Ree 3043 - Study guides, Class notes & Summaries

REE 3043 Exam 2 Questions with Complete Solutions.

REE 3043 Quiz 2 UPDATED ACTUAL Exam Questions and CORRECT Answers Factors that affect housing market segmentation include all except: household size. household income. household lifestyle. household unemployment status. household age. - CORRECT ANSWER - household unemployment status.

REE 3043 Exam 3 UPDATED ACTUAL Exam Questions and CORRECT Answers Chapter 10: The most compelling alternative home mortgage that lenders use to combat the maturity imbalance problem associated with long-term LPMs is by making _____________ loans. A) ARM B) RAM C) PMI D) PMM - CORRECT ANSWER - A) ARM Loans

REE 3043 Final Exam Review UPDATED Exam Questions and CORRECT Answers Which appraisal approach would be most accurate in the valuation of a ten-year old single family dwelling? - CORRECT ANSWER - Sales comparison approach Which valuation approach would be most accurate in the valuation of a school, museum or library? - CORRECT ANSWER - Cost approach

REE 3043 QUIZ 2 WITH QUESTIONS AND ANSWERS ...

REE 3043 Exam 3 ACTUAL Exam Questions and CORRECT Answers Created by Congress to promote an active secondary market for home mortgages, Fannie Mae and Freddie Mac purchase loans that meet specific underwriting standards such as loan size, documentation, and payment-to-income ratio. The loans that Fannie Mae and Freddie Mac are eligible to purchase are commonly referred to as - CORRECT ANSWER - conforming conventional loa

REE 3043 Final Exam Review UPDATED ACTUAL Exam Questions and CORRECT Answers In a mortgage loan, the borrower always creates two documents: a note and a mortgage. Which of the following pieces of information is provided in the mortgage? - CORRECT ANSWER - An unambiguous description of the property that is being pledged as collateral for the loan

REE 3043 Quiz 1 Ch 1 – 4 Questions with complete solutions

REE 3043 Exam with Complete Solutions with 100% Guarantee Pass The promotion and marketing of space to neighboring users is termed: - Answer-Concentric marketing The development of a recognizable logo which ties all advertising and promotional material together is an example of what the text calls: - Answer-thematic image marketing some experts believe that ___of those who sign leases do so because they received a favorable impression when viewing the property. - Answer-50% The prim...

REE 3043 EXAM 1 QUESTIONS WITH CORRECT ANSWERS Elements of traditional zoning include all except: a. Bulk limits b. Performance standards c. Setback requirements d. Land use categories - Answer-Performance standards Externalities in land use include all except: a. Increase storm runoff from paving b. Traffic congestion c. Leap-frog development d. Inability to judge the quality of a structure, once built - Answer-Inability to judge the quality of a structure, once built De...