The Albertsons are purchasing a home for $400,000. They are financing 70 percent of the home's value. In addition to the down payment, they have the following closing costs:
Lender's inspection fee $400 Loan origination fee 1.5% of the loan amount Notary public fee $60
Document recording fees $75
Title search $300
What is the total amount of the closing costs? .
help plz​

Answers

Answer 1

Answer:

$5,035

Explanation:

First, you have $400 as the first cost in the closing costs.

You Then find 1.5% of the loan amount, which is 70% of $400,000 ($280,000), so 1.5% of $280,000 is $4,200. So you add $4,200 to the $400

Next, you add the notary fee of $60.

Then you add the recording fees of $75.

Lastly, you add the title search of $300.

Now add everything up, $400 + $4,200 + $60 + $75 + $300 = $5,035

Final answer = $5,035


Related Questions

What is the role of business in a global economy?

Answers

Answer:

In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.

Explanation:

A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct

Answers

Answer:

a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking.

Explanation:

Since in the question it is given that that employee work for a less days or less hours prior walk off to the job again. Also the employer would claimed that the union does not have the legal right to have partial strike so here the employer is correct as the union could be do one thing at a time i.e. strike or work

So statement a is correct

Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.

A) poor management

B) competition

C) bad location

D) finances

Answers

Answer:

C, bad location

Explanation:

Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.

Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.

Why is the location of a store important?

It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.

The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.

Thus, the ideal option is C.

Learn more about the Location of the Store here:

https://brainly.com/question/12940499

#SPJ5

How does penetration pricing discourage rival companies from entering the market? (Select all that apply.) Multiple select question. It encourages price skimming, which is too risky for most companies to engage in. It negates the experience curve effect, which usually helps competitors. Competitors who enter the market will temporarily face higher unit costs. Usually none of the companies make much profit in this situation.

Answers

Answer:

Competitors who enter the market will temporarily face higher unit costs.

2. Usually none of the companies would make much profit in this situation.

Explanation:

Penetration pricing is a pricing strategy where the sellers of a new product set the price for their product unusually low. This is to entice consumers to purchase the product

Advantages of penetration pricing

it increases market share of the firm conducting the penetration pricing it increases the sales of the firm practicing the penetration pricing

Disadvantages of penetration pricing

Profit earned by the company might be too low once a low price has been set for the good, it might be difficult to raise it later as it may drive consumers away.

Price skimming is when the price of a new product is set usually high

A women sells a bead bracelet she made. She sold it to her sister.

Answers

Answer:

Is that the question????

Explanation:

If your asking a question a can you put the whole question.

Something that's sold has been exchanged for money. When new neighbors buy the house across the street, you'll see a sign appear in its front yard that says "Sold."

What is the meaning of Money?

Money is a good that is widely acknowledged as a means of economic exchange. It serves as the medium for expressing values and pricing. It is the primary indicator of wealth since it moves from individual to individual and from country to country, allowing trade.

Any tangible object or verifiable record that's also commonly accepted as payment for products and services as well as the repayment of debts, including such taxes, in a specific nation or socioeconomic setting is referred to as money.

Money is a centralized, widely used, acknowledged form of exchange that makes it easier to exchange goods and services. In an economy, money serves as a medium of trade for a variety of products and services. Governments and nations have different monetary systems.

Learn more about the Money here:

https://brainly.com/question/22984856

#SPJ2

Which of the following is an example of quid pro quo sexual harassment?
A. Coworkers passing around inappropriate photos in the office
B. An employee leaving unwanted gifts for another employe
C. A manager offering a position only if the employee accepts her
sexual advances
D. An employee constantly asking another employee out

Answers

The answer is c. Quid pro quo entails that the person is doing a favor in return for something.

Option C. A manager offering a position only if the employee accepts her  sexual advances is an example of quid pro quo sexual harassment.

Sexual harassment is a form of harassment or unlawful discrimination based on one's gender, sexuality, be it verbal or physical. This means that any unwanted sexual advance from a coworker or anyone is termed sexual harassment.

