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AMP Real Estate Salesperson UPDATED Exam Questions and CORRECT Answers
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AMP Real Estate Salesperson UPDATED Exam Questions and CORRECT Answers As a buyer's agent, should you advise your client to get a home inspection on the property she is buying? - CORRECT ANSWER- Yes. A qualified home inspector may spot defects not previously noted. (Agency Relationships/Contracts) A borrower must pay $5,600 for points on a $140,000 loan. How many points is the lender charging for this loan? - CORRECT ANSWER- 4. Divide the dollar amount of the discount points by the loan amount. $5,600/$140,000=.04 or 4 1 point=1% of the loan amount
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