Exam (elaborations)
Texas Principles of Real Estate 2 - Champions Exam Questions with correct Answers
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appraisal - ANSWER-defined as an appraiser's opinion of value. Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acq...
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