During the Closing for a Home Purchase , You Should

question 37

Multiple Choice

During the closing for a home purchase , you should

• A) Order an appraisal.
• B) Pay all closing costs, settle last-minute details, and sign documents
• C) Schedule an inspection of the condition of the home.
• D) Sign documents and pay half of the settlement costs.
• E) Review zoning laws for the municipality where the home is located.

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Definitions:

Top Dead Center

The highest point a piston reaches in the cylinder of an engine during its compression stroke.

Overhead Camshaft Engines

Engines where the camshaft is located above the cylinder heads, directly operating the valves, which allows for more precise valve timing.

Camshaft

A crankshaft-driven shaft containing oblong-shaped lobes that push on valve lifters to open cylinder head valves.

Cylinder Head

The component of an engine that closes in the top of the cylinder, forming the combustion chamber and containing mechanisms such as valves and spark plugs.