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What do appraisal costs refer to in the mortgage process? Select one: a . The fees charged by the lender for processing a mortgage application

What do "appraisal costs" refer to in the mortgage process?
Select one:
a. The fees charged by the lender for processing a mortgage application
b. The fees paid for an independent valuation of the property to determine its market value
c. The costs associated with obtaining legal representation for a mortgage transaction
d. The expenses related to hiring a property inspector to evaluate the condition of a property
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