Question

To close on a home purchase you only need to pay the down payment and realtor fees. Please select the best answer from the choices provided T F

Answer 1

False

Explanation:

Answered it on E2020

Answer 2

The answer is false.

Explanation:

To close on a home purchase you only need to pay the down payment and realtor fees - This is false.

The closing cost includes many factors like - loan origination fees, discount points, credit report charges etc. The realtor's fee or also known as the commission fee is also included in the closing cost.