Hud home ownership - Study guides, Class notes & Summaries

HUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED AHUD (Home ownership) EXAM Q&A RATED A

If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? A. 1 month B. 2 months C. 3 months D. 4 months - C. 3 months An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for three months after the inquiry or application. During this time, the company ...

HUD Housing Counselor Certification Practice Questions and Answers 100% Pass What is the maximum percent of area median income allowable for a household to qualify for a Housing Choice Voucher? - Correct Answer ️️ -50% Which is the maximum recommended housing ratio for renting an apartment? - Correct Answer ️️ -30% Eligibility requirements for down-payment assistance programs include which factors? - Correct Answer ️️ -Income, home-buyer education, purchase price The client i...

HUD Certification Exam Questions and Answers 100% Pass Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease - Correct Answer ️️ -Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reac...

BASIC APPRAISAL PROCEDURES MCKISSOCK EXAM WITH COMPLETE QUESTIONS AND CORRECT ANSWERS ground rent capitalization method - Answer-estimating land value applied by capitalizing ground rent at a market-derived rate Uniform appraisal dataset - Answer-standardized reporting requirements used in residential mortgage lending appraisal reports manufactured home - Answer-factory built house manufactured under the Fed Manufactured home Construction and safety standards act of 1976 modular home ...

NJ Real Estate Exam Questions According to New Jersey License Law, A licensee who wants to sell property that the licensee owns MUST? a) list the same property with another licensee in the same office b) disclose the ownership interest in any advertisement of the property c) disclose the ownership interest in any notice submitted on the listing to the MLS d) disclose in the contract of sale that the seller holds a New Jersey Real Estate license d. disclose in the contract of sale that th...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

HUD Housing Counselor Module- Avoiding Foreclosure Exam Questions and Answers 100% Pass Which of the following did NOT contribute to the increase in foreclosure rates during the mortgage crisis? - Risky loan products with features like negative amortization - Homeowners paying off mortgages early - Aggressive marketing of Home Equity Line of Credits (HELOC) - Using teaser rates to qualify more borrowers - Correct Answer ️️ -Homeowners paying off mortgages early This program made it ...

If a borrow is on the DO NOT CALL LIST and makes an inquiry about doing business with you in regards to a loan, when does right to contact them expire? A. 1 month B. 2 months C. 3 months D. 4 months - Answer-C. 3 months An established business relationship with a company also will be created if you make an inquiry to the company, or submit an application to it. This kind of established business relationship exists for three months after the inquiry or application. During this time, the ...

manufactured home - ANSWER aka mobile home or trailer. personal property that becomes real property when hitch and axles are removed, home is permanently attached and DMV title is canceled. Built to federal HUD building codes. Y3 modular home - ANSWER never movable by itself; always real property once it has been assembled. Built to NC state building codes. Y3 fructus naturales - ANSWER "fruits natural" naturally occurring vegetation that does not require annual planting and cultivation ...