Escrow & Title
Which of the following costs would MOST LIKELY appear as a buyer's debit on a Connecticut closing statement?
AReal estate broker commission
BDown payment and loan origination fees✓ Correct
CSeller's attorney fees
DConveyance tax
Explanation
The buyer's debits on the closing statement include the purchase price (offset by credits for the deposit and mortgage), loan origination fees, title insurance premiums (owner's and lender's), and their attorney fees.
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