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Terms in this set (100)
A married couple have $300,000
prequalified for a
$240,000 conventional
mortgage. If they put 20%
down, they can buy a
house for
What facts need not be The property was the site of a homicide.
disclosed in a real estate
transaction?
, What is a good graphic to The pricing pyramid
show a seller that there
will be more activity if the
property is competitively
priced?
A home sells for $310,500. $100,534
Expenses of the sale are
$4,800. The brokerage fee
is $18,630. Prorations for
taxes and interest are
$5,036. The mortgage
payoff is $181,500. What
are the seller's proceeds
from the sale?
Filing a suit to quiet title is a title defect is found, which is difficult to remove by
used when ordinary means.
What are the benefits of Maintain and enhance value
restrictive covenants?
What's the downside for a Responsible for the single agent's acts
principal who has a single
agent?
What is the likely cause of Unwritten agreement
a contract for sale of real
estate being ruled as
unenforceable?
Aside from a property's Highest and best use
location, what is the most
important factor that
influences market value?
the percentage added to the index of an adjustable-
The margin is
rate mortgage that results in the calculated rate.