Typical range for closing cost is 2-7%?

• True

• False

The listing agent is responsible for making sure that the buyer get the best price on the home he or she is buying?

• True

• False

Flooding is normally covered under a homeowners insurance policy?

• True

• False

Your credit report may affect the cost of your insurance policy?

• True

• False

A written purchase proposal signed by the buyer is called?

• Contingency

• Offer

• Deed

• Earnest Money

An event that must happen before the buyer or the seller can complete the purchase is called?

• Escrow

• Offer

• Contingency

• Point

A legal document conveying title to a property from the seller to the buyer is called?

• Deed

• Escrow

• HUD

• Offer

To get to know a neighborhood, yoou should visit it at different times of the day?

• True

• False