Question

1. a cost associated with home buying would be ____.

a) renter’s insurance
b) the security deposit
c) interest lost on the security deposit
d) property taxes

Explanation:

• Option A: Renter’s insurance is for renters, not home buyers, so A is incorrect.
• Option B: A security deposit is related to renting, not buying a home, so B is incorrect.
• Option C: Interest lost on a security deposit is also a rental - related cost, not a home - buying cost, so C is incorrect.
• Option D: Property taxes are a recurring cost associated with owning a home, so they are a cost of home buying.

Answer:

D. property taxes