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28 February, 07:10

Which of the following is a nonrecurring home fee?

A. PMI

B. Appraisal

C. Property taxes

D. Homeowners insurance

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Answers (2)
  1. 28 February, 07:16
    0
    The correct answer is option B. "Appraisal". An appraisal fee is defined as the cost to hire a professional to estimate the value of a house in the market if you want to sell or buy a house. This is a nonrecurring fee because it is paid one time and applies only for buying or selling purposes.
  2. 28 February, 07:25
    0
    The answer should be B. Appraisal
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