Per buyer formula - Study guides, Class notes & Summaries

Rockwell Real Estate Exam questions with correct answers Which of the following loans would be subject to the Truth In Lending Act? Correct Answer-A loan to a first-time home buyer Art sold his house, which was not encumbered with a mortgage. Closing expenses were $5,264, and he paid a commission of 7% of the selling price. He received a check at closing for $372,316. What did the house sell for? Correct Answer-$406,000 (100%-7%=93%). $337,580/ 0.93= $406,000. Frank gives Stella an option...

mgmt principles of managements Canadian - test banks, Chapter 2 Organizational Environments and Cultures MULTICHOICE 1. What are the two types of external organizational environments? (A) general and specific (B) public and private (C) global and national (D) organizational and interpersonal Answer : (A) 2. Which of the following environments affects all organizations? (A) the global environment (B) the national environment (C) the general environment (D) the formal environment Answer :...

45 Hour Post License Final Exam Questions & Answers 100% Correct!! If an appraisal falls short of the needed value to close the deal, one of four outcomes would result. Which one of the following is NOT one of those 4? The seller would raise the selling price in order to make up for the shortfall. Which of the following steps would not be common to complete a mail away closing? the agent would sign on the absent persons behalf Your buyers' lender tells you that your buyer will qual...

Exam Question Master 3 questions with correct and verified answers Insulation is rated by its ability to resist - heat flow A man successfully negotiated (and was paid for) the sale of a Federal Communications Commission license for a television station. He is NOT a licensed real estate broker or sales associate. The man - has not violated F.S. 475. Which statement is TRUE regarding the monthly payments on a 30-year, fully amortized loan? - Initially, interest is the larger portion of the...

Econ 248 Final Test Questions With 100% Correct Answers. The Heckscher-Ohlin theory predicts that trade between similar industrialized countries should - answerbe rather limited in volume. Scale economies are said to be present when - answeran increase in output leads to a decrease in average cost. Internal scale economies occur when - answerexpansion of output by a firm leads to greater specialization of labor. ________ is a market structure in which a large number of firms compete vigo...

CPCM 000 Final Exam Questions and Answers (Graded A) 2024 Data Sharing: (Can share Competitive Data with Retailers & Vendor partners can share it with me) Data Considerations: (Need to understand which measures are additive) Trends Analysis: (Can compare Quarterly data to understand Seasonality and Annual data for overall Trends) Data Significance: (Need to confirm if # of Buyers is large enough) -Answer-Panel Data guidelines % of Buyers in a particular Demographic Group -Answer-In the ...

"Caveat emptor" - let the buyer beware, buy at your own risk "Du'jour menu" - Off the day "Due out" - room is expected to become vacant after the following guest checks out "late arrival" - guests that advise they will be later than they agreed "late show" - a guest who arrives later than the agreed time "Launching stage" of family life cycle - when children leave their parents home to work, study, or start families of their own "occupied" - a guest is currently occupied in...

Which of the following loans would be subject to the Truth In Lending Act? Correct Answer-A loan to a first-time home buyer Art sold his house, which was not encumbered with a mortgage. Closing expenses were $5,264, and he paid a commission of 7% of the selling price. He received a check at closing for $372,316. What did the house sell for? Correct Answer-$406,000 (100%-7%=93%). $337,580/ 0.93= $406,000. Frank gives Stella an option to buy his house. Stella, as the optionee, is obligated t...

Residential Sales Comparison and Income Approaches Exam - Spring 2024, Answered A mortgage with equal payments for each period over the length of the loan is called a __________ loan. Standardized Equal rate Graduated payment Fixed rate The first step in the Sales comparison approach procedure is to research the market The COMPETENCY RULE of USPAP says an appraiser must have "the _______________________ to complete the assignment competently." Knowledge and experience The Sales Comparison Ap...

CPCM Final Exam (questions and answers) 2024 Data Sharing: (Can share Competitive Data with Retailers & Vendor partners can share it with me) Data Considerations: (Need to understand which measures are additive) Trends Analysis: (Can compare Quarterly data to understand Seasonality and Annual data for overall Trends) Data Significance: (Need to confirm if # of Buyers is large enough) - CORRECT ANSWER-Panel Data guidelines % of Buyers in a particular Demographic Group - CORRECT ANSWE...