Champions Study guides, Class notes & Summaries
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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Principles of Real Estate 1 - Champions School of Real Estate | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 16 pages • 2024
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a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in 
new home sales. This increase in sales is an example of the economic characteristic of 
A.) scarcity 
B.) Fixity 
C.) Situs 
D.) Modification - D.) Modification 
The supply of Real Estate is affected by 
A.) Land cost 
B.) Building codes 
C.) Government regulations 
D.) All of these - D.) All of these 
The least important factor affecting demand for real estate is: 
A.) Population Growth 
B.) Per...
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Texas Principles Practice Exam 1 Questions & Answers - Champions School of Real Estate.
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Texas Principles Practice Exam 1 Questions & Answers - Champions School of Real Estate.
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Texas Principles of Real Estate 2 - Champions Exam Questions with correct Answers
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appraisal - ANSWER-defined as an appraiser's opinion of value. 
 
Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. 
 
Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. 
 
Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. 
 
Principle...
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Residential Inspection for Real Estate Agents - Champions School of Real Estate Exam Questions With Complete Solutions.
- Exam (elaborations) • 32 pages • 2023
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Residential Inspection for Real Estate Agents - Champions School of Real Estate Exam Questions With Complete Solutions.
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Champions Real Estate Exam: Law of Agency | 286 Questions and Answers | Updated 2023-2024
- Exam (elaborations) • 54 pages • 2023
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Champions Real Estate Exam: Law of Agency | 286 Questions and Answers | Updated 2023-2024
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CHAMPIONS PROMULGATED CONTRACT FORMS TEST
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CHAMPIONS PROMULGATED CONTRACT FORMS TEST
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Champions Real Estate Finance | 188 Questions and Answers 100% Correct
- Exam (elaborations) • 20 pages • 2023
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Champions Real Estate Finance | 188 Questions and Answers 100% Correct
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RMLO - Champions School of Real Estate| 109 questions with 100% correct answers
- Exam (elaborations) • 12 pages • 2023
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A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. 
secondary market 
 
 
 
The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. 
Federal Housing Finance Agency (FHFA) 
 
 
 
The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. 
Gov't. National Mortgage Association - Ginnie Mae 
 
 
 
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Real Estate Finance I-CHAMPIONS| 60 questions and answers
- Exam (elaborations) • 23 pages • 2023
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Real Estate Finance I-CHAMPIONS| 60 questions and answers
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