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REAL 4000 UGA Exam Study Questions and Answers (100% Pass)

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REAL 4000 UGA Exam Study Questions and Answers (100% Pass) What does the value of a property mortgage depend on - Answer️️ - 1. Magnitude of expected cash flows 2. Timing of expected cash flows 3. Riskiness of expected cash flows The possibility that the actual outcome will vary from what...

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  • August 29, 2024
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©SOPHIABENNET@2024/2025 Wednesday, August 21, 2024 12:13 PM



UNIVERSITY OF NORTH TEXAS AT DALLAS
UNIVERSITY OF GEORGIA (UGA)



REAL 4000 UGA Exam Study Questions and
Answers (100% Pass)

What does the value of a property mortgage depend on - Answer✔️✔️-
1. Magnitude of expected cash flows

2. Timing of expected cash flows

3. Riskiness of expected cash flows

The possibility that the actual outcome will vary from what was
expected when the asset was purchased. - Answer✔️✔️-Risk

fixed amount of money paid or received at the end of every period -
Answer✔️✔️-Ordinary annuity

future cash inflow or outflow occurring only once - Answer✔️✔️-lump
sum payment

What are the four time Value of money operations - Answer✔️✔️-
Compounding Operations

1. Future value of a lump sum

2. Future value of an annuity

Discounting Operation




1

, ©SOPHIABENNET@2024/2025 Wednesday, August 21, 2024 12:13 PM



UNIVERSITY OF NORTH TEXAS AT DALLAS
UNIVERSITY OF GEORGIA (UGA)


1. Present value of a lump sum

2.Present value of an annuity

What affects value - Answer✔️✔️-required yield

What is the highest degree of control you can have - Answer✔️✔️-
Purchase price

loans for which the interest rate does not change over the life of the
loan - Answer✔️✔️-Fixed rate

more common when rates in the market are not stable as they
protect lender from interest rate risk - Answer✔️✔️-adjustable rate

Why would you take an adjustable rate? - Answer✔️✔️-it allows the
borrower to secure lower rates for the short term

Two elements of a mortgage loan - Answer✔️✔️-1. The note

2. The mortgage

exact terms of financial obligation

1. Where financial terms are discussed

2. Interest rate

3.Fixed rate

4.Amortization - Answer✔️✔️-The Note


2

, ©SOPHIABENNET@2024/2025 Wednesday, August 21, 2024 12:13 PM



UNIVERSITY OF NORTH TEXAS AT DALLAS
UNIVERSITY OF GEORGIA (UGA)


A pledge of property as a security for the note. Formal conveyance
of rights to disposition - Answer✔️✔️-The mortgage (DOT)

Various arrangements for fixed-rate loan - Answer✔️✔️-1. Fully
Amortized

2. Partially Amortized

3. Interest only

4. Negative Amortization

Fully amortized - Answer✔️✔️-Most Residential Consumer Real
Estate Loans

Partially amortized - Answer✔️✔️-1. Most commercial Real Estate
loans

2. Term for amortization

3. Term to maturity (paid off before amortization term)

Interest only (NON AMORTIZING sometimes called a bullet loan) -
Answer✔️✔️-1. balloon payment at tend UNLESS converting to amort
loan

2. Mostly commercial but sometimes residential loans




3

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