level-chapter.html...

Answered: 1 week ago

Question

★★★★★
Park Senior Center has a weekly payroll of $30,000. December 31 falls on Tuesday, and Pine Park Senior Center will pay its employees the following Monday (January 6) for the previous full week....

Answered: 1 week ago

Question

★★★★★
20. A charge of 10 nC is kept at the centre of a square of side 2 m. What would be the potential at the vertices of the square ABCD? Also, find the work done in moving a charge of 5 C from A to C.

Answered: 1 week ago

Question

★★★★★
22. A hollow cylindrical box of length 1 m and area of cross-section 25 cm is placed in a three dimensional co-ordinate system as shown in Fig. 3.63. The electric field in the region is given by...

Answered: 1 week ago

Question

★★★★★
23. Determine (VA - VB) potential difference from the following figure 3.64. (UP 2016) +9 A B -x- X Fig. 3.64

Answered: 1 week ago

Question

★★★★★
Bill has 30.00 more than Alan, but then Alan wins some money on lotto and trebles his money, which means that henow has 20 more than the original amount of money thatthe two men had between them. How...

Answered: 1 week ago

Question

★★★★★
Calculate the warrant premium with the information given below. Warrant price - $50 Exercise price - $120 Current share price - $125 Select an option Clear Response $45 $55 $25 $75

Answered: 1 week ago

Question

★★★★★
Una casa comercial cuenta con productos en las reas de: mujer, hombre, nio, calzado, deporte, maquillaje, lnea blanca y tecnologa. Adicionalmente, la empresa tiene reas de trabajo bien estructuradas,...

Answered: 1 week ago

Question

★★★★★
1. Set a personal goal for yourself in your work situation. Examine this goal in the light of the 10 factors to achieve goals.

Answered: 1 week ago

Question

★★★★★
4. Set up at least one work role that is important for you to master. Reflect on how you can use your time more efficiently, not necessarily spend more time, to perform better in this work role.

Answered: 1 week ago

Question

★★★★★
3. List four goals that are important to you. Then set up the roles that correspond to these goals. How will you shape your personal vision as a result of your goals and roles?

Answered: 1 week ago

Previous Question Next Question