Ltv Study guides, Class notes & Summaries

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 o...

JLTV Test B Questions and Answers Already Passed Which is the only JLTV variant with a two-seat configuration? A. GP B. HGC C. CCWC D. UTL D. UTL Which of the following lights indicates that you will NOT be able to adjust the ride height? A. LVD B. SPNSN ERROR C. SPNS NOT LEVEL D. CTIS FAULT B. SPNSN ERROR What are the benefits of the vehicle design using half shafts instead of straight axles on the JLTV? A. To account for angles produced by suspension movement. B. To ensu...

JLTV TEST A LATEST UPDATE GRADED A+ 4 VARIATONS OF JLTV Utility, General Purpose, Heavy Guns Carrier, Close Combat Weapons Carrier Why do the High Pressure Gas (HPG) pumps automatically stop running after continuously for 10 minutes? C. To prevent the system from overheating The transaxle receives power from the __ and transfers it to the front and rear wheels. B. Transmission Using the picture below, write the height of each of the red lines. 60in, 30in Explain, in your own...

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - answerLoan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - answerprinciple of contribution the forces acting on a parcel of land are always affecting the value of the land - answerPRIN...

Champions Real Estate Finance Final Exam With Correct Answers 2024 Loan-to-Value Ratio (LTV) -CORRECT ANSWER-The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage -CORRECT ANSWER-Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage -CORRECT ANSWER...

appraisal CORRECT ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) CORRECT ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report CORRECT ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property CORRECT ANSWER legal use that gives the greatest return Principal of Contribution CORRECT ANSWER cost does not equal value ...

Champions Principles of Real Estate 2 Exam Questions with Correct Answers appraisal - ANSWER value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - ANSWER The percentage of value or sales price that a lender is willing to finance. limited appraisal report - ANSWER exterior only/drive by inspection. deemed as low risk loan highest and best use of property - ANSWER legal use that gives the gre...

CB Study Guide for Final Exam Test is comprehensive but mostly from Chapters 9-16 Why is value important to shoppers?  Value is what consumers ultimately pursue, because valuable actions address motivations that manifest themselves in needs and desires. Value captures how much gratification a consumer receives from consumption. Compare hedonic and utilitarian value. o Utilitarian Value-  Derived from a product that helps the consumer solve problems and accomplish tasks that are a ...

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...