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gtnhenbr [62]
2 years ago
8

If the buyer also paid a 3% real estate agent commission, what was the total amount paid at closing? a. $2,499 b. $5,550 c. $6,4

99 d. $7,499.
Business
1 answer:
nika2105 [10]2 years ago
5 0

Based on the various costs paid at closing, the total amount that was paid was <u>d. $7,499.</u>

<h3>Commission paid to agent</h3>

= Cost of house x Commission

= 3% x 180,000

= $5,550

<h3>Total amount paid at closing</h3>

= Commission + Loan origination + Title insurance +Attorney fees + Appraisal cost + Recording fees

= 5,550 + 275 + 528 + 750 + 275 + 121

= $7,499

In conclusion, the total paid at closing is $7,499.

Find out more on closing costs at brainly.com/question/26133271.

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