Va real estate final exam - Study guides, Class notes & Summaries
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Real Estate Finance I-Champions Final Exam 2024
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Real Estate Finance I-Champions Final 
Exam 2024 
The minimum downpayment on a VA loan is: 
(a) 2% of the sales price 
(b) 0% of the sales price 
(c) 3.75% of the sales price 
(d) 1% of the sales price - CORRECT ANSWER-B 
_________ is the process of creating a new mortgage loan. 
(a) Origination 
(b) Funding 
(c) Underwriting 
(d) Servicing 
* - CORRECT ANSWER-A 
A veteran can have more than one VA loan: 
(a) If the prior VA loan was paid in full and the property disposed of 
(b) The prior VA l...
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Real estate class final exam(2023- 2024)With complete updated solution Which of the following cannot be a trustee? - answerCPA The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property -
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Real estate class final exam(2023- 
2024)With complete updated solution 
Which of the following cannot be a trustee? - answerCPA 
The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property - answer100%-20%= 80% 
$2,700/3%= $90,000 
90,000/80%= $112,500 
A method of legal description that uses definite property lines and starting points is called? - answerFormal metes and bounds 
The seller wants to net $175, 000 after paying a 6...
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Virginia Real Estate National Exam 2023-2024 Questions and Answers 100% Correct
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Virginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% CorrectVirginia Real Estate National Exam 2023-2024 Questions and Answers 100% Correct 
 
(virginia time share act) For an initial purchaser, there is a _________day right of rescission. Meanwhile, a buyer has a 5-day right of rescission in a time share resale. - ANSWER...
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VA Real Estate Final Exam Complete Questions And Answers 2023/2024
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VA Real Estate Final Exam Complete Questions And Answers 2023/2024 
 
VA Real Estate Final Exam Complete Questions And Answers 2023/2024
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VA Real Estate Final Exam 2024 with 100% correct answers
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According to the VRLTA, a copy of the written rental agreement must be provided to the tenant within ______________ of the agreement's effective date. correct answersOne month 
 
In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? correct answersWithin one month of the agreement's effective date 
 
Which of the following is a task that a licensee could perform for a customer in a transaction? correct answersProviding the opposing party with ...
Too much month left at the end of the money?
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VA Real Estate Final Exam 2024 with correct answers
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According to the VRLTA, a copy of the written rental agreement must be provided to the tenant within ______________ of the agreement's effective date. 
One month 
 
 
 
In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? 
Within one month of the agreement's effective date
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VA Real Estate Final Exam questions with correct answers
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According to the VRLTA, a copy of the written rental agreement must be provided to the tenant within ______________ of the agreement's effective date. CORRECT ANSWER One month 
 
In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? CORRECT ANSWER Within one month of the agreement's effective date 
 
Which of the following is a task that a licensee could perform for a customer in a transaction? CORRECT ANSWER Providing the opposing party with ...
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Real Estate Finance and Investments 15th Edition By Brueggeman - Test Bank
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CHAPTER 3 
Mortgage Loan Foundations: The Time Value of Money 
 
TRUE/FALSE 
 
1.	In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 
 
2.	One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 
 
3.	At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 
 
4.	The future value of $800 deposited ...
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VA Real Estate Final Exam Questions and Answers(RATED A+)
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In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? - ANSWER-Within one month of the agreement's effective date 
 
Which of the following is a task that a licensee could perform for a customer in a transaction? - ANSWER-Providing the opposing party with signed copies of paperwork 
 
Erin, a contractor and licensee, is selling one of a group of homes she built this year. Which of the following is true about her disclosure responsibilities? - A...
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Real estate class final exam(2023 updated)question and answers rated A+
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Real estate class final exam(2023 updated)question and answers rated A+ Which of the following cannot be a trustee? - correct answer CPA 
 
The discount points are 3%, which represents $2,700. The buyer down payment is 20%. What is the purchase price of the property - correct answer 100%-20%= 80% 
$2,700/3%= $90,000 
90,000/80%= $112,500 
 
A method of legal description that uses definite property lines and starting points is called? - correct answer Formal metes and bounds 
 
The seller wants t...
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