Ree 3043 exam 3 questions - Study guides, Class notes & Summaries

REE 3043 EXAM 1 CURCIO QUESTIONS WITH REVISED AND UPDATED ANSWERS What two elements are involved in every real estate investment decision? - Answer- Initial cost and value of future benefit Approximately what portion of U.S. households owns their own home? - Answer- Approximately 2/3 A neighborhood association was formed to improve the community. They built parks, bike paths, landscaped the entrance and invited entertainers to perform at the 4th of July celebrations. All of this has ...

REE 3043 EXAM 1 QUESTIONS WITH REVIEWED ANSWERS Functional Obsolescence - Answer-An older design and the building doesn't function in such a way maintain value Cost approach - Answer-Can you determine the cost to replace reproduce any type of property Fully Amortized Mortgage - Answer-Periodic payments that are sufficient enough to cover the entirety of the loan and the entirety of the interest by the end of the term Interest only loan - Answer-Making payments toward only the interest...

©THEBRIGHTSTARS 2024 REE 3043 EXAM 1 Questions With Revised Answers When viewed as a tangible asset, real estate can be defined as the land and its permanent improvements. Improvements on the land include: a. fences b. sewer systems c. walkways d. streets - answerfences Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset? a. Land b. Building c. Motor home d. Mortgage - answerMortgage When t...

REE 3043 Exam Questions With Correct Answers Portfolio Manager - answerAdvise. Asset acquisition, renovation, sale decisions affect owner's portfolio.;Asset Manager - answerAnalyze. Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect asset's price or expected return. Property investment values or expected returns. Hiring property manager. Maintenance and prop conditions;Property Managers - answerThe day to day operations of the assets. Rent collection...