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Principles of Real Estate 2 Bundle Package
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[Show more]Amortization CORRECT ANSWER The liquidation of a financial obligation on an installment basis; also, recovery over a period of cost or value. 
 
Area CORRECT ANSWER Two dimensional surface of an object 
 
Interest and how its calculated CORRECT ANSWER Total loan value * interest rate = Total Interes...
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Add to cartAmortization CORRECT ANSWER The liquidation of a financial obligation on an installment basis; also, recovery over a period of cost or value. 
 
Area CORRECT ANSWER Two dimensional surface of an object 
 
Interest and how its calculated CORRECT ANSWER Total loan value * interest rate = Total Interes...
4x sold
appraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report CORRECT ANSWER exterior only/drive by...
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Add to cartappraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report CORRECT ANSWER exterior only/drive by...
how to calculate interest CORRECT ANSWER yearly interest=interest rate (%) X principal 
use a T chart with interest and total of loan on bottom 
 
mortgage lending activities CORRECT ANSWER origination, loan processing, underwriting, close, fund 
 
origination CORRECT ANSWER the process of creating ...
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Add to carthow to calculate interest CORRECT ANSWER yearly interest=interest rate (%) X principal 
use a T chart with interest and total of loan on bottom 
 
mortgage lending activities CORRECT ANSWER origination, loan processing, underwriting, close, fund 
 
origination CORRECT ANSWER the process of creating ...
Appraiser must be aware of? CORRECT ANSWER market cycles economic force political actions 
 
The principle of appraisal that states "value is influenced by the cost of acquiring a comparable replacement" is: CORRECT ANSWER principle of substitution 
 
The presence of a higher-priced property in an...
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Add to cartAppraiser must be aware of? CORRECT ANSWER market cycles economic force political actions 
 
The principle of appraisal that states "value is influenced by the cost of acquiring a comparable replacement" is: CORRECT ANSWER principle of substitution 
 
The presence of a higher-priced property in an...
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