Superior School Of Real Estate Exam QUESTIONS & Revised CORRECT ANSWERS UPDATED&ALREADYPASSED

Superior School Of Real Estate Exam QUESTIONS & Revised CORRECT ANSWERS UPDATED&ALREADYPASSED Which of the following would create legally binding acceptance of a written offer? - ANSWER : The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... - ANSWER : Add $22,500 to the sales price of the comparable property. An option to purchase has been created for a one hundred acre parcel of farmland. During the one-year option period, the option he has the right to... - ANSWER : Execute the option to purchase on the terms in the option agreement. A buyer is under contract to purchase a home for $370,000 and has qualified for an 80% loan-to-value mortgage loan at an annual interest rate of 45%. How much will the buyer owe for the 1% loan origination fee and 1 1/2 discount points associated with this loan package? - ANSWER : $7,400