Real Estate Finance AYPO Questions and Answers 100% Correct

Real Estate Finance AYPO Questions and Answers 100% Correct Real Estate Finance AYPO Questions and Answers 100% Correct Real Estate Finance AYPO Questions and Answers 100% Correct Real estate has been estimated to represent approximately - ANSWER-one-half of the world's total economic wealth. The buyer's ability to finance the property is an important, if not the -------, contingency in most residential transactions, and a significant driver in the entire real estate-based economy. - ANSWER-primary Texas is a: a. Lien Theory b. Title Theory - ANSWER-a. Lien Theory Lien Theory - ANSWER-In lien theory states such as Texas, the security for a mortgage is a lien placed on the property, which is removed once the loan is fully repaid. The title (or other legal instrument documenting the rights and privileges of the holder of the title) is actually held by the buyer/property owner. This makes foreclosure more challenging