In addition to closing costs, realtor fees of about 10 percent are charged when you buy a home.

Question

Question 42 options:

True

False
Random Section Chp 19
Question 43 (2 points)
Social Security provides sufficient income to support the lifestyles of most individuals.
Question 43 options:

True

False

Answer 1

For Question 42, the statement is False. Realtor fees are typically charged to the seller, not the buyer, and they usually range from about 5% to 6% of the home's sale price, not 10%.

For Question 43, the statement is False. Social Security benefits generally do not provide sufficient income for most individuals to fully support their lifestyles and often require additional sources of income for a comfortable retirement.