Texas Real Estate Exam Prep (From PearsonVUE and &
Champions National Exam Prep) Most Recent Exam 2026
| Actual Comprehensive Real Exam Questions With 100%
Correct Answers | Verified Answers | Already Graded A+ |
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G borrowed $15,000 to buy a business. The interest rate was
11%. If G paid all
the interest and the amount borrowed with a single payment
at the end of 16
months, what is the amount of this
payment?
a) $16,650
b) $16,925
c)
$17,200
d) $17,425 - ANSWER-c)
$17,200
A seller has received $225,000.00 for the sale of his home. This
represents a
20% profit. What did he pay for the house when he
purchased it?
a) $180,000
b) $187,000
,c)
$175,000
d) $205,000 - ANSWER-b)
$187,000
A seller wants to net $185,000 on the sale of his property. He
must pay a loan balance of $180,630 and closing costs of
$10,000. The commission to the listing broker will be 6%.
What is the lowest price the property can sell for to
accomplish this? a) $375,530
b) $398,062
c) $395,295
d) $399,500 - ANSWER-d) $399,500
An Appraiser uses the cost approach to determine the value of
a two-story building 128' x 97' at $120/sq.ft., with $10,000 in
depreciation and a $27,500 lot, what is his estimate of value of
the property? a) $2,997,340
b) $3,007,340
c) $1,507,420
d) $2,979,840 - ANSWER-a) $2,997,340
Mark purchased a home for $150,000 He had an 80% LTV. He
has paid off $42,000 of his purchase mortgage. He is selling the
house for $179,000. How much equity does he have?
a. $71,000
b. $59,000
c. $101,000
,d. $78,000 - ANSWER-c) $101,000
Maria is planning to buy a house for $200,000. The lender has
indicated that he will charge 3 points plus an origination point.
Maria is considering the difference
between an 80% LTV and a 75% LTV. How much will she save
on points if she
chooses the 75%
LTV?
a)
5%
b)
$1600
c)
$6000
d) $400 - ANSWER-d)
$400
An office space is 24 feet long and 27 feet wide with 10-foot
ceilings. The owner wants to carpet the office. How many
square yards of carpet does he need? a) 72
b) 216
c) 648
d) 1944 - ANSWER-a) 72
A property is listed for $399,500. It sells for $396,000. The
negotiated commission is 6% and will be split evenly
between the selling broker and the listing broker. The selling
broker pays his sales associate 60% of the broker's
, commission. How much does the selling broker earn? a)
$11,880
b) $4,752
c) $7,128
d) $5,940 - ANSWER-b) $4,752
A developer has 2,178,000 sq.ft. of property. He sells 80% of it
for $5,000 an
acre. What is the total sale
price?
a) $200,000
b) $100,000
c)
$250,000
d) $125,000 - ANSWER-a)
$200,000
An office building has a potential gross rent of $20,000 per
month. It has a vacancy rate of 15%. Yearly expenses for the
property total $115,000. If the owner is earning a 10% rate of
return, what is the value of the building? a) $204,000
b) $240,000
c) $890,000
d) $1,250,000 - ANSWER-c) $890,000
What is the minimum monthly income your buyers need to
qualify for a $200,000 loan at 6% for 30 years if lenders are
qualifying at 28%? (The loan factor is $6.00). Monthly taxes
and insurance will be $900. a) $7,500
Champions National Exam Prep) Most Recent Exam 2026
| Actual Comprehensive Real Exam Questions With 100%
Correct Answers | Verified Answers | Already Graded A+ |
Guaranteed Success!! | Newest Exam | Just Released!!
G borrowed $15,000 to buy a business. The interest rate was
11%. If G paid all
the interest and the amount borrowed with a single payment
at the end of 16
months, what is the amount of this
payment?
a) $16,650
b) $16,925
c)
$17,200
d) $17,425 - ANSWER-c)
$17,200
A seller has received $225,000.00 for the sale of his home. This
represents a
20% profit. What did he pay for the house when he
purchased it?
a) $180,000
b) $187,000
,c)
$175,000
d) $205,000 - ANSWER-b)
$187,000
A seller wants to net $185,000 on the sale of his property. He
must pay a loan balance of $180,630 and closing costs of
$10,000. The commission to the listing broker will be 6%.
What is the lowest price the property can sell for to
accomplish this? a) $375,530
b) $398,062
c) $395,295
d) $399,500 - ANSWER-d) $399,500
An Appraiser uses the cost approach to determine the value of
a two-story building 128' x 97' at $120/sq.ft., with $10,000 in
depreciation and a $27,500 lot, what is his estimate of value of
the property? a) $2,997,340
b) $3,007,340
c) $1,507,420
d) $2,979,840 - ANSWER-a) $2,997,340
Mark purchased a home for $150,000 He had an 80% LTV. He
has paid off $42,000 of his purchase mortgage. He is selling the
house for $179,000. How much equity does he have?
a. $71,000
b. $59,000
c. $101,000
,d. $78,000 - ANSWER-c) $101,000
Maria is planning to buy a house for $200,000. The lender has
indicated that he will charge 3 points plus an origination point.
Maria is considering the difference
between an 80% LTV and a 75% LTV. How much will she save
on points if she
chooses the 75%
LTV?
a)
5%
b)
$1600
c)
$6000
d) $400 - ANSWER-d)
$400
An office space is 24 feet long and 27 feet wide with 10-foot
ceilings. The owner wants to carpet the office. How many
square yards of carpet does he need? a) 72
b) 216
c) 648
d) 1944 - ANSWER-a) 72
A property is listed for $399,500. It sells for $396,000. The
negotiated commission is 6% and will be split evenly
between the selling broker and the listing broker. The selling
broker pays his sales associate 60% of the broker's
, commission. How much does the selling broker earn? a)
$11,880
b) $4,752
c) $7,128
d) $5,940 - ANSWER-b) $4,752
A developer has 2,178,000 sq.ft. of property. He sells 80% of it
for $5,000 an
acre. What is the total sale
price?
a) $200,000
b) $100,000
c)
$250,000
d) $125,000 - ANSWER-a)
$200,000
An office building has a potential gross rent of $20,000 per
month. It has a vacancy rate of 15%. Yearly expenses for the
property total $115,000. If the owner is earning a 10% rate of
return, what is the value of the building? a) $204,000
b) $240,000
c) $890,000
d) $1,250,000 - ANSWER-c) $890,000
What is the minimum monthly income your buyers need to
qualify for a $200,000 loan at 6% for 30 years if lenders are
qualifying at 28%? (The loan factor is $6.00). Monthly taxes
and insurance will be $900. a) $7,500
