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REE Final Exam Questions with complete solutions.

REE Final Exam questions with complete solution1

The element of an adjustable interest rate that is the "moving part" is the: A. Teaser rate B. Index C. Margin D. Adjustment period E. Adjustment caps Correct Answer-B. Index the index rate represents the lenders cost of funds. the index rate is determined by the market, whereas the other answers are all fixed and specified in the note. Suppose a bank recognizes substantial deterioration in a borrowers credit score and notifies him that he must pay his home equity line of credit in f...

With respect to bearing the risk of future property price fluctuations, which of the following lending relationships is viewed as the most risky from the borrower's perspective? Correct Answer-Straight debt Developers may be attracted to a _______________________which enables them to proceed with construction without long term financing, if they expect to sell the project or refinance into a permanent loan before the term of the ______________________expires. Correct Answer-Mini-perm loan ...

Which of the following refers to the down stroke of the cycle? Select one: a. Knee adduction b. Knee flexion c. Knee inversion d. Knee extension correct answers d. Knee extension Which of the following best describes the classifications for obesity? Select one: a. An individual who is 45 pounds over the recommended weight for height b. An individual who is 25 pounds over the recommended weight for height c. An individual who is 10 pounds over the recommended weight for height d. An ...

Strategic Management correct answers the study of why some firms outperform others Mission correct answers statement explaining why a company exists. both internal and external. No time frame. Vision correct answers Crystallization of what leaders want firm to be. Guides development of strategy and organization. achievable within a time period. Internal except for slogans. Goals/ Strat. Plan correct answers How to beat present and potential competitors. Set of actions to provide product...

All are used in valuation of income-producing property except: - Income tax Capitalization is employed in the: - Income approach - income properties A gross lease is one that: - The landlord pays for all operating expenses When estimating the market value of an income-producing property, the appraiser will not consider - Income taxes attributable In income capitalization, value is measured as the present worth of the - Net operating income divided by the overall capitalization rate Inco...

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? - An unambiguous description of the property that is being pledged as collateral for the loan. A significant number of mortgage loans use adjustable interest rates, in which the interest rate of the loan is tied to an index rate that fluctuates over time. For income-producing property, the most common index rate is the: - London ...

REE 4103 FINAL EXAM, real estate valuation Question with complete solutions