Real 4000 uga - Study guides, Class notes & Summaries

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REAL 4000 UGA Test 1 | Latest Update | 2024/2025 | Graded A+ What is the definition of real estate? Real estate refers to land and anything permanently attached to it, including buildings and improvements. What is the role of a real estate agent? A real estate agent assists clients in buying, selling, and renting properties. What does market value mean in real estate? Market value is the estimated amount for which a property should sell on the open market. What is a mor...

clustering - examples: apparel stores in a mall or any business where customers like to comparison-shop raw land - land that does NOT include structures or any improvements role of government in real estate - - local govt has the most influence - state govt has the least effect - national govt also has significant impact how is the term "real estate" used? - 1. used to identify tangible assets of land/buildings 2. used to denote the bundle of rights associated w/ ownership of assets 3....

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Mortgage bankers are highly leveraged - Very sensitive to disruptions in the loan making and selling pipeline and can fail in days Alt-A loans - Conventional loans with less stringent underwriting requirements higher LVT lower credit scores reduced documentation of income or assets Somewhere in between conventional and subprime in terms of quality. Commercial banks - Depository lenders that typically made business-related real estate loans and only home loans for business clients. They ...

REAL 4000 UGA Dietz Exam 1 Study Review | Latest Version | 2024/2025 | Rated A+ What is the primary function of a real estate market analysis? To evaluate the demand and supply conditions for a specific property or type of real estate in a particular area. How do externalities impact property values in real estate? Externalities, such as nearby amenities or negative factors like pollution, can either increase or decrease property values based on their influence on desirability. ...

REAL 4000 UGA Test 1 | Questions And Answers Latest {} A+ Graded | 100% Verified

REAL 4000 UGA TEST 3 QUESTIONS AND ANSWERS | LATEST UPDATE | 2024/2025 | GRADED A+ What is a contingent offer in real estate? A contingent offer is an offer to purchase a property that is dependent on certain conditions being met, such as securing financing or passing an inspection. What is principal in the context of a mortgage? Principal refers to the original amount of the loan that needs to be repaid, excluding interest. What is net operating income (NOI)? Net operating i...