Sexual harassment at the workplace is when an employee in the company makes any sexual advances against another based on one's gender, identity, or expression. This harassment may be in the form of verbal or physical advancement, through pictures, messages, remarks, or even any slight indication of unwanted advances. The term "quid pro quo" refers to the idea of doing a favor for someone in return for another. This can be used in sexual harassment when or if a manager or anyone offers a position or employment in return for any sexual advances. This means that a person is offered a job if he/she does something sexual or accepts sexual advances from the employer.

Any form of unwanted sexual advancement is accepted as harassment or discrimination. And in that regard, a quid pro quo sexual harassment is when a manager offers employment in return for sexual favors. Thus, the correct answer is option C.

Learn more about sexual harassment here:

brainly.com/question/24263757

the three branches of government are the legislative branch, and the ____ branch
a. judicial
b.regulatory
c. supreme court
d. presidential ​

Answers

Answer:

Judicial

Explanation:

There is no presidential branch as that is the executive branch. The supreme court IS the judicial branch but the supreme court is not a branch in of itself. There is no regulatory branch that I know of.

a) judicial

legislative, judicial, and executive are the three branches of government.
Other Questions
Avery is solving the following equation.-2[m - 2] = -6Which equation is equivalent to Avery's equation?A. 2m + 4 = -6B. Im - 2] = -3C. 2m + 4 = 6D. Im - 2) = 3 An object is placed 250 cm in front of a concave circular mirror, and the image of the object also appears at 250 cm in front of the mirror. What is the radius of curvature of the mirror?500 cm125 cm25.0 cm250 cm Why was the word genocide created (ASAP) The tired bus driver paper rate for sleep. Where is the verb? how to spell a sentence with the letters p f g o any order How did the war effort affect US manufacturing?US companies were unable to meet the demand.France supplied most of the vehicles used in the war. Great Britain stopped purchasing US goods. The US became the largest manufacturer of airplanes. Maggies bank has assigned her a temporary 3-digit PIN to use with her ATM card. Each digit is a number from 1 to 5, inclusive, and no digit can be used more than once in the PIN. Which multiplication problem can be used to determine the probability that the PIN she was assigned was 123? (One-fifth) (one-fifth) (one-fifth) (One-fifth) (one-fourth) (one-third) (Four-fifths) (three-fourths) (two-thirds) (Four-fifths) (four-fifths) (four-fifths) Kelly had a part-time job last year. She paid the state $234 in income tax. The state income tax rate is 5.2%. How much did Kelly earn? Sean solved a quadratic equation by factoring.The problem he solved is given. Complete thefour blanks shown for one of his steps and thesolution It takes 53.0 J to raise the temperature of an 11.0 g piece of unknown metal from 13.0C to 24.3 C. What is the specific heat for the metal? 2. Find the probability that she gets a 5.*Janet rolls a regular eight-sided die with numbers 1 to 8.1/51/85/87/8 What is the answer no link I will report and banned you A wind turbine is most like a _______________A; windmillB; windsockPlease I need it for my test :( 9/166 in fraction from? help pleasseeeee I will mark branlist for the best anwserrrrrrrrrrrrrrrrrrr (PLEASE N TAKING PINTS!!! OR LINS OR SAYING RANDOM THINGS THIS IS SERIOUS! ) DIRECTIONS: You will be given the beginnings of a story. You will NEED to finish the story. Answers should be 7-15 sentences long.Yes, they can be longerAnswers should be COMPLETE sentencesBe CREATIVE. Use your IMAGINATION! DO NOT use any character, setting, or storylines from EXISTING works. For example:NO Disney, Marvel, DC, Star Wars, Anime, etc. The story should be 100% ORIGINAL! How do the Pacific winds and the Arctic winds differ in their impact on climate Sara invested a total of $1,014 by purchasing shares of two types of stock, stock A and stock B. she purchased 52 shares of stock A and 65 shares of stock B. if the combined cost for one share of stock A and one share of stock B is $17.18 find the cost per share of stock B Como leer el decimal 0.000000215 A television selling for $940.00 is marked down by 15%. What is the price after the markdown? Look at the map of Europe. A map of western Europe. The following countries are labeled: Kingdom of Scotland, Kingdom of England (which includes western half of modern France), Kingdom of France, Kingdom of Navarre, Holy Roman Empire, Kingdom of Denmark. Which of the following would be the best title for the map? The Roman Empire Europe after the Norman Conquest The Holy Roman Empire The First Crusade