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Final Exam-Calibri Real Estate LATEST UPDATE!!!!! Final Exam-Calibri Real Estate LATEST UPDATE!!!!!

Colibri Real Estate Exam LATEST UPDATE!!! Colibri Real Estate Exam LATEST UPDATE!!!

Chapter 18- Real Estate Math (Colibri Real Estate) LATEST UPDATE!!!!! Chapter 18- Real Estate Math (Colibri Real Estate) LATEST UPDATE!!!!!

Real Estate Math Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What was the price per front foot for a 100' x 125' lot that sold for $125,000. (the first number is front foot) 1. $1,250 2. $1,000 3. $556 4. $10 - Answer -1. $1,250 125,000÷100 = 1,250 If the bank makes 90% loan on a house valued at $88,500 how much additional cash is required as a down payment if the buyer has already paid $4,500 in earnest money 1. $3,500 2. $4,000 3. $4,350 4. $8...

Real Estate Math Example Problems | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Fencing comes in 5 foot sections. For a fence that is 120 feet long, how many fence posts are needed? - Answer -120/5=24 24+1= 25 (post for the end) How many square feet are in a room 15'6"x 30'9"? (inches-> feet) - Answer -6"/12= .5 ft + 15'= 15.5' wide 9"/12= .75 ft + 30 ft= 30.75' long 20.75x15.5= 476.625 sq ft Carpet costs $63 per square yard, what would it cost to...

REAL ESTATE MATH EXAM 2024 WITH 100% CORRECT ANSWERS Types of Questions - correct answer (1) Percentage questions include commission, net listing, profit or loss, principal and interest, or interest only computations. (2) Square footage questions include how many lots or what size lot can be developed, and replacement costs. (3) Formula questions include memorizing formulas. They can be comparable sales appraisal questions or specific formulas for IRV, or taxable values. Real Esta...

What was the price per front foot for a 100' x 125' lot that sold for $125,000. (the first number is front foot) 1. $1,250 2. $1,000 3. $556 4. $10 - correct answer 1. $1,250 125,000÷100 = 1,250 If the bank makes 90% loan on a house valued at $88,500 how much additional cash is required as a down payment if the buyer has already paid $4,500 in earnest money 1. $3,500 2. $4,000 3. $4,350 4. $8,850 - correct answer 3. $4,350 P÷T×R 8,850÷88,500×90%-10% = $4,350 What did the selle...

REAL ESTATE MATH EXAM 2024 WITH 100% CORRECT ANSWERS The fastest way to calculate one month's interest on a real estate loan with an interest rate of 7.2% interest per annum is to multiply the principal balance by - correct answer 0.006 (7.2%/12) A duplex with a fair market value of $20,000 and an outstanding loan balance of $12,000 was exchanged for a four-plex with a market value of $35,000 and an outstanding $18,000 loan balance. The owner of the duplex would pay in cash or secondary...

Real Estate Math Problems Questions and Answers

Real Estate Exam (Math Portion), Real Estate Math Practice Problems Question and answers already passed 2023/2024 A farmer is willing to pay $1,200 per acre. He is planning to buy the SE 1/4 of the SE 1/4 of the SE 1/4 of section 2. How much will he pay for the land? There are 640 acres in 1 section. $12,000 If the potential gross rental income from a property is $20,000, the vacancy rate is 5 percent, and the additional income from the laundry facilities and extra storage is $700, what i...