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Real Estate License Review Questions and Answers | Verified & Updated

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A property sold for $60,000 and was financed bya 80% ltv mortgage. On the buyer's portion of the settlement statement the 2 % loan origination fee would be shown as - a debit to the buyer How does the buyer's earnest money deposit appear on the closing settlement statement? - as a credit to the buyer In a state where real property taxes are paid a year in arrears, how would the accrued taxes that were not due and payable appear on the closing settlement statement? - as a prorated credit ...

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  •  • 32 pages • 
  • by bestgradees • 
  • uploaded  05-04-2024
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