Reo property - Study guides, Class notes & Summaries

Congress created the Federal Housing Administration in - ANSWERS1934 In order to qualify for exemption from capital gains, the property must have been the primary residence for two of the previous ___ years - ANSWERS5 years A loan with no discount points is known as a - ANSWERSPar loan What is Fiat money - ANSWERSCurrency that is not backed up by any precious metals At the treasury level, funds can be raised to pay for government spending by increasing borrowing and _____ - ANSWERSRa...

Aceable Agent Principles of Real Estate 2 Exam Practice Test Questions & Correct Answers What is investment gain? - ANSWER an increase in property value due to active and purposeful developments or improvements Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is revealed that there were unknown liens attached to the title. What is TRUE of this situation? - ANSWER Any problems that arise after policy purchase are not covered. Whi...

BOMI - Asset Management Exam Practice Questions and Answers | 100% Pass To garner more from the sale of the property, the asset manager is recommending to the owner that that he improve the property's urban appeal. The owner can accomplish this by doing all of the following except. A. Upgrade the landscape areas B. Ensure the lighting works C. Repaint the building D. Improve signage - Answer️️ -B. Ensure the lighting works Triana prefers the accrual basis accounting approach becau...

What is investment gain? - ANSWERSan increase in property value due to active and purposeful developments or improvements Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is revealed that there were unknown liens attached to the title. What is TRUE of this situation? - ANSWERSAny problems that arise after policy purchase are not covered. Which of the following is an example of something that would be listed on a Closing Disclosure as a credit...

Unit 5: Specialization 100% guaranteed success. REO - correct answer. a lender-owned property that failed to sell at foreclosure for at least the amount owed by the borrower A sales agent wants to become competent in commercial leasing. Knowledge of which of the following is important? - correct answer. local zoning laws What is a basic requirement to legally participate in property auctions? - correct answer. must be licensed as an auctioneer What type of desig...

Can a non-licensed individual who is an employee of a licensed real estate property manager do any of the following items, even if the property manager signs a paper delegating their authority to a non-licensed office staff person? 1. Negotiate rental of lease agreements? 2. Check tenant and credit references? 3. Physically maintain the real estate? 4. Conduct tenant relations? 5. Collect the rent? 6. Supervise the premises' managers? 7. Discuss financial matters relating to the management of t...

What is investment gain? - ANSWERSan increase in property value due to active and purposeful developments or improvements Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is revealed that there were unknown liens attached to the title. What is TRUE of this situation? - ANSWERSAny problems that arise after policy purchase are not covered. Which of the following is an example of something that would be listed on a Closing Disclosure as a credit...

Aceable Agent Principles of Real Estate 2 Practice Test 2023/2024 What is investment gain? - ANSWER-an increase in property value due to active and purposeful developments or improvements Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it is revealed that there were unknown liens attached to the title. What is TRUE of this situation? - ANSWER-Any problems that arise after policy purchase are not covered. Which of the following is an example ...

Principles of Real Estate 2 Practice Test Aceable Questions With 100%Verified AnswersA+GRADED REO - correct answer...What term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - correct answer...A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to i...

AYPO Real Estate Principles of Real Estate II Exam Study Guide 2024 If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A) -Answer-270 square feet An applicant is allowed to use what electronic devices during the real estate exam? - Answer-Hand-held calculator Convert the following fraction to a decimal for ease of computation: 31/25 -Answer-1.24 What is the general formula to determine Capital ...