Hud house - Study guides, Class notes & Summaries

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

OHIO Lead Risk Assessor Study Guide with Complete Solutions Lead was used in paint because it Adds durability and serves as a drying agent. Lead is sometimes found in drinking water because lead is in Pipe solder and plumbing fixtures. What form of lead is often found in house paint? WHITE LEAD How much lead must be present in a painted surface for it to be considered lead-based paint by HUD? At least 1 milligram per square centimeter (0.01 kg / m2) The federal agency responsible for pro...

EPA Lead Inspector questions and answers latest top score. Lead-based paint (LBP) - correct answers.Any varnish, shallac, or coating that contains either- 1.0 mg/cm2 - 0.5 % by weight - 5000 ppm - Older instruments could not read accurately at 0.7, so the lead standard was updated to 1.0 Dust sample clearance values - correct answers.- Floors: 40 μg/ft2 > 10 μg/ft2 (10 μg/ft2 in NY) - Windows: 250 μg/ft2 > 100 μg/ft2 (50 μg/ft2 in NY) - Window wells (troug...

If you suspect the presence of UFFI, you can ______________. - Answer recommend testing of the indoor air. When you decide on your items of value (SWAG), follow through with them. You can do this by: Sending every _____ to your "A" clients; and Sending _________ to your "B" and "C" clients. - Answer month; quarterly S2: T/F - HUD sells multi-family housing units. - Answer TRUE - HUD S2: Virtual office websites are classified as _____. - Answer internet based tools ...

HUD Guidelines - Answer- What Federal document serves as an overall guideline for performing inspections, risk assessments, and abatement activities? chelation therapy - Answer- A child may be treated for lead poisoning by using... Identify LBP hazards - Answer- The purpose of a lead risk assessment is to? Elevated Blood Level - Answer- What does EBL mean? Ingestion of lead dust - Answer- How does lead primarily enter children's bodies? No, the elevated blood levels of 17ug/dL an...

Hawaiian Real Estate Module 3 Questions and Answers 100% Pass Mr. Juarez, a Spanish-American man, went to a real estate agency to rent a home. They placed him with a Spanish-speaking salesperson, who showed Mr. Juarez properties in Spanish-speaking areas only. Mr. Juarez asked about a house he had seen in a Caucasian neighborhood. The salesperson lied in telling Mr. Juarez that the property had already been rented. This is: A) Illegal discrimination based upon the company policy of placin...

Permanent abatement options include... : Paint removal, component removal, enclosure, encapsulation What agencies focus on childhood lead poisoning prevention? : CDPH, HUD, EPA What is the CAL OSHA Standard for lead? : Title 8 CCR 1532.1 What is the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing? : 1995 HUD Guidelines When was the revision to Chapter 7 of the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing enacted? :...

Module 3: Hawaii Pre-Licensing Real Estate Class Exam Questions and Answers 100% Pass 1) Mr. Juarez, a Spanish-American man, went to a real estate agency to rent a home. They placed him with a Spanish-speaking salesperson, who showed Mr. Juarez properties in Spanish-speaking areas only. Mr. Juarez asked about a house he had seen in a Caucasian neighborhood. The salesperson lied in telling Mr. Juarez that the property had already been rented. This is: A) Illegal discrimination based upon ...

EPA Lead Inspector Exam Questions With Answers 2024/2025 (100% Correct) Permanent abatement options include... - ANSWER-Paint removal, component removal, enclosure, encapsulation What agencies focus on childhood lead poisoning prevention? - ANSWER-CDPH, HUD, EPA What is the CAL OSHA Standard for lead? - ANSWER-Title 8 CCR 1532.1 What is the Guidelines for the Evaluation and Control of Lead Based Paint Hazards in Housing? - ANSWER-1995 HUD Guidelines When was the revision to Chapter 7 of t...