Principles of Real Estate 2
Principles of Real Estate 2
Here are the best resources to pass Principles of Real Estate 2. Find Principles of Real Estate 2 study guides, notes, assignments, and much more.
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Exam (elaborations)
Principles of Real Estate 2 Practice Test Aceable Questions and Answers Graded A 2024
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--11March 20242023/2024AAvailable in bundle
- REO - What term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? 
 
Real Estate Mortgage Investment Conduit (REMIC) - A type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): 
 
a concession - Julio considers leasing an apartment unit from Bruno, the land...
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PossibleA
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Exam (elaborations)
Principles of Real Estate 2 Champions School of Real Estate Exams Questions & Answers 100% Accurate
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--21March 20242023/2024A+Available in bundle
- appraisal - ANSWER-appraisers opinion of value 
 
principal of contribution - ANSWER-the value if the property is equal to the sum if the contributory value of each of its component parts. 
 
loan to value ratio - ANSWER-percentage of value or sales price that a lender is willing to finance. 
 
desk review - ANSWER-goes through items as they analyze the appraisal report for completeness and acceptable conclusions 
 
field review - ANSWER-independent 3rd party appraiser will be contracted to revi...
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remojudytask
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Exam (elaborations)
Principles of Real Estate 2 Exam Questions & Answers 100% Accurate
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--19March 20242023/2024A+Available in bundle
- appraisal - ANSWER--an appraiser's opinion of value 
-lenders use this to determine market value of property being used to secure the loan 
 
highest and best use - ANSWER-legal use for property that gives greatest return in money and/or amenities 
 
principle of contribution - ANSWER-property's value is equal to the sum of the contributory value of each of its component parts 
 
T/F: in a practical application of the concept of contribution, cost does NOT equal value. - ANSWER-true 
 
princip...
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remojudytask
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Exam (elaborations)
Principles of Real Estate 2 Practice Test Aceable Questions & Answers 100% Correct!
-
--11February 20242023/2024A+Available in bundle
- REO - ANSWERSWhat term describes a property that is owned by a lender because a third-party buyer couldn't be found at a foreclosure auction? 
 
Real Estate Mortgage Investment Conduit (REMIC) - ANSWERSA type of SPV that holds commercial and residential mortgages in trust, assembles said mortgages into pools based on risk, and issues bonds (securities) on these pools to sell to investors in the secondary mortgage market is a(n): 
 
a concession - ANSWERSJulio considers leasing an apartment unit...
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$12.99 More Info
papersmaster01
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Exam (elaborations)
Principles of Real Estate 2(2023- 2024)Exam with complete updated solution
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---11May 20242023/2024A+
- Loss of value due to lack of modernization is called: - answerFunctional obsolescence 
The __________ is considered the most reliable approach to value because it is based on verifiable 
market events. - answerSales comparison approach 
A loss in a property's value due to daily wear and tear is an example of _______ - answerPhysical 
deterioration 
The appraiser will use the cost approach to value: - answerA unique building 
A real property appraisal will contain an analysis of the each of the ...
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unlimitedsolutionis1
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Exam (elaborations)
PRINCIPLES OF REAL ESTATE 2(2023- 2024)EXAM WITH COMPLETE UPDATED SOLUTION
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---11January 20242023/2024A+
- Loss of value due to lack of modernization is called: - answerFunctional obsolescence 
 
 
The	is considered the most reliable approach to value because it is based on verifiable market events. - answerSales comparison approach 
 
 
A loss in a property's value due to daily wear and tear is an example of	- answerPhysical deterioration 
 
 
The appraiser will use the cost approach to value: - answerA unique building 
 
 
A real property appraisal will contain an analysis of the each of the follo...
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$8.49 More Info
docwayne5
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Exam (elaborations)
Principles of real estate final exam Questions & Answers 100% Correct!!
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---9September 20242024/2025A+
- Why have the states passed laws that require real estate brokers and sales agents to be licensed? - ANSWER to protect the public 
 
What year was the TRELA passed? - ANSWER 1949 
 
What is the potential fine for acting as a sales agent or broker in Texas without a license? - ANSWER 4,000 
 
Who may be a Realtor®? - ANSWER a real estate license holder who also joins a realtor board (broker) 
 
What are the 7 sources of law? - ANSWER 1. u.s. constitution 
2. Federal Laws 
3. Federal Regulat...
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papersbyjol