Champions real estat - Study guides, Class notes & Summaries

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Texas Real Estate Exam Prep (From PearsonVUE And And Champions National Exam Prep)_Download
  • Texas Real Estate Exam Prep (From PearsonVUE And And Champions National Exam Prep)_Download

  • Exam (elaborations) • 25 pages • 2023
  • Texas Real Estate Exam Prep (From PearsonVUE And And Champions National Exam Prep)_Download
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CHAMPIONS REAL ESTATE FINANCE
  • CHAMPIONS REAL ESTATE FINANCE

  • Other • 16 pages • 2024
  • Federal National Mortgage Association (FNMA) known as, Fannie Mae - Answer-began in 1938 as an agency of the federal government In 1968, Fannie Mae became a privately owned and managed corporation Fannie Mae operates exclusively in the secondary market and provides support to mortgage lending institutions in the primary market. Freddie Mac is a federally chartered corporation established as the Federal Home Loan Mortgage Corporation (FHLMC) - Answer-in 1970 for the purpose of purchasing mortg...
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Champions Real Estate Finance Latest  Version Graded A+
  • Champions Real Estate Finance Latest Version Graded A+

  • Exam (elaborations) • 33 pages • 2024
  • Champions Real Estate Finance Latest Version Graded A+ Loan-to-Value Ratio (LTV) 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 Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage Covers more than one piece of property. Wraparound ...
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Champions real estate principles of real estate 1 in 2022 latest update
  • Champions real estate principles of real estate 1 in 2022 latest update

  • Exam (elaborations) • 7 pages • 2023
  • Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. immobility - correct answer It's a physical characteristic of land that cannot be moved ...
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Champions Real Estate Marketing SAE Questions And Answers.
  • Champions Real Estate Marketing SAE Questions And Answers.

  • Exam (elaborations) • 9 pages • 2023
  • Champions Real Estate Marketing SAE Questions And Answers.
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Champions Real Estate Exam: Law of Agency Study Questions 2024
  • Champions Real Estate Exam: Law of Agency Study Questions 2024

  • Exam (elaborations) • 55 pages • 2024
  • This person hires an agent - The Principal The agent works on behalf of this person - the client (principal) This type of agency allows for the greatest range of authority - Universal This is provided to the agent when there is written documentation that the agency relationship exists. - Express authority This is the most limited of all the agency relationships - Special agency This type of agency is created when a 3rd party believes that an agent has authority that has NOT been g...
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