Which of the following is a nonrecurring home fee? A.PMI B. Appraisal C. Property taxes D. Homeowners insurance
History · High School · Tue Nov 03 2020
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Among the options provided, the nonrecurring home fee is B. Appraisal. An appraisal fee is typically a one-time payment made during the home buying process to assess the value of the property being purchased. The other options, such as property taxes, homeowners insurance, and PMI (Private Mortgage Insurance), are usually recurring fees or payments associated with homeownership.