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5 votes
Which of the following is a nonrecurring home fee?

A.PMI
B.Appraisal
C.Property taxes
D.Homeowners insurance

User Nayem
by
8.2k points

2 Answers

6 votes
the answer should be B. Appraisal
User Aprimus
by
8.7k points
4 votes

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.

User ZeeAzmat
by
8.3k points
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