Rmlos Study guides, Class notes & Summaries

origination - ANSWER-process of creating a new mortgage loan funding - ANSWER-The process of transferring funds to a title or escrow company for disbursement underwriting - ANSWER-process of evaluating a borrowers loan application to determine the risk involved for the lender servicing - ANSWER-sending monthly payment statements and collecting monthly payments, maintaining payment records and following up on delinquencies processing - ANSWER-collecting info about a borrower in order ...

PRINCIPLES OF REAL ESTATE 1- CHAMPIONS SCHOOL OF REAL ESTATE QUESTIONS WITH CORRECT ANSWERS. a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification Answer- D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these Answer- ...

Principles of Real Estate 1- Champions School of Real Estate Exam Questions and Answers a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - Answer- D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - Answer- D.) Al...

brokerage - the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs - Are also know as mortgage brokers NAR - The largest trade organization representing real estate professionals Value - A fair return or equivalent in goods, services, or money for something exchanged appraisal - the business of providing a professional opinion of the value of real property mortgage lending - business of providing money to individuals ...

Principles Of Real Estate 1 Exam - Champions School Of Real Estate With Correct Solutions 2024 a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification - Answer -D.) Modification The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these - Answer -...

Real Estate Exam Question & Answer (Latest 2024) Verified! brokerage - CORRECT ANSWER-the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs - CORRECT ANSWER-Are also know as mortgage brokers NAR - CORRECT ANSWER-The largest trade organization representing real estate professionals Value - CORRECT ANSWER-A fair return or equivalent in goods, services, or money for something exchanged

Principles of Real Estate Questions With Correct Answers. brokerage Overseeing the needs of the parties to a real estate transactions and seeing it to its completion. appraisal Providing a professional opinion of the value of real property. mortgage lending Is the business of providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for the payment of a debt. RMLOs Residential Mortgage Loan Originators Residential M...

Principles of Real Estate 1 Questions – Champions with 100% Correct Answers Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. a. True b. False - Answer️️ -a. True Property managers are generally responsible for the _______ of a property that they manage. a. day-to-day operations b. maintenance c. tenant relations d. all of the above - Answer️️ -d. all of the above Mortgage brokers are now k...

Principles of Real Estate 1- Champions School of Real Estate D.) Modification - ANSWER a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification D.) All of these - ANSWER The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these B.) Pers...

brokerage - Answer- the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs - Answer- Are also know as mortgage brokers NAR - Answer- The largest trade organization representing real estate professionals Value - Answer- A fair return or equivalent in goods, services, or money for something exchanged appraisal - Answer- the business of providing a professional opinion of the value of real property mortgage lend...