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Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Exam Questions and Answers 100% Pass Loan Processing - Answer️️ -The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision. Underwriting - Answer️️ -The process of evaluating a borrowers loan application to determine the risk involved for the lender. Funding - Answer️️ -The process of transferring funds to a title or escrow co...

Champions School of Real Estate Marketing SAE Exam Questions and Answers 100% Pass Price - Answer️️ -The most common reason a property fails to sell is __________. Marketing - Answer️️ -Matching human needs with goods or services to meet those needs is the process of ____ agent - Answer️️ -Problem solving is a key personality trait of a successful ___ D in AIDA stand for - Answer️️ -Desire Four P's of Marketing - Answer️️ -Product, Price, Place, Promotion A-I-D-A - A...

Champions Powerhouse Training SAE Exam Questions and Answers An area of neighborhoods or subdivisons that is serviced by your firm. - Answer️️ -Geographic Farm A plan by which you develop to gain name recognition - Answer️️ -Marketing Plan Becoming different in your approach through growth and development - Answer️️ -differentiate All the properties in a particular price range, in the area your firm services - Answer️️ -economic farm Words or content by which top produc...

Champions - Principles of Real Estate 1 Exam Questions and Answers Brokerage - Answer️️ -The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. Appraiser - Answer️️ -Person who provides opinion of value in appraisal report Residential Mortgage Loan Originator (RMLOs) - Answer️️ -aka Mortgage Brokers. Licensed in Texas by the TX Dept. of Savings & Mortgage Lending Property Managers are responsible for... - Answe...

Champions Texas Principles of Real Estate 2 Chapter quizzes with 100% correct solutions The _____ lists all cash that came into and all expenses incurred by a property during the reporting period. a. Property management agreement b. Bank statement c. Cash flow report d. Leasing agreement - Answer️️ -c. Cash flow report (chapter 7) When a property is not well-maintained, the result is: a. Preventive maintenance b. Deferred maintenance c. Escalation clauses d. Assignment and suble...

Texas Real Estate Exam Prep Class - Champion Chap.1 Questions and Answers Real Property - Answer️️ -land, improvements attached to the land, benefits, rights, and ownership interest that go with the land. appurtenance - Answer️️ -A right, privilege, or improvement belonging to and pass with the land. The landowner owns it. improvements - Answer️️ -man's addition to the land such as buildings and landscaping Subsurface, surface ad air rights - Answer️️ -mineral, air and w...

Champion School of Real Estate Exam Questions and Answers 100% Pass Brokerage - Answer️️ -The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction Property Managers are generally responsible for the following - Answer️️ -Day to Day operations, Maintenance and Tenant Relations RMLO - Answer️️ -Mortgage Brokers are known as NAR - Answer️️ -The largest trade organization representing real estate professionals is...

Champion School of Real Estate-Law of Contracts Exam Questions and Answers Texas Real Estate Commission - Answer️️ -TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account - Answer️️ -administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders unlawful practice of law - Answer️️ ...