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BEST REVIEW Texas Principles of Real Estate 2 - Champions 100%  VERIFIED ANSWERS  2024/2025 CORRECT
  • BEST REVIEW Texas Principles of Real Estate 2 - Champions 100% VERIFIED ANSWERS 2024/2025 CORRECT

  • Exam (elaborations) • 10 pages • 2024
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Texas Principles of Real Estate 2 - Champions Exam Questions with correct Answers
  • Texas Principles of Real Estate 2 - Champions Exam Questions with correct Answers

  • Exam (elaborations) • 8 pages • 2024
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  • appraisal - ANSWER-defined as an appraiser's opinion of value. Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. Principle...
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