Aceable agent real estate - Study guides, Class notes & Summaries

Aceable Agent Real Estate Principals 2

ACEABLE AGENT REAL ESTATE PRINCIPALS 2 QUESTIONS AND ANSWERS GRADED A+ VERIFIED. . Foreclosure Auction - -A third-party trustee sells the property at a foreclosure auction. 1974 - -The federal Real Estate Settlement Procedures Act (RESPA) was enacted in _____. Absolute Auction - -Absent of any reserve or restriction on price. Abstract of Title - -An ____ ____ _____ is an abbreviated history of a property, including info on any transfers, grants, wills, conveyances, liens, and encumbrances...

ACEABLE AGENT REAL ESTATE FINANCE

The Real Estate Law is found in A. The Licensing Code B. The Business and Professions Code C. The Health and Safety Code D. The Corporations Code - correct answer -B. Business and Professions Code The Real Estate Commissioner reports to a. the California Bureau of Real Estate. b. the governor. c. the Department of Housing and Urban Development. d. the legislature. - correct answer -B. the governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the bro...

Aceable Agent Real Estate Study Terms

Aceable agent Real Estate Finance Questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

Aceable Agent Real Estate Principals 2 Exam 2023/2024 General Data - ANSWER-Is information about a property's location. This could include the city, region, and neighborhood in which the poperty uis situated. Specific Data - ANSWER-Is information regarding the property itself. Principle if Anticipation - ANSWER-The idea that the present value of a property is affected by the ANTICIPATED income or utility that property will give its property owner. Principle of Contribution - ANSWER-...

ACEABLE AGENT REAL ESTATE FINANCE QUESTIONS AND ANSWERS, RATED A+ Melissa, a sales agent, has noticed an increase in buyer phone calls and an increase in house prices. She also read in the paper that new construction was up 10%. What can this increase in housing be attributed to? - -increased demand Which of these actions would constitute actual notice? - -Christine looks up the deed for a property she's interested in buying. Which of these is NOT a requirement for seller financing? ...

Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL Formulas to calculate commission? PRINCIPAL What is the term that describes the money that is lent? CASH TO CLOSE Down payment minus earnest money? TOTAL SALES PRICE Loan payment + loan principal? ORIGINATION POINTS Loan points/fees charged 1% to compensate loan officers for underwriting and administering...

Aceable Agent Real Estate Study Terms Exam 2023/2024 Abstract of Title - ANSWER-The condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate. abutting - ANSWER-sharing a common boundary; adjoining acceleration clause - ANSWER-The clause in a mortgage or deed of trust that can be enf...