Vacant land is land - Study guides, Class notes & Summaries

- A vacant urban lot - An infill redevelopment opportunity - An urban lot with structure - A vacant rural lot - A rural lot with structure - correct answer What are the 5 types of properties a buyer might consider when choosing to build a new home? To provide additional housing stock by using existing services rather than developing vacant land in outlying areas that are not serviced. - correct answer What is the aim of "Intensification"? The process of developing vacant or under...

What are the 5 types of properties a buyer might consider when choosing to build a new home? CORRECT ANSWER - A vacant urban lot - An infill redevelopment opportunity - An urban lot with structure - A vacant rural lot - A rural lot with structure What is the aim of "Intensification"? CORRECT ANSWER To provide additional housing stock by using existing services rather than developing vacant land in outlying areas that are not serviced. What is an 'Infill Redevelopment'? CORRECT ANSW...

Solution Manual for Real Estate Finance And Investments 17th International Edition by Jeffrey Fisher William B. Brueggeman-Question 1-1 What is the difference between real property and personal property? Real property refers to the ownership rights associated with realty. Realty refers to land and all things permanently attached. Personal property refers to ownership rights associated with personalty. Personalty are all things, tangible, intangible that are movable. This includes all things...

Real Estate Appraisal: SAE Fundamentals 2023 Rated 100% Correct The appraisal process requires that the appraiser collect, record and verify -ANS- data on the region, city and neighborhood when choosing comparable sales for the sales comparison approach, property characteristics that should be identical or very similar to those of the subject property include the -ANS- size of lot & building, ager of building and type of construction, number and type of rooms one method of compensation ...

Real Estate Practice Questions 2024.In contrast to land that has buildings on it, vacant land is ______. - ANSWER Harder to finance Camille is a young, ambitious professional who works downtown. Which of the following new construction properties would probably be of most interest to her? - ANSWER City condo Bessie is a(n) ______ buyer who focuses on distressed properties and deep discounts. She often pays with cash - ANSWER Investor Owning a condo on a golf course is Tom's goal, and Er...

WISCONSIN REAL ESTATE EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS A seller signs a listing contract with a firm. Who is the agent and who is the principal? ______________ The seller is the principal. The firm is the agent. A buyer asks a listing agent to draft an offer. The buyer does not sign a buyer agency agreement. Is the buyer a customer or a client? The buyer is a customer. What kind of agency is a firm practicing if the firm represents just one party in the transaction? Singl...

REE 4103 EXAM 2 BLISS QUESTIONS WITH VERIFIED ANSWERS To estimate its market value, the land under an improved property is best compared to sales of vacant land that Have the same or similar highest and best use Have the same type of building on them (after the sale) Show the maximum value for the subject property Show the minimum value for the subject property - Answer-Have the same or similar highest and best use Price per front foot is a physical unit of comparison not as accu...

The local utility company dug up Cameron's garden to install a natural gas line. The company claimed it had a valid easement and proved it through the county records. Cameron claimed the easement was not valid because he did not know about it. The easement - was valid even though the owner did not know about it Tommy owns 4.5 acres of land for which he paid $200,000. Ken owns the lot adjacent to Tommy; and needs room to build a chicken shed on his property, and wants to buy a strip of Tomm...

BA Principles Final Exam Review with Verified Answers (Graded A) |Latest 2024/2025 What is a corporation or trust that functions like a mutual fund for real estate, by combining the capital of many investors to acquire real estate? a. General partnership b. Land trust c. Syndication d. REIT ️ d. REIT The federal financial institutions regulatory agencies directly involved in fair lending include all of the following EXCEPT: a. Fannie Mae b. FDIC c. OCC d. FRB ️ a. Fannie Mae The...

hich type of payment is made at the end of the term for a balloon mortgage? - Lump sum Noah owns an LLC that buys and sells stocks on the NASDAQ 100. He needs some additional financing. To which type of lending institution might he prefer to go? - Investment Group Victor buys a property from Yolanda for $200,000. Using a land contract, Victor agrees to pay Yolanda in monthly installments of $4,000 over the course of 50 months. Until Victor pays Yolanda the $200,000, who retains the title?...