Real estate finance aypo - Study guides, Class notes & Summaries

Real Estate - AYPO practice final exam Questions And Answers *A real estate agent walked through a client's house. He noted 4 things: side yard is not maintained, the lock on the back door doesn't effectively latch, support beams in the basement are discolored and have some cracks, and some of the linoleum tiles in the kitchen are loose. Which of these items should he suggest to be professionally inspected? - ANS the support beams in the basement *if the total cost of the loan is pa...

Real estate has been estimated to represent approximately - one-half of the world's total economic wealth. The buyer's ability to finance the property is an important, if not the -------, contingency in most residential transactions, and a significant driver in the entire real estate-based economy. - primary Texas is a: a. Lien Theory b. Title Theory - a. Lien Theory Lien Theory - In lien theory states such as Texas, the security for a mortgage is a lien placed on the property, whi...

Which of these is not among the generally reliable market source for home finance? - ANSWER-Inheritance An amortized loan is best described by which of the following? - ANSWER-One that is paid off with a fixed schedule in regular installments over time. Which of these is not one of the four phases of the real estate cycle? - ANSWER-Demand Investment products (such as securities) are purchased and/or exchanged in the: - ANSWER-1. Primary market 2. Secondary market Which of these fina...

Real Estate - AYPO practice final exam *a real estate agent walked through a client's house. he noted 4 things: side yard is not maintained, lock on back door doesn't effectively latch, support beams in the basement are discolored and has some cracks, and some of the linoleum tiles in the kitchen are loose. Which of these items should he suggest to be professionally inspected? - ANS the support beams in the basement *if the total cost of the loan is paid off in a set of sche...

AYPO Real Estate_ Real Estate Finance Final Exam Review WITH 100- SURE ANSWERS