Form 1004 Study guides, Class notes & Summaries

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - answerLoan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - answerprinciple of contribution the forces acting on a parcel of land are always affecting the value of the land - answerPRIN...

Which of the following is a responsibility of a citizen of the United States? - ️️Volunteering in a community Which of the following views of the globe includes the region in which Japan is located? - ️️ The relative scarcity of arable land in China led to which of the following patterns in Chinese social life? - ️️Early development of intensive agricultural cultivation techniques Which of the following is an effect of the Gulf Stream? - ️️The climate of Western Europe is...

Champions School Principles of Real Estate II Latest Update Graded A+ Appraisal An Appraiser's opinion of value Principle of conformity Suggests that value is maximized when there is reasonable degree of homogeneity, or sameness, in a neighborhood USPAP Uniform Standards of Professional Appraisal Practice Uniform Standards of Professional Appraisal Practice Standards that have been established by the Appraisal Standards Board of the Appraisal Foundation Ad Valorem According to...

Champions Principles of Real Estate 2 EXAM TEST Q&A ALREADY PASSED What does D.U.S.T. stand for? - ANSWER Demand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - ANSWER Loan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - ANSWER principle of contribution the forces acting on a parcel of land are always affecting the value of the land - ANSWER ...

NMLS SAFE EXAM 2024 Questions With Verified Answers What does TILA stand for? - answerTruth-In-Lending Act, Regulation Z What is a HELOC loan? - answera secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - answer LTV stands for - answerLoan to Value Define PMI and state what the acronym stands for. - answerPrivate mortgage insurance- on conventional loans Define one time variable funding fee and people in what situations is i...

Principles of Real Estate 2 Champion Questions and Correct Solutions 2024 An opinion of value - Answer -The appraised value of a property is: assessed value - Answer -the amount that your local government determines your property to be worth for tax purposes subject property - Answer -The property that is being appraised. ad valorem - Answer -according to value Principle of Conformity - Answer -Maximum value is found when there is a reasonable degree of similarity or homogeneity USPAP (...

NMLS SAFE EXAM 2024 Questions With Verified Answers What does TILA stand for? - answerTruth-In-Lending Act, Regulation Z What is a HELOC loan? - answera secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - answer LTV stands for - answerLoan to Value Define PMI and state what the acronym stands for. - answerPrivate mortgage insurance- on conventional loans Define one time variable funding fee and people in what situations is i...

Tier 1 testing = correct answers Length, loss, polarity O.L.T.S Tier 2 testing = correct answers Tier 1 testing plus O.T.D.R TIA-526-14 [OFSTP-7] = correct answers Singlemode TIA-526-14 [OFSTP-14] = correct answers Multimode Within the ITS industry a theoretical standard level ratio of measurement is 0 dBm = correct answers - 0 dBm = 1milliwatt [1mW] of power at a frequency of 1004 Hz across an impedance of 600 ohm - Where the dB is a ratio between two values, dBm is an actual measu...

Appraisal - ANSWER-An Appraiser's opinion of value Principle of conformity - ANSWER-Suggests that value is maximized when there is reasonable degree of homogeneity, or sameness, in a neighborhood USPAP - ANSWER-Uniform Standards of Professional Appraisal Practice Uniform Standards of Professional Appraisal Practice - ANSWER-Standards that have been established by the Appraisal Standards Board of the Appraisal Foundation Ad Valorem - ANSWER-According to value Principle of progress...

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - answerLoan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - answerprinciple of contribution the forces acting on a parcel of land are always affecting the value of the land - answerPRIN...