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Bundle for Principles of Real Estate finance correctly Solved 2024 | 2025 (Champions School of Real Estate)

Bundle for Principles of Real Estate finance correctly Solved 2024 | 2025 (Champions School of Real Estate). Actual tests, SAE,

22 items

Real estate Investments champions Correctly Answered Latest Update

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Real estate Investments champions Correctly Answered Latest Update if you are holding undeveloped land, your goal as an investment is: - Answer -appreciation land is referred to as _____ because it can be seen touched - Answer -tangible Formaldehyde gas is: - Answer -Colorless Local governments...

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Real Estate Finance champion school test Questions and Correct Solutions 2024

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Real Estate Finance champion school test Questions and Correct Solutions 2024 Loan processing - Answer -The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision Underwriting - Answer -The process of evaluating a borro...

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Principles of Real Estate 2 Champions School of Real Estate test Correctly Answered 2024

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Principles of Real Estate 2 Champions School of Real Estate test Correctly Answered 2024 appraisal - Answer -appraisers opinion of value principal of contribution - Answer -the value if the property is equal to the sum if the contributory value of each of its component parts. loan to value rati...

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Principles of Real Estate Champions School of Real Estate 1 Exam with Correct Solutions 2024

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Principles of Real Estate Champions School of Real Estate 1 Exam with Correct Solutions 2024 3 Physical Characteristics of Land - Answer -Indestructibility or durability Immobility Non homogeneity Mortgage Lending - Answer -business of providing money to individuals or corporations for the co...

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Champions School of Real Estate - Real Estate Finance exam Correctly Answered 2024

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Champions School of Real Estate - Real Estate Finance exam Correctly Answered 2024 Loan-to-Value Ratio (LTV) - Answer -The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan ...

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RMLO - Champions School of Real Estate Questions and Correct Answers 2024

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RMLO - Champions School of Real Estate Questions and Correct Answers 2024 A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. - Answer -secondary market The Federal agency established to restore Fannie Mae a...

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Law of Agency - Champions School of Real Estate test with Verified Solutions 2024

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Law of Agency - Champions School of Real Estate test with Verified Solutions 2024 The principal is also known as - Answer -client fiduciary relationship - Answer -a relationship founded on trust and confidence Agency Relationship - Answer -Exists when one person (the agent) acts for, or on beha...

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Champion School of Real Estate-Law of Contracts with Correct Answers 2024

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Champion School of Real Estate-Law of Contracts with Correct Answers 2024 Texas Real Estate Commission - Answer -TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account - Answer -admini...

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Champions real estate finance Questions and Correct Answers Latest Update

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Champions real estate finance Questions and Correct Answers Latest Update _____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer -Closing The primary determinants of re...

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Champions real estate finance Correctly Answered 2024

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Champions real estate finance Correctly Answered 2024 mortgage Broker - Answer -Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer -Provide their own funds for the purpose of providing ...

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Champions real estate finance with Correct Solutions Latest

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Champions real estate finance with Correct Solutions Latest Loan-to-Value Ratio (LTV) - Answer -The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales ...

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Law of Contracts - Champions School of Real Estate Correctly Solved 2024

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Law of Contracts - Champions School of Real Estate Correctly Solved 2024 TERLA - Answer -- Texas Real Estate License Act - Created in 1939 TREC - Answer -- Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA Real Estate Center - Answer -- Located at Texas A&M University ...

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Champions School of Real Estate Marketing SAE with Correct Answers 2024

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Champions School of Real Estate Marketing SAE with Correct Answers 2024 Price - Answer -The most common reason a property fails to sell is __________. Marketing - Answer -Matching human needs with goods or services to meet those needs is the process of ____ agent - Answer -Problem solving is a ...

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Champions School of Real Estate - Exam Prep with Correct Solutions 2024

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Champions School of Real Estate - Exam Prep with Correct Solutions 2024 Buyer Representation Agreement - Answer -An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency - Answer -Agency as a result of customary, usual or typical conditions Broker - Answer -A p...

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Principles of Real Estate 2 Champion Questions and Correct Solutions 2024

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Principles of Real Estate 2 Champion Questions and Correct Solutions 2024 What does D.U.S.T. stand for? - Answer -Demand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - Answer -Loan to Value Ratio (LTV) the value of a property is ...

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Principles of Real Estate 2 Champion Questions and Correct Solutions 2024

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Principles of Real Estate 2 Champion Questions and Correct Solutions 2024 An opinion of value - Answer -The appraised value of a property is: assessed value - Answer -the amount that your local government determines your property to be worth for tax purposes subject property - Answer -The prope...

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Texas Real Estate Law - SAE Champions School Of Real Estate Correctly Answered 2024

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Texas Real Estate Law - SAE Champions School Of Real Estate Correctly Answered 2024 CERCLA Liability Rules - Answer -Hazardous Substance Liability 1. Owner 2. Prop Manager 3. Cleaner of the Facility Fair Credit Reporting Act - Answer -A federal law that established procedures that consumer-repo...

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Residential Inspection for Real Estate Agents - Champions School of Real Estate Questions and Correct Answers 2024

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Residential Inspection for Real Estate Agents - Champions School of Real Estate Questions and Correct Answers 2024 Deficiency - Answer -A ________, in the reasonable judgment of the inspector, is a condition that adversely and materially affects the performance of a system, or component. Inspe...

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Real Estate Finance I-CHAMPIONS Questions and Correct Answers Latest 2024

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Real Estate Finance I-CHAMPIONS Questions and Correct Answers Latest 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 - Answer -B _________ is the process of creating a new mortgage loan. ...

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Principles of real estate I (Champions) Questions and Correct Answers 2024

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Principles of real estate I (Champions) Questions and Correct Answers 2024 Subsurface rights - Answer -Rights that include ownership of oil, gas and other minerals Surface and air rights - Answer -Rights that are conveyed in a cell tower lease Improvement - Answer -Any permanent man-made additio...

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Real Estate Brokerage SAE - Champion's School of Real Estate Questions and Correct Solutions 2024

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Real Estate Brokerage SAE - Champion's School of Real Estate Questions and Correct Solutions 2024 Search Engine Optimization (SEO) - Answer -The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search ...

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champions school of real estate law of agency chapter quiz Questions and Correct Answers 2024

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champions school of real estate law of agency chapter quiz Questions and Correct Answers 2024 An agency relationship exists when one person, the ______________ acts for, or on the behalf of another person, the _____________________. - Answer -Agent, principal Which of the following is ground fo...

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