This paper circulates around the core theme of Larry and Laurie have found a home and made a $325 000 offer that has been accepted. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Question
Larry and Laurie have found a home and made a $325 000 offer that has been accepted. They make a down payment of 10 percent. The CM mortgage loan insurance premium is 2 percent of the mortgage amount required. Larry and Laurie have decided to pay this fee at the time of closing instead of having it added to the mortgage. Other fees include a $175 loan application fee, a $250 appraisal fee, a $300 home inspection fee, $540 in legal fees, and $350 for title search and insurance. How much cash will Larry and Laurie need at closing
