Fha - Study guides, Class notes & Summaries
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Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+)
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Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) 
Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) 
 
The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. - ANSWER - Origination activities 
 
The process of evaluating a borrower's loan application to determine the risk involved for the lender is - ANSWER - Underwriting 
 
Which of the ...
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Champions School Of Real Estate Finance 2024 Tested And Verified
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Champions School Of Real Estate 
Finance 2024 Tested And Verified 
Seller's market - CORRECT ANSWER-When supply is low and demand is high 
Buyer's market - CORRECT ANSWER-When supply is high and demand is low 
The process of creating a new mortgage loan - CORRECT ANSWER-Origination 
The detailed process of evaluating a borrower's loan application to determine the risk 
involved for the lender - CORRECT ANSWER-Underwriting 
When there is an excess of money supply in the market - CORRECT ANSWER...
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45-Hour PA Practice Final Exam
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The final step a licensee will take when preparing a CMA is: 
 
1. Choosing comparables 
2. Estimating a reasonable selling price range 
3. Making adjustments to comparables 
4. Collecting and analyzing information - Answer- CORRECT ANSWER: 
 
Estimating a reasonable selling price range 
 
A broker price opinion must include what the price was based on and: 
 
1. License number 
2. The broker's phone number 
3. Applicable market data 
4. A legal description - Answer- CORRECT ANSWER: 
 
Applic...
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FHA EXAM 1 QUESTIONS AND ANSWERS SOLVED 100% CORRECT!!
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FHA EXAM 1 QUESTIONS AND ANSWERS SOLVED 100% CORRECT!!
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
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FHA EXAM 2024 QUESTIONS WITH SOLVED ANSWERS ALREADY GRADED A+
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FHA EXAM 2024 QUESTIONS WITH SOLVED ANSWERS ALREADY GRADED A+
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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WISE PRACTICE TEST- COMPLETE STUDY GUIDE QUESTIONS AND ANSWERS 2023 NEW UPDATE
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WISE PRACTICE TEST- COMPLETE STUDY GUIDE QUESTIONS AND ANSWERS 2023 NEW UPDATE 
 
Question : To qualify for a Federal Housing Administration (FHA) loan, a person must generally 
 
 
A high school student has begun to investigate the field of finance as a career choice. In deciding about the field, the student should focus on which question first? 
 
 
A: Will I find a balance between financial rewards and personal satisfaction from work? 
 
A company offers a defined-contribution pension pl...
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HECM Test Study Guide
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HECM Test Study Guide 
 
A Counseling Agency's failure to follow all basic requirements required by HUD could result in 
which of the following: 
A. Termination of agency's HUD approval 
B. Suspension of agency's HUD approval 
C. Forfeiture of remaining federal grant funds 
D. Fines and or imprisonment 
E. a , b , and c 
F. all of the above - E. 
 
Termination of agency's HUD approval 
Suspension of agency's HUD approval 
Forfeiture of remaining federal grant funds 
 
T/F A counseling agenc...
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M100 Exam Questions with correct Answers
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Community Association - Answer- Legal entity in which the owners enjoy the protection, enhancement, maintenance, and preservation of their homes and property 
 
Three defining characteristics of Community Association - Answer- Mandatory Membership, Mutually Binding Documents, and Lien-Based Assessments 
 
Mandatory Membership - Answer- Membership in the community association is mandatory and automatic for all owners 
 
Mutually Binding Documents - Answer- Certain association governing documents ...
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