Freddie mac 2024 exam - Study guides, Class notes & Summaries

Florida Real Estate Exam Questions With Complete Solutions Latest 2024 (GRADED A+) Samuel wants to do a 1031 exchange. He sold his investment property and has identified the property he'd like to buy next. Within how many days must he close on this property in order for it to qualify as part of the exchange? a. 180 b. 30 c.45 d.60 a. He has 45 days to identify a property he would like to purchase and 180 days to close on it, from time of sale. In which form of co-ownership is a person'...

exas Principles of Real Estate 2 Final Exam| Questions and Verified Answers| Grade A| LATEST 2023/ 2024 Update QUESTION Any financial institution with deposits that are insured by a federal government agency can sell mortgages to which institution? Answer: Freddie Mac (FHLMC) QUESTION Appraiser Jamie is looking past how a property is being used to determine a higher value. What is Jamie determining? Answer: Highest and best use QUESTION Appraiser ...

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 An opinion of value - answerThe appraised value of a property is: assessed value - answerthe amount that your local government determines your property to be worth for tax purposes subject property - answerThe property that is being appraised. ad valorem - answeraccording to value Principle of Conformity - answerMaximum value is found when there is a reasonable degree of similarity or homogeneity USPAP (Uniform Sta...

HUD Housing Counselor Module 4.1 & 4.2 Exam Questions & Answers 2023/2024 A potential homebuyer with a minimal savings for a down payment and a low credit score is most likely to qualify for which mortgage? - United States Department of Agriculture (USDA) - Federal Housing Administration (FHA) - Fannie Mae - Freddie Mac - ANSWER-Federal Housing Administration (FHA) Which is the most significant benefit of using a real estate agent? - Marketing the home online - Obtaining a home i...

Champions School Of Real Estate Finance Exam 2024 Tested And Verified A home equity loan available to homeowners over 62 years of age - the lender makes payments to the borrower based on the equity in the property - the loan comes due upon the sale of the property or the death of the owner. - Reverse Annuity Mortgage A loan with an interest rate tied to a readily available index - the rate will be adjusted periodically causing payment changes. - Adjustable Rate Mortgage (ARM) The refu...

PrepAgent Exam Questions With 100% Correct Answers 2024/2025 For the past 30 years, the Ls have operated a neighborhood grocery store. Last week the city council passed a zoning ordinance that prohibits packaged food sales in the area where the Ls' grocery store is located. The store is now an example of a/an: A) nonconforming use. B) variance of the zoning laws. C) violation of eminent domain. D) illegal enterprise. - answerA) nonconforming use. Explanation: This is an example of "g...

Texas Real Estate Finance Exam Study Guide with Complete Solutions The _______ market refers to the selling and purchasing of closed real estate mortgage loans. - Answer️️ -secondary The secondary market is a national market in which mortgages secured by real estate in all parts of the United States are ______ ____ _______. - Answer️️ -bought and sold Secondary market agencies have two main activities: 1) ___ _____ and 2) ______ ________ ________ _______. - Answer️️ -buying lo...

PrepAgent Exam Questions With 100% Correct Answers 2024/2025 For the past 30 years, the Ls have operated a neighborhood grocery store. Last week the city council passed a zoning ordinance that prohibits packaged food sales in the area where the Ls' grocery store is located. The store is now an example of a/an: A) nonconforming use. B) variance of the zoning laws. C) violation of eminent domain. D) illegal enterprise. - answerA) nonconforming use. Explanation: This is an example of "g...

NMLS Flashcards 2024 Questions and Answers Graded A+ -AfBA/ABA stands for? -What is it? -Affiliated Business Arrangement -If referring client to another business of yours (1%) then you must disclose ASAP Other ways to say "Doc Signing" -Loan consummation -Loan Settlement -Loan Closing Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:11 / 0:15 Full screen What is an escrow account? -account holding money for insurance...

Azure Tide Real Estate Exam 1 (2023-2024) | Questions and Complete AnswersAzure Tide Real Estate Exam 1 (2023-2024) | Questions and Complete AnswersAzure Tide Real Estate Exam 1 (2023-2024) | Questions and Complete AnswersAzure Tide Real Estate Exam 1 (2023-2024) | Questions and Complete Answers Which group is responsible for the preparation of the comprehensive plan or plan amendment? - ANSWER- The Planning Commission Advertising that discriminates against people based on ________ is prohib...