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The table shows closing costs for a purchase of a $293,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). Title insurance premium Document recording fee Loan fee (1 point) Appraisal fee The total amount of cash required at closing is $ (Simplify your answer.) $450 $60 $400 Prorated property taxes $674 Prorated insurance premium $295

The table shows closing costs for a purchase of a $293,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). Title insurance premium Document recording fee Loan fee (1 point) Appraisal fee The total amount of cash required at closing is $ (Simplify your answer.) $450 $60 $400 Prorated property taxes $674 Prorated insurance premium $295

SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter5: Business Deductions
Section: Chapter Questions
Problem 38P
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The table shows closing costs for a purchase of a $293,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). Title insurance premium Document recording fee Loan fee (1 point) Appraisal fee The total amount of cash required at closing is $ (Simplify your answer.) $450 $60 $400 Prorated property taxes $674 Prorated insurance premium $295
Transcribed Image Text:The table shows closing costs for a purchase of a $293,000 house requiring a 20% down payment. Find the total amount of cash required of the buyer at closing (including down payment). Title insurance premium Document recording fee Loan fee (1 point) Appraisal fee The total amount of cash required at closing is $ (Simplify your answer.) $450 $60 $400 Prorated property taxes $674 Prorated insurance premium $295
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