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8 hours ago a combination real estate transaction where there is both a sale of real property by an owner and then an immediate lease on the same property giving the seller the right to remain in the same property that was just sold. 13. All are characterisitics of a contract for a deed except the buyer receives title when the contract is signed.
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$1,365,000.8 hours ago Start studying Real Estate Exam Practice. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Home. What is the asking price? Answer: $1,365,000. The Federal Housing Administration's (FHA) Section 8 program helps low- and moderate-income people by. Answer: paying part of their rent.
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$4,800,000.7 hours ago This is an example of: Divide the capitalization rate into net income. To derive value using the income capitalization approach, one must: $4,800,000. An office building rents for $600,000, has expenses of $400,000, and a cash flow of $100,000. The prevailing gross rent multiplier is 8.
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8 hours ago Start studying Real Estate Practice Exam Questions. Learn vocabulary, terms, and more with flashcards, games, and other study tools.
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3 hours ago Start studying Real Estate Practice. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Home. When you receive an offer on a listing for less than asking price, you should NOT: Which of the following is a low loan to value ratio? Sandy is putting 30% down on their home purchase.
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$400,9 hours ago The process by which expenses are handled at the settlement of a real estate transaction so that both buyer and seller pay their respective portions of debt called. proration. The seller collected $400, payable in advance, from the tenant on Aug 1st, …
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5 hours ago an amortized loan is paid off over the loan period. a balloon loan always has a shorter loan term. an amortized loan requires interest-payments. a balloon loan must be retired in five years. an amortized loan is paid off over the loan period. A loan …
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8 hours ago I just want to come here to give you all some hope in the home buying process. After losing several bids that I offered 75k-80k above asking price, waived inspection, willing to pay 40k over appraisal and lost hope, I found a incredible short sale and snatched it up 30k below asking price. The asking price happens to be the appraisal value.
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$184,0004 hours ago Sample Question. A closing cost of two and one half discount points involved in the purchase of a $184,000 property on which there is a mortgage with a 75% loan to value ratio would equal which of the following amounts: $3,450. $3,540. $4,600.
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7 hours ago I am doing a Real estate Express course for florida, i got stuck in this one quiz for a chapter and i ended up looking up the answer on quizlet, while on the quiz. Now that I'm about to finish the course and take the practice exam i was reading the section named "it's time to prepare for your exam" and it says at the very end "A final note.
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6 hours ago Try this amazing Real Estate Finance Practice Test quiz which has been attempted 6398 times by avid quiz takers. Also explore over 57 similar quizzes in this category. 1% of the sales price. B. 1% of the interest sale. C. 1% of the loan amount. D. Having covered chapter one on basic real estate principles in the real estate fundamental
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3 hours ago Learn more. Use our free Real Estate practice exams (updated for 2022) to pass the Real Estate License Exam - an assessment taken by candidates who wish to become a Real Estate Agent or Broker. Real Estate Agents work to advise home buyers and sellers on market conditions, real estate prices, mortgages, and how to best present their homes in
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$600,000,7 hours ago An office building rents for $600,000, has expenses of $400,000, and a cash flow of $100,000. The prevailing gross rent multiplier is 8. Using the GRM, what is the value of the building? • $4,800,000. A 3,000-square-foot house is in a neighborhood where it is surrounded by 1,500-square-foot homes.
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$135,000.3 hours ago All states require real estate agents to be licensed by the state to engage in the sale of real estate. California Real Estate Practice Exam and the Florida Real Estate Practice Exam. View Answers as You Go . View 1 Question at a Time . 1. As a seller's agent, you sell a house for $135,000. The selling price includes a six percent
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9 hours ago Pass the real estate exam with confidence! Don't rely on the outdated material on other real estate practice exam sites. Our real estate exam prep comes with over 500 practice real estate exam questions, and 450 vocabulary test questions with detailed answer explanations, up to date with latest 2019 rules and regulations.
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$398 hours ago When you enroll in Exam Scholar - Real Estate Edition, you will get instant access to the best professional real estate exam prep crash course available - and for the lowest price online of only $39! Join the 35,000+ people who have completed our course and successfully passed the exam the first time.
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$1,900Just Now What is Jessica's share of the real estate taxes? Jan - 31 Feb - 28 March - 9 31 + 28 + + 9 days = 68 days. Daily Amount = Annual Amount / 365 OR Monthly Amount / Length of Month Proration = Daily Amount Multiplied by the # of days. $1,900 / 365 = daily amount = $5.21 $5.21 x 68 = $354.28. A broker induces an owner to sell by telling him that
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Bottom Line: Real Estate Express is our top choice for best real estate exam prep course. It is the most comprehensive course we looked at. There are many online resources available for those looking to prepare for the real estate exam.
Real Estate Broker Practice Test This free practice test will give you an idea of the types of questions that will appear on a real estate broker licensing exam. All states require real estate brokers to take an exam to get licensed. Such subjects as operation of a brokerage, contract law and agency concepts will be tested.
While flashcards are a great study tool, students usually find the most success when they pair them with a comprehensive study plan. Fortunately, our flashcards are part of our full real estate license study guides!
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