buyer randy makes an offer to purchase

D. The monthly payments increase overtime. C. Allow indoor pets to leave their designated area. C. Tell them that this home is an exceptional buy and encourage them to look anyway. Auteur/autrice de la publication : Post published: 16 juin 2022 Post category: aerogarden pump settings for herbs aerogarden pump settings for herbs buyer randy makes an offer to purchase of a train ride will leave the quantity demanded of train rides unchanged. 5- How do life insurance companies get involved in the investment market? Smoke Detector Statement of Compliance, D. Sellers Affidavit of Nonforeign Status and/or California Withholding Exemption. 57- Under federal income tax law, the basis for a personal residence is which of the following: What should Elaine do? 10 of 50 There has been very little interest in the Bowers home this past week. C. Find a lender who is willing to do FHA loans. 2. 3- How could refinancing be an investment benefit? However, she believes the sellers will not be willing to accept the offering price. buyer randy makes an offer to purchase - pet-anneve.com 1 of 10 When you receive an offer on a listing for less than asking price, you should not: A. 1 of 50 Which of the following newspaper information is not helpful in developing a Prospecting Plan? The other 75% came from an hourly wage paid by Tami. Lorem ipsum dolor sit amet, consecteticitur laoreet. B. 4- What is a good method for estimating what a seller will net from the sale of the property? fairbanks ice dogs standings . His depreciation was $2,500 per year. 42- Alice is planning her career and setting her goals. There is nothing that can offset this problem. A. Before the sale can get finalized, the owner would require you to first meet certain conditions. B. C. Discover why some homes havent sold. 43 of 50 Which one of these statements would not be considered a measurable goal? 10- Which of the following prospecting techniques do you have to use carefully because it has tended to upset people in recent years? A buyer has obtained a mortgage in which the LTV is 95% of the first $40,000 of the sale price and 90% of the remainder of the sale price. A. 3 of 10 Which of the following statements is NOT true regarding a broker acting as an escrow agent? B. 7- What does the net operating income of a property represent? Code Violations and Tax Delinquencies. Buyer Randy makes an offer to purchase one of Broker Tom's listings on June 15. 3 of 10 When must a listing agent present the Disclosure Regarding Real Estate Agency Relationships to the seller? Access to over 100 million course-specific study resources, 24/7 help from Expert Tutors on 140+ subjects, Full access to over 1 million Textbook Solutions. 4 of 10 Which of the following would be the least desirable phone handling technique? B. They have $20,000 for a down payment and assumed the sellers mortgage of $75,000. Senior housing for residents 62 or older, B. The buyer must pay the broker a commission. Underline the correct pronoun in parentheses in the following sentence. A. He made $150,000 of improvements during the three years he lived in it before he sold it. C. Moving closer to the agent to get a better look. Answer: B- The contract is voidable due to mutual mistake. C. Sharing all visitor comments two weeks before the listing ends. Last year, about 25% of his income came from sales commissions. 1 of 10 What kind of lease contains a recapture clause? She tells them they would not be comfortable in this home and she shows them a list of homes in other neighborhoods she thinks would be more appropriate. The broker will owe fiduciary responsibilities to the seller as well as the buyer. D. Preparing flyers and promotional materials for the brokers approval. 2 of 10 Developing a prospecting plan is similar to: 3 of 10 Which of the following is not a legal notice that can provide a listing lead? The gross annual income, $7,200, divided by 8% (0.08), is $90,000. Bill is purchasing a 6-family apartment building. C. A counteroffer can give the buyers an out if they want one. 8 of 10 Which of these statements about counteroffers is not true? 4- What is the agreement that a broker can enter into with a buyer? C. Neither Sarah nor Ken can get employer-provided health insurance. A. Forwarding calls from the public to one of the salespersons in the office. How can you prepare your sellers for receiving offers? 83- Matt is computing the adjusted cost basis of his apartment building for income tax purposes. C. Shows property addresses that should be excluded from prospecting. One day later. Retain the check for use with a future sales contract offer. 