Ree3043 - Study guides, Class notes & Summaries

Private mortgage insurance (PMI) is, generally, required only on _____ loans with a loan-to-value ratios greater than ______ percent. Home; 80% Under the terms of a _________ mortgage, personal property items such as a range, refridgerator, and household furnishings are included in a home loan. Package 00:02 01:15 Fannie Mae and Freddie Mac were taken into..... conservatorship by the U.S. in 2008 The FHA Home Equity Conversion mortgage (HECM) program insures aga...

REE3043 EXAM 5 QUESTIONS WITH CERTIFIED ANSWERS A client has requested advice on a potential investment opportunity involving an income-producing property. She would like you to determine the internal rate of return of the investment opportunity based on the following information: expected holding period: years; end of first year NOI estimate: $113,900; NOI estimates in subsequent years will grow by 5% per year; price at which the property is expected to be sold at the end of year 5: $1,615,20...

REE3043 CHAPTER 2 QUESTIONS WITH REVIEWED ANSWERS Rules used by courts to determine whether something is a fixture include all except? Intention of the parties Manner of the attachment Law of capture Character of the article and manner of adaption Relation of the parties - Answer-Law of capture Which of these is a titled estate? Fee simple absolute Fee simple conditional Conventional life estate Legal life estate All of these - Answer-All of these While leasehold interests are conside...

REE3043 CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS REVISED AND UPDATED In considering the acquisition of real property, it is important to remember that certain factors may limit ownership rights. Which of the following is an example of a situation in which ownership rights can be fully removed from the property? -land use controls -leasehold interests -homeowner association (HOA) bylaws -defaulted lien - Answer-leasehold interests Given the following information, compute the effective t...

©THEBRIGHTSTARS 2024 A. IRR is 4.92%; decision is to invest. b. IRR is 4.92%; decision is to not invest. C. IRR is 5.72%; decision is to invest. D. IRR is 5.72%; decision is to not invest. - answerC To overcome the potential shortcomings of single-year decision-making metrics, many investors in real estate also perform multiyear discounted cash flow (DCF) valuation. DCF valuation differs from the single-year ratio analysis in all of the following ways except A. only with DCF must the in...

REE3043 Exam Questions With Correct Answers ___________ bring buyers and sellers together and earn a percentage of the contract price - answerbrokers Brokers and salesperson also do leasing such as office, retail, industrial and for apartments - answertrue _____________________ the first license one would obtain. can work a whole career without getting a broker's license - answersalesperson license salesperson splits commission with broker - answertrue When you have a salesperson licen...

REE3043 Exam 1 Questions With Revised Answers The value of something results from its - answerUtility and scarcity (classical economics) Urban economics - answerBranch of economics that extends the basic ideas of early neoclassical and classical economists to better understand and predict how humans use space. Focuses on urban problems like housing issues Institutions - answerFormal arrangements and associations that members of society make to support fundamental economics and social acti...

FSU REE3043 Final Exam2024 Correct Question and Answers The physical rights to real estate generally include all of the following, except: A. air rights B. mineral rights C. surface rights D. easement rights D. easement rights States which follow the traditional ownership-in-place concept: Recognize the ownership of oil and gas a part of land ownership Which of the following is NOT a test of the court used to resolving disputes about fixtures? A. The Annexation Test B. The Intent Test...

REE 3043 EXAM 1 WITH QUESTIONS AND ANSWERS ...

REE 3043 QUIZ 2 WITH QUESTIONS AND ANSWERS ...