Found 7370 results for: Answers To Real Estate Exam
[GET] Answers To Real Estate Exam | HOT
This is an example of: a. Legal behavior permitted in a free market economy. Illegal behavior under the Sherman Antitrust Act. Illegal discrimination under federal fair housing laws. Prohibited by the Statute of Frauds Quietly fixing brokerage firm...
Found: 24 May 2021 | Rating: 96/100
[DOWNLOAD] Answers To Real Estate Exam | new!
Other prohibited acts include dividing up geographic territories or boycotting brokers offering cut-rate discounts. C is incorrect. There is nothing in the test question to suggest that the two brokers are engaging in housing discrimination. D is...
Found: 24 May 2021 | Rating: 94/100
Real Estate Agent Practice Test
A buyer is applying for an ARM loan. Do the payments on this type of loan product change? They stay the same over the course of the loan. The interest rate changes annually, either raising or lowering the payment. The interest rate goes up every year. The interest rate goes down every year. In contrast to the fixed-rate mortgage, the ARM interest rate is tied to an economic index and can go up or down, depending on market trends. Typically, the ARM loan adjusts annually, but lender and borrower can negotiate how frequently an adjustment can occur. The interest rate on an adjustable rate mortgage is periodically adjusted based on an economic index published by a neutral third party.
Found: 5 Apr 2021 | Rating: 87/100
5 Tips For Passing Your Real Estate Exam
The loan paperwork states which economic index the lender will follow. C and D are incorrect. The interest rate on an ARM loan is variable and can either rise or fall, depending on current market conditions. How much time must a prospective borrower be given to review the Closing Disclosure? One week before closing A prospective borrower must be given 3 business days to review the Closing Disclosure prior to the closing. This goal of this 3-day window is to give the consumer time to raise any questions with the lender prior to becoming obligated under the terms of the new loan. If borrowers are undergoing a personal financial emergency, they can waive taking 3 business days to review the Closing Disclosure.
Found: 1 Apr 2021 | Rating: 92/100
7 Hacks For The Real Estate Practice Exam (+Free Mini-test)
An example of this type of emergency is when a borrower needs a new loan immediately in order to prevent an upcoming foreclosure sale. Note: Lenders are required to provide consumers with both a Loan Estimate and a Closing Disclosure, and are not allowed to charge for either disclosure. The Loan Estimate must be delivered to the consumer within 3 business days after the loan application is submitted. A major institutional lender discriminates against certain prospective borrowers based solely upon their homes being located in depressed neighborhoods. The lender does this by giving no consideration to either the condition of the specific property or the creditworthiness of the prospective borrower.
Found: 1 Apr 2021 | Rating: 93/100
What is the name of this illegal activity? Redlining c. Air loans d. Backward applications Redlining is the illegal denial of a loan application based upon the location of the securing property without any consideration of the employment history or creditworthiness of the loan applicant or of the condition of the property itself. This activity got its name from the maps that lenders used to have up in their offices. A silent second is a loan between the buyer and the seller for part or all of the down payment.
Found: 18 Apr 2021 | Rating: 87/100
Real Estate Math Formulas, Practice Questions, & Examples
Silent seconds are a type of mortgage fraud and are illegal. An air loan is another type of mortgage fraud perpetrated upon lenders. This involves getting a mortgage loan on a parcel of real estate that does not exist. A backward application is another type of mortgage fraud committed on lenders. Here, the buyer finds a desirable property and lies about his or her income in order to qualify for a purchase money mortgage. You are trying to price a property. What is the rough value of this property?
Found: 10 Apr 2021 | Rating: 85/100
Real Estate Agent License Practice Test
Podcasts Top 10 Tips for Passing the Real Estate Exam Obviously the most important factor in passing the real estate exam is knowing the material. Here are our top 10 tips for passing the real estate exam: Do as many practice real estate exam questions as you can. Use a trusted service like our practice exams to prepare for actual the real estate exam. Having studied just the material is usually not enough to pass! Start by only answering questions that are extremely easy. Go through the entire exam and only answer the questions that are extremely easy and you are fairly confident in your answer. This will give you a sense of progress and your subconscious will be thinking about the questions you skipped. Look at the answers first. While going through the exam, look at the answers first. You are looking for keywords and vocabulary terms that stand out. If you used a product like our real estate practice exams or real estate exam videos, this will be easier since we specifically tailored our content to train you on key terminology.
Found: 1 Apr 2021 | Rating: 87/100
Do not choose an answer you have never heard of! Work backwards to the correct answer. Eliminate obviously wrong answers and work backwards to the correct answer. You may be able to eliminate only one or two of the options. For example, if math is difficult for you, skip the math problems until after you finish the rest of the exam. Occasionally, the answer to an earlier question is revealed in a later question. It has been statistically proven that you are much more likely to change an answer from correct to incorrect. This can and does happen! This might discourage you and affect your overall performance on the real estate salesperson or broker examination. Many students who finish quickly fail.
