Ree3043 - Study guides, Class notes & Summaries
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REE3043 FINAL REVIEW EXAM WITH QUESTIONS AND ANSWERS
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REE3043 FINAL REVIEW EXAM WITH QUESTIONS AND ANSWERS ...
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REE3043 EXAM 2 SG MC (2024) LATEST QUESTIONS WITH COMPLETE SOLUTIONS!!
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REE3043 EXAM 2 SG MC (2024) LATEST QUESTIONS WITH COMPLETE SOLUTIONS!!
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REE3043 REVIEW TEST QUESTIONS WITH ALL CORRECT SOLUTIONS
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REE3043 REVIEW TEST QUESTIONS WITH ALL CORRECT SOLUTIONS 
Two important advantages of automated underwriting are that it is __________ and it enables lenders to more safely make ________ loans. - Answer-Two important advantages of automated underwriting are that it is faster and it enables lenders to more safely make affordable housing loans. 
 
What two contracts are always involved in a mortgage loan? - Answer-A borrower always conveys a mortgage and a note to the lender in the mortgage loan. ...
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REE3043 EXAM QUESTIONS WITH COMPLETE SOLUTIONS
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REE3043 EXAM QUESTIONS WITH COMPLETE SOLUTIONS 
The lender that takes out a insurance policy against the mortgage in case the borrower defaults. - Answer-PMI - Private Mortgage Insurance 
 
It was created to restore confidence in the mortgage market. It had a great impact in the housing finance system. The FHA helped establish rigorous borrowing and lending standards that reduced lenders' risk and promoted the use of long term, fully amortizing loans that were more consistent with the househol...
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REE 3043 /REE3043 PACKAGED EXAMS 2024/2025
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REE 3043 /REE3043 PACKAGED EXAMS 2024/2025...
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REE3043 TEST QUESTIONS WITH CERTIFIED ANSWERS – UPDATED!!
- Exam (elaborations) • 7 pages • 2024
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REE3043 TEST QUESTIONS WITH CERTIFIED ANSWERS – UPDATED!! 
The value of income producing property depends on its - Answer-Expected cash flows, the timing of those cash flows, and the riskiness of those cash flows 
 
Real estate investors earn returns on their investments from - Answer-Rental income and property appreciatiob 
 
Investment risk - Answer-The probability that actual cash flows will differ from what was expected 
 
Most real estate investors are - Answer-Risk averse 
 
The outstan...
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REE3043 PRACTICE TEST QUESTIONS WITH REVISED ANSWERS – UPDATED!!
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REE3043 PRACTICE TEST QUESTIONS WITH REVISED ANSWERS – UPDATED!! 
Property manager top designation ____________ - Answer-certified property manager CPM 
 
Administrative tasks- collecting rents, prepare monthly reports (who paid who didn't, what isn't) and record keeping - Answer-property manager tasks 
 
need to know the marketing advantages/disadvantage of property 
 
have low cost and low maintenance amenities that competitors dont have - Answer-marketing strategy 
 
______________ want s...
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REE3043 EXAM 5 QUESTIONS WITH CERTIFIED ANSWERS
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REE3043 EXAM 5 QUESTIONS WITH CERTIFIED ANSWERS 
Based on your understanding of the differences between levered and unlevered cash flows, which of the following is an example of a levered cash flow? 
 
A. net operating income 
B. net sale proceeds 
C. sale price 
D. before-tax cash flow - Answer-D 
 
Given the following information, calculate the before-tax equity reversion (BTER): NOI: $89,100; annual debt service: $58,444; net sale proceeds: $974,700; remaining mortgage balance: $631,026. 
 
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REE3043 CHAPTER 2 QUESTIONS WITH REVIEWED ANSWERS
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REE3043 CHAPTER 2 QUESTIONS WITH REVIEWED ANSWERS 
Which of these forms of co-ownership could best be described as "normal ownership," except that multiple owners share identically in one bundle of rights? 
Tenancy in common 
Joint tenancy 
Tenancy by the entirety 
Condominium 
Estate in severalty - Answer-Tenancy in common 
 
Which of these marriage related forms of co-ownership gives each spouse a one-half interest in any property that is "fruits of the marriage?" 
Dower 
Curtesy 
Communi...
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REE3043 CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS REVISED AND UPDATED
- Exam (elaborations) • 4 pages • 2024
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REE3043 CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS REVISED AND UPDATED 
State and federal control of land uses has increased greatly over the past 40 years due in part to an increased awareness of environmental hazards. Which of the following federal environmental control laws was responsible for establishing the "Superfund" to finance emergency responses and cleanups of abandoned and unregulated waste dumps? 
 
-Clean Water Act 
-Resource Conservation and Recovery Act 
-Toxic Substances Contro...
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