Real estate 306 exam 2 - Study guides, Class notes & Summaries

Real Estate 306 Final Exam; Questions and Answers 100% Correct 3 approaches to value Correct answer-1. sales comparison (market) approach 2. cost approach 3. income approach sales comparison (market) approach Correct answer--value of RE can be determined by analyzing the sale prices of similar properties -in a competitive market, close substitutes should sell for similar prices -difficulty: how many truly close substitutes exist & how many of these have sold recently? -"one price"...

Real Estate 306 Exam 2 Questions With Correct Answers The action of taking possession of a mortgaged property when the mortgagor fails to keep up their payments - answerForeclosure A claim or legal right against assets that are typically used as collateral to satisfy a debt - answerLien a non-binding financing commitment - answerTerm Sheet A loan committee that consists of upper management of a lending institution with the authority to approve loans that the initial loan officer does not...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Exam 2 Questions With Correct Answers Police Power - answerright of government to enact laws to protect the general health, welfare, and safety of public Federal Reserve - answersets a target range to keep healthy level of unemployment and inflation to avoid swings in the economy Federal Funds Rate (FFR) - answer- The average rate that banks pay when borrowing from each other overnight. - influences interest rates that b...

Real Estate 306 Final Exam Q&A with 100% Accurate Solutions | 2024/2025 Market where tenants negotiate rent and other terms with property owners as their managers is: - the user market market in which required rates of return on available investment opportunities is: - the capital market the actions of local, state and federal governments affect real estate values: - through user markets, capital markets and taxation what portion of households own their house? - 2/3 which asset category...

Real Estate 306 Exam 1 Q&A with Complete solutions | Already Passed Real Estate - An asset class, Land improvements on any land and improvements on it (use of leverage, inflation hedge, tangible asset, depreciates, 1031 Exchange) Real Estate as an Asset - Holds value and falls under PPE How much does Real Estate make up of the US GDP? - 25% How many jobs does RE create for AMericans? - 9 million How much government revenue is generated from Real Estate - 70% By 2010, how much of the US ...

Real Estate 306 Final Exam Questions with Accurate Answers | Guaranteed Success 3 approaches to value - 1. sales comparison (market) approach 2. cost approach 3. income approach sales comparison (market) approach - -value of RE can be determined by analyzing the sale prices of similar properties -in a competitive market, close substitutes should sell for similar prices -difficulty: how many truly close substitutes exist & how many of these have sold recently? -"one price" rule (i.e....

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Exam 1 Questions With Correct Answers A market value where tenants negotiate rent and other terms with property owners or their managers is referred to as a : a. property market b. user market c. housing market d. capital market - answerb. user market The market in which required rates of return on available investment opportunities are determined is referred to as the : a. property market b. user market c. housing m...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Final Exam Questions With Correct Answers. Market where tenants negotiate rent and other terms with property owners as their managers is: - answerthe user market market in which required rates of return on available investment opportunities is: - answerthe capital market the actions of local, state and federal governments affect real estate values: - answerthrough user markets, capital markets and taxation what portion o...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Exam 1 Questions With Correct Answers Real Estate - answerAn asset class, Land improvements on any land and improvements on it (use of leverage, inflation hedge, tangible asset, depreciates, 1031 Exchange) Real Estate as an Asset - answerHolds value and falls under PPE How much does Real Estate make up of the US GDP? - answer25% How many jobs does RE create for AMericans? - answer9 million How much government revenue is g...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Final Exam Study Guide. 3 approaches to value - answer1. sales comparison (market) approach 2. cost approach 3. income approach sales comparison (market) approach - answer-value of RE can be determined by analyzing the sale prices of similar properties -in a competitive market, close substitutes should sell for similar prices -difficulty: how many truly close substitutes exist & how many of these have sold recently? -"o...