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Principles of Real Estate 2 Bundle Package

Principles of Real Estate 2 Bundle Package

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Texas Principles of Real Estate 2 |224 questions with correct answers

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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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Champions Principles of Real Estate 2 questions with correct answers

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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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Principles of Real Estate 2 questions with correct answers

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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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PRINCIPLES OF REAL ESTATE 2 (TEXAS) questions with correct answers

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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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