Found: 27 Apr 2021 | Rating: 92/100
Texas Real Estate :: Pearson VUE
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Found: 28 Apr 2021 | Rating: 87/100
Real Estate Practice Exam 1 - 1medicoguia.com
There are lots of providers out there when it comes to real estate exam prep and real estate practice exams, but our favorite is Mbition — Learn Real Estate. Even better, their adaptive learning interface helps identify your weakest areas of performance and tailors your prep towards those subjects. Mbition — Learn Real Estate outperforms all their competitors in this space and is the clear choice for real estate practice exams.
Found: 8 Apr 2021 | Rating: 91/100
You can use these mini-tests to test your knowledge and get a good baseline understanding of your skills. Set your timer for 10 minutes, off you go! Tons of practice and the Adaptive Learning Technology of the Mbition — Learn Real Estate programs will go a long way in making you feel comfortable with the different subject matter on the test. But, there are also some standardized test-taking hacks you can use to power-up your performance. While there, I learned a number of secrets critical to performing well on the most challenging standardized tests in the U. That is not the case with the real estate license exam. The second question of your 10 remaining questions is a particularly tough one, and you spend seven minutes trying to figure out the answer to this one question. Eliminate Wrong Answers Before Moving on From a Tough Question If you have a particularly challenging question, one that you have to skip and come back to, before doing so, eliminate any of the answer choices you know to be incorrect.
Found: 12 Apr 2021 | Rating: 92/100
How To Study For Your Real Estate Exam - Blog OnlineEd
Doing so gives you two advantages. More often than not, your first instinct is at least pointed in the right direction, and so listening to that instinct to at least eliminate an answer or two will make coming back to the question later a little easier. Second, it offers you a chance to think critically about the question in a way that might help you on a subsequent question. It is not uncommon on the real estate license exam to have questions that relate to one another, like using the same purchase or sale scenario. For instance, if a question setup is particularly long and complex, chances are the answer is going to match the question in terms of sophistication and complexity. More often than not, a three-sentence question will not have a one-word answer. Always Anticipate the Answer Before Looking at the Choices An easy way to get tripped up on the real estate licensing exam is to misinterpret an answer choice, thanks to complicated wording.
Found: 5 Apr 2021 | Rating: 89/100
Free Real Estate South Carolina Exam ()
Arguably deceptive language is fair game on tests like this, so double-negatives, unrelated conclusions, or red herrings especially in the math portion of the test are common. You can combat this by making a prediction about what you think the answer will be before actually looking at the answers. By doing so, you are giving yourself an answer you can compare against the answer choices, rather than trying to find an answer that just sounds better than the others. With this established, this also means that there are three categorically incorrect answers for every question. Rather than seeking the right answer, try seeking the wrong answers. Can you identify the fundamental flaws in the answer choices? Three of them exist. But, in the case of the real estate licensing exam, we have to.
Found: 26 Apr 2021 | Rating: 86/100
Real Estate Exam Test Taking Tips - 1medicoguia.com
This means that, on a question test, you need to answer at least 70 of them correctly. What this means from a test strategy standpoint is that your goal is to answer the number of questions correctly that will get you a passing score. Use the same scenario as before; no outside resources, only a simple function calculator, and 10 minutes to complete. Here are three of our favorites. If you still need to complete your prelicensing class, Real Estate Express is a great option because this exam prep is rolled into three of their four prelicensing packages. Check Out Exam Scholar Bringing It All Together There are lots of options for real estate practice exams, but Mbition — Learn Real Estate provides the best options for soon-to-be real estate professionals to power up their prep and crush their test.
Found: 1 Apr 2021 | Rating: 88/100
Check them out today and start preparing for the next step of your career. As a licensed agent in the state of Michigan, Chris has been a part of hundreds of transactions from modest rural starter homes to massive waterside compounds. Download Our Free Ebook Jam packed with 61 proven real state lead generation ideas for this year. Essential reading for new and experienced Realtors, this list comes from coaches like Tom Ferry, Kevin Ward, and top producing agents from around the country. This email address is invalid.
Found: 21 Apr 2021 | Rating: 93/100
Real Estate Agent License Practice Test ( Current)
The term refers only to the bottom number in the fraction, not to the rest of the number. Equivalent Fraction Fractions which have the same value, even though they may look different. Front Foot A method of describing or pricing commercial real estate by the number of feet of road frontage the parcel has. Greatest Common Factor: The largest whole number that divides evenly into each of the numbers. For example, the greatest common factor of 4, 8, 12 and 16 is 4, because 4 is the largest number that will divide evenly into each of the numbers. Latitude The angular distance north or south of the earth's equator, measured in degrees along a meridian, as on a map or globe. Lineal Foot The same as a foot. If something is 12 lineal feet long, it is 12 feet long. Longitude Angular distance on the earth's surface, measured east or west from the prime meridian at Greenwich, England, to the meridian passing through a position, expressed in degrees or hours , minutes, and seconds.
Found: 8 Apr 2021 | Rating: 85/100
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