Real 4000 Study guides, Class notes & Summaries

clustering - examples: apparel stores in a mall or any business where customers like to comparison-shop raw land - land that does NOT include structures or any improvements role of government in real estate - - local govt has the most influence - state govt has the least effect - national govt also has significant impact how is the term "real estate" used? - 1. used to identify tangible assets of land/buildings 2. used to denote the bundle of rights associated w/ ownership of assets 3....

REAL 4000 UGA Test 1 | Latest Update | 2024/2025 | Graded A+ What is the definition of real estate? Real estate refers to land and anything permanently attached to it, including buildings and improvements. What is the role of a real estate agent? A real estate agent assists clients in buying, selling, and renting properties. What does market value mean in real estate? Market value is the estimated amount for which a property should sell on the open market. What is a mor...

REAL 4000 UGA Test 1 | Questions And Answers Latest {} A+ Graded | 100% Verified

1 square mile (acres) - 640 acres 1. limited in time 2. right of disposition 3. no titled interests - how do leasehold estates differ from freehold estates? 1. location monopoly 2. externalities 3. incomplete information - what is the economic basis for government regulation of real estate 1. mortgage 2. financial crisis 3. recession - 3 phases of 2007 collapse 1. user market 2. financial/capital market 3. government sector - Which markets is real estate influenced by? 3 ways to des...

REAL 4000 UGA Dietz Final Exam | Latest Update | 2024/2025 | 100% Verified What is investment value in real estate? Investment value refers to the value of a property to a particular investor based on individual investment criteria and objectives. What is the purpose of a property tax assessment? A property tax assessment determines the value of a property for the purpose of calculating property taxes. What is a capitalization rate? The capitalization rate is used to estimate...

UGA REAL 4000 EXAM 4 Dietz | Latest Update | 2024/2025 | 100% Verified What is a contingency clause in a real estate contract? A contingency clause specifies conditions that must be met for the contract to be binding, such as securing financing or completing a home inspection. What does earnest money signify in a real estate transaction? Earnest money is a deposit made by the buyer to demonstrate seriousness about purchasing the property. What is real estate syndication? Real e...

Mortgage bankers are highly leveraged - Very sensitive to disruptions in the loan making and selling pipeline and can fail in days Alt-A loans - Conventional loans with less stringent underwriting requirements higher LVT lower credit scores reduced documentation of income or assets Somewhere in between conventional and subprime in terms of quality. Commercial banks - Depository lenders that typically made business-related real estate loans and only home loans for business clients. They ...

_______ leverage will ________ expected return when the investor's rate of return WITHOUT leverage exceeds the cost of debt - increased, increase -as long as each borrowed dollar is earning a greater return than it cost, the net difference goes to the owner, enhancing the equity return -also increases risk "Commercial" Mortgage Loans vs. Home Loans - commercial aren't as standardized, documents are longer and more complex, often no personal liability *Note, these are the same assumpti...

REAL 4000 UGA Dietz Exam 1 Study Review | Latest Version | 2024/2025 | Rated A+ What is the primary function of a real estate market analysis? To evaluate the demand and supply conditions for a specific property or type of real estate in a particular area. How do externalities impact property values in real estate? Externalities, such as nearby amenities or negative factors like pollution, can either increase or decrease property values based on their influence on desirability. ...

REAL 4000 Exam 2 LCPQ Questions and Answers | Latest Version | 2024/2025 | 100% Pass What is adverse possession in real estate law? Adverse possession is a legal principle allowing someone to claim ownership of land after occupying it openly and continuously for a certain period without the owner’s permission. What is a promissory note? A promissory note is a written agreement in which a borrower promises to repay a loan under specified terms. What is joint tenancy? Joint ...