The Closing Disclosure form sets forth the
A. estimated cost of closing at the time the contract is entered into.
B. indicated expenses so that the borrower can shop around for a good interest rate.
C. final settlement costs in the transaction.
D. identity of the real estate professional in the transaction
Answer: C. final settlement costs in the transaction.
You might also like to view...
The insured must demonstrate good health, among other things, in order to reinstate a lapsed policy
Indicate whether the statement is true or false
With regard to risk-taking, compared to groups that make decisions face-to-face, groups that make decisions via electronic communication are:
a. risk-averse for gains and risk-seeking for losses. b. prone to feel more responsible for project failures. c. risk-seeking for gains, and for losses. d. risk-averse for both gains and losses.