Question

What payment needs to be made to the lender before it closes the file and issues a check for the payment of the house?

A. Nonrecurring fees
B. Home fees
C. Closing costs
D. Recurring fees

Answer 1

Wrong It's Closing Fees

Answer 2

The answer is: c closing costs

Closing costs refers to the additional fees that occurs when you finish a real estate purchase transaction. Typically, the closing costs for each real estate purchase would be around 2 - 5% from the price of the property. On average, american people spend around $ 3,700 as closing costs when they purchase a property.