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Match each scenario with the step in the home-buying process it describes

Match each scenario with the step in the home-buying process it describes-example-1

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Answer: The correct answers in order are Closing, Appraisal, Inspection and Prequalification.

Explanation: As a person is going through the steps to purchase a home there are a number of steps that will occur.

During the closing Jane has to pay the fees in order to complete the purchase.

The appraisal involves the bank getting an independent value on the home.

During an inspection a license professional may find mold in the basement.

In the prequalification process Jane would have her financial status verified and would get a mortgage estimate.

User Pufferfish
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1 closing,2 appraisal and 4 prequalification
User Mlabarca
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