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LTP Math Exam Questions with Correct Answers
LTP Math Exam Questions with Correct Answers A provisional broker is contacted to list a property where the seller desires to net $100,000 from the sale of the property. The current mortgage balance is $175,000, commission of 6%, deed prep of $125 and other seller closing costs of $1,000. The closing attorney fee was $800. What must the property sell for in order for the seller to cover all expenses and net the desired amount, rounded to the nearest dollar? - Answer-Add seller's known expense...
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Exam (elaborations)
LTP Math Exam Questions with Correct Answers
PopularLTP Math Exam Questions with Correct Answers A provisional broker is contacted to list a property where the seller desires to net $100,000 from the sale of the property. The current mortgage balance is $175,000, commission of 6%, deed prep of $125 and other seller closing costs of $1,000. The closing attorney fee was $800. What must the property sell for in order for the seller to cover all expenses and net the desired amount, rounded to the nearest dollar? - Answer-Add seller's known expense...
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