Ree 3043 quiz 4 - Study guides, Class notes & Summaries

REE 3043 QUIZ 4 TEST LATEST UPDATE ...

Different financing requirements usually are involved in the various phases of a property's life. Which of the following types of loans is used to finance improvements to the land, such as sewers, streets and utilities? A. Bridge loans B. Land development loans C. Land acquisition loans D. Construction loans ️: B. Land Development Loans An interest-only balloon mortgage loan is commonly referred to as a(n): A. Land acquisition loan B. Mini-perm loan C. Bullet loan D. Mezza...

REE 3043 Quiz 4 Exam Questions With Correct Answers Different financing requirements usually are involved in the various phases of a property's life. Which of the following types of loans is used to finance improvements to the land, such as sewers, streets and utilities? A. Bridge loans B. Land development loans C. Land acquisition loans D. Construction loans - answerB. Land Development Loans An interest-only balloon mortgage loan is commonly referred to as a(n): A. Land acquisition...

REE 3043 Quiz 1 Ch 1 – 4 Questions with complete solutions

REE 3043 Quiz 4

Which is NOT a method the federal government uses to influence the real estate market? through fair housing laws. by granting housing subsidies through income tax incentives. by regulating building codes. Correct Answer-by regulating building codes. Real estate markets differ from other asset classes by having all of the following characteristics except: High transaction costs. Integrated market. Heterogeneous product. Local market. Correct Answer-Integrated mark...

REE 3043 Exam 1 Quiz Questions And Answers 100% Pass When viewed as a tangible asset, real estate can be defined as the land and its permanent improvements. Improvements on the land include: A. Fences B. Streets C. Sewer systems D. Walkways - answerA. Fences Real estate is property, which can either be a tangible or intangible asset. Which of the following would be considered and intangible asset? A. Motor home B. Mortgage C. Land D. Building - answerB. Mortgage When the value of l...