Real estate economics - Study guides, Class notes & Summaries

REE 4204 SIRMANS EXAM 1 QUESTIONS WITH VERIFIED ANSWERS The mortgage constant calculates the payment per dollar borrowed at a given interest rate and term. - Answer-True Finance - Answer--study of the process, institutions,markets and instruments used to transfer money and credit between individuals, business, and gov applied economics - Answer--study of the allocation of resources for the purpose of producing goods and services for various members of society -considers time value of mon...

Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. Real Estate 87 Economics Question 1 . Compared to a 30-year loan, a 15-year loan usually has: B. a lower interest rate and a larger monthly payment Question 2 What federal law requires lenders to disclose information that would help detect instances of redlining? C. Home Mortgage Disclosure Act Question 3 Which of these types of income is least likely to be counted as part of a loan applicant...

Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. Real Estate 87 Economics Question 1 . Compared to a 30-year loan, a 15-year loan usually has: B. a lower interest rate and a larger monthly payment Question 2 What federal law requires lenders to disclose information that would help detect instances of redlining? C. Home Mortgage Disclosure Act Question 3 Which of these types of income is least likely to be counted as part of a loan applicant...

Basic Appraisal Principles Questions and Answers (2024 / 2025) | 100%Solved When are appraisers needed? to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure Appraiser One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. Attributes of an Appraiser competent, independent, impartial, objective, prompt, organized, educated, honest & diligent Appraiser mu...

Nevada Real Estate State Exam Questions and Answers 100% Pass Nevada BROKER salesperson/BROKER education - Answer- - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer- - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

Real Estate 87 Economics Final Exam 2023/2024 Questions and Answers Latest A+ Grade. Real Estate 87 Economics Question 1 . Compared to a 30-year loan, a 15-year loan usually has: B. a lower interest rate and a larger monthly payment Question 2 What federal law requires lenders to disclose information that would help detect instances of redlining? C. Home Mortgage Disclosure Act Question 3 Which of these types of income is least likely to be counted as part of a loan applicant...

NV Real Estate Exam Review Latest Version Graded A+ Agency Relationship between the principal (client) and agent. Business Tangible assets of an existing enterprise. Define Business broker: What are the requirements for a permit RE broker, broker-salesman, or salesman who sells businesses. -minimum 24 hours of instruction -$40 permit -$75 examination fee (must pass 75%) Owner-Developer Owns 5+ Lots within a subdivision Real Estate Division 1. The RE Division of the Depar...

Quiz: New Urban Sociology Ans: Multi-centered, regional view of cities and suburbs focus on pull factors (Ex. Real estate investment and government incentives) and shift to global perspective on capitalism. (Economic, political, and cultural factors integrated in analysis) Shift to global perspective on capitalism (economic, political, and cultural factors integrated in analysis) (Ex. Multi-centered, regional view of cities and suburbs) Quiz: 4 Inclusion of Factors Ans: 1. Class exp...

Nevada Real Estate State Exam Questions and Answers 100% Pass Nevada BROKER salesperson/BROKER education - Answer- - 90 hours of instruction which includes: 45 hours of law, 45 hours of principles Broker testing - Answer- - Pass a NV Testing Center 50 question Nevada State Brokers test with a 75% or better: One hour to complete - Pass a NV Testing Center 80 question Nevada National Brokers test with a 75% or better: Two hours to complete - Cost of Examination: $100 for both tests when ta...

Loan processing - ANS The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision Underwriting - ANS The process of evaluating a borrowers loan application to determine the risk involved for the lender Funding - ANS The process of transferring funds to a title or escrow company for disbursement Servicing - ANS Sending monthly payment statements and collecting monthly payments maintaining payment ...