Ree4204 Study guides, Class notes & Summaries

REE4204 FINAL EXAM QUESTIONS AND ANSWERS

REE4204 FINAL EXAM QUESTIONS AND REVISED CORRECT ANSWERS | COMPLETE SET Default occurs when the borrow fails to: - ANSWER -make payment on time -repay the interest on the loan -repay the principle of the loan The fact that a lender pays special attention to control ratio between the borrower's total housing expense and income is consistent to - ANSWER the ability to pay theory A theory states that no borrower with substantial positive equity in a property would choose to defaul...

REE4204 1 FINAL EXAM QUESTIONS WITH VERIFIED ANSWERS

REE4204 FINAL EXAM QUESTIONS WITH VERIFIED ANSWERS

REE4204 TEST 1 REVIEW QUESTIONS WITH REVISED ANSWERS A lender gives you a $125,000 thirty-year fixed-rate mortgage at 6.75%, three discount points, monthly payments. Suppose that, before you make any payments, you receive a pay raise so you pay an extra $100 per month in addition to your normal payment. Also, at the end of year five of the mortgage you have an unexpected job transfer thus the house is sold and the mortgage is repaid. The mortgage balance at the end of year five with the extra ...

REE4204 FINAL EXAM QUESTIONS AND ANSWERS

FSU REE4204 Exam 3 Sirmans EXAM PREP ALREADY PASSED

FSU REE4204 EXAM 3 SIRMANS QUESTIONS WITH CERTIFIED ANSWERS – UPDATED!! The following will negatively affect real estate as a tax shelter: a. extension of the depreciation period b. introduction of a lower rate on capital gains c. elimination of passive loss limitation d. all of the above e. none of the above - Answer-A The following tax law has an effect on the value of real estate: a. capital gains treatment b. length of depreciation for real property c. passive loss limitati...

REE4204 FINAL EXAM QUESTIONS WITH REVISED ANSWERS – UPDATED!! Which of the following ratios on the borrower is LEAST important in the underwriting process? - Answer-Current ratio or quick ratio The due-on-sale clause in a promissory note stipulates - Answer-The entire loan balance must be repaid when the property is sold Which of the following is FALSE concerning Mortgage-backed bonds (MBB)? - Answer- Maturity is not fixed at issuance Which of the following contribute to protecting...

REE4204 Exam Questions With Revised Answers Real estate finance - answerof institutions, markets, and instruments used to transfer money and credit for the purpose of developing or acquiring real property True - answerIn general, inflation is a monetary phenomenon resulting from an increase in money supply as opposed to resulting from an increase in general price levels. True - answerAccording to the liquidity premium theory, investors are willing to pay a price premium for securities wit...