real estate REE3043

Real estate REE3043

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REE 3043 Quiz 4 Questions and  Solutions | Grade A+
  • REE 3043 Quiz 4 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 21 pagina's • 2024
  • Different financing requirements usually are involved in the various phases of a property's life. Which of the following types of loans is used to finance improvements to the land, such as sewers, streets and utilities? A. Bridge loans B. Land development loans C. Land acquisition loans D. Construction loans ️: B. Land Development Loans An interest-only balloon mortgage loan is commonly referred to as a(n): A. Land acquisition loan B. Mini-perm loan C. Bullet loan D. Mezza...
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real estate REE3043 Questions and  Solutions | Grade A+
  • real estate REE3043 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 8 pagina's • 2024
  • A market where tenants negotiate rent and other terms with property owners or their managers is referred to as a ️: User Market The market in which required rates of return on available investment opportunities are determined is referred to as the: ️: Capital Market The actions of local, state, and federal governments affect real estate values ️: All of the above Approximately what portion of U.S. households own their own home? ️: Approximately two thirds Of the following ass...
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REE NM EXAM Questions and  Solutions | Grade A+
  • REE NM EXAM Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 35 pagina's • 2024
  • If one discount point costs the borrower 1% of the loan amount, and increases the lender's yield by 1/8th of one percent, how many discount points must be purchased to lower the interest rate by 1%? 1 4 8 16 ️: 8 1/8th = 0.125; 1.0 ÷ 0.125 = 8 A five-sided lot has the following dimensions: side A = 44', side B = 67', side C = 91', side D = 18', and side E = 55'. What is the perimeter of the lot? 257 feet 220 feet 320 feet 275 feet ️: 275 feet 44' + 67' + 91' + 18...
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REE 3043 Quiz 2 Questions and  Solutions | Grade A+
  • REE 3043 Quiz 2 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 60 pagina's • 2024
  • Factors that affect housing market segmentation include all except: household size. household income. household lifestyle. household unemployment status. household age. ️: household unemployment status. A popular adage in real estate is that property value is all about "location, location, location." However, for most property types in nonresidential realms, non-locational requirements are equally or even more important. All of the following are examples of non-locational facto...
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REE VA & Math Questions and  Solutions | Grade A+
  • REE VA & Math Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 30 pagina's • 2024
  • A property is being appraised using the income capitalization approach. Annually, it has an estimated gross income of $48,000, vacancy and credit losses of $3,600, and operating expenses of $15,000. Using a capitalization rate of 8%, what is the property's value (rounded up to the nearest $1,000)? ️: $368,000 A sale transaction on rental property closes on December 10th. The landlord received the December rent of $4,400 on December 1. Assuming the closing day is the seller's, and t...
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REE Exam 2 Questions and Solutions |  Grade A+
  • REE Exam 2 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 56 pagina's • 2024
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REE3043 FINAL REVIEW Questions  and Solutions | Grade A+
  • REE3043 FINAL REVIEW Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 32 pagina's • 2024
  • A state license is required for anyone who: a)sells their own property b)sells property for other people c)a and b d)none of the above ️: sells property for other people Which of the following arrangements does not qualify as an agency relationship in real estate transactions? a)a seller hires a broker to help locate a buyer b)a broker hires a sales associate to help locate buyers for properties or properties for buyers c)a buyer hires a broker to help locate a property for pur...
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REE 3043 - Exam 3 Practice Questions  and Solutions | Grade A+
  • REE 3043 - Exam 3 Practice Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 18 pagina's • 2024
  • The primary purpose of a listing agreement is to define the relationship between ️: The property owner and the real estate broker A state license is required for anyone who ️: Sells property for other people Which of the following terms refers to the illegal practice of showing minority buyers only those properties that are located in areas dominated by minorities? ️: Steering Which of the following statements is not true about brokers? ️: Brokers take ownership of the item bein...
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REE 3043 exam 1 Questions and  Solutions | Grade A+
  • REE 3043 exam 1 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 17 pagina's • 2024
  • Economists suggest that the value of something results from its utility and: ️: D. Scarcity A branch of economics that extends the basic ideas of the early classical and neoclassical economists to better understand and predict how humans use space is termed: ️: C. Urban economics Formal arrangements and associations that members of society make to support fundamental economic and social activities are referred to, in the text, as: ️: B. institutions Marshall contended that in a p...
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ree3043 exam 5 Questions and  Solutions | Grade A+
  • ree3043 exam 5 Questions and Solutions | Grade A+

  • Tentamen (uitwerkingen) • 12 pagina's • 2024
  • Given the following information regarding an income producing property, determine the NPV using levered cash flows in your analysis: required equity investment: $270,000; expected NOI for each of the next five years: $150,000; debt service for each of the next five years: $125,000; expected holding period: five years; required yield on levered cash flows: 15%; expected sale price at end of year 5: $2,000,000; expected cost of sale: $125,000; expected mortgage balance at time of sale: $...
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