10- What is the right to rescind and what is not covered by this rule? 11- What is a public report and when must it be provided? kennesaw state football depth chart; 2022617 buyer randy makes an offer to purchase Randy and his real estate agent, Bob, enter into a listing agreement whereby Bob may list Randy's property but Randy may also try to find a buyer Bob finds Clarice, a buyer who has enough cash to purchase the property and would like to purchase the property today. Donec aliquet. $5,600 every year, with no increase, C. $5,750 the first year, plus a maximum 2% increase in market value per year, D. $5,750, plus a maximum 1% increase in market value per year. C. Once filed, it remains until terminated. What was Sam's appraisal cost for quality last year? 10 of 11 Mark gets a home loan and the lender will charge him 3 points at closing. A. Sexta, 26 de novembro de 2021 . A. 99- All exclusive listing agreements must have, C. A list of personal property included in the sale. The bundle of rights does NOT include the right of, Billy has a two-acre lot that is zoned agricultural. Course Hero is not sponsored or endorsed by any college or university. The lender in case of the borrowers death, C. The lender against delinquent payments, D. The lender in case of the borrowers default. Answer: A- No, Bob Should have submitted the offer. Give $250 to the buyer and $250 to the seller. 2- Name one advantage and one disadvantage of telephone contacts. Installation of central air conditioning, D. Addition of a tenant laundry facility. She put 20% down and got a mortgage for the remainder. C. The buyers are interested in another property. He asks his real estate agent if she could tell him how to go about building a house on the land. D. All repairs must be in compliance with existing building codes. D. Will conducted an agent open house last week that was attended by 25 agents. There is a crack in the basement wall. 2- What is floor time and why is it important? A. Answer a question with a question when possible. Recommend a counteroffer back to list price. Salesperson Sally tells her senior citizen buyers that the home they want to view is located in a neighborhood with several small children and loud teenagers. 7. Buys pools of mortgages in exchange for mortgage-backed securities. C. Deposit into the brokerage business account. View an objection as the buyers request for more information. D. The selling agent must provide the disclosure to the buyer as soon as practicable prior to the execution of the buyers offer to purchase. Is critical to your success in real estate. He pays rent for occupancy, plus maintenance and operating expenses. A. The borrower makes payments of interest only over the term of the loan. 2- List the three Institute of Real Estate Management property management designations. B. The offer that has the shortest closing date, Answer: B- The offer with the highest price that is the most likely to close. C. Clearly written contractor agreement must exist. B. What should Bob advise Sam? She doesnt need a license to perform many activities at the firm, but which of the following would require her to have a license? B. FSBO sellers believe they will save money if they sell themselves. 91- This paragraph of the purchase agreements informs the seller of the buyers right to inspect the property and can cancel or request maintenance based on findings. 3- Differentiate between mortgage brokers and mortgage bankers. A. What should Alice do? An assistant should never be left with the task of taking photos of a new listing. 4- What are the major areas of newspaper leads? The buyers have been pre-qualified by a lender. \text { Annual rework cost } & 34,679 \\ 8- What is important for a broker to remember about the Foreign Investment in Real Property Tax Act? B. B. 5- What actions can the sellers take regarding the purchase offer? If an item is already correct, write C on the line provided. A. 6- When is a lender required to terminate a borrowers private mortgage insurance? 6- What does the security and insurance clause of the listing agreement address? 5- What does the safety clause in the listing agreement do? 6- Which type of leasehold estate is commonly referred to as a periodic tenancy? B. B. C. Alice is getting a conventional loan and making a 15% down payment. B. Exclusive-authorization-and-right-to-sell agreement. When should the agent have disclosed this fact? 8 of 12 Fannie Mae does all of the following activities except which? Maximize the return to the property management firm. In order to supplement their fixed income, the Sandlers receive monthly checks from their bank. B. Pleases the sellers by inv=creasing activity. Their interest rate will rise after the first few years. Why is it important for licensees to understand the Americans with Disabilities Act? B. A. The listing agent must provide the disclosure to the seller prior to securing the listing agreement. A. B. A. D. In most situations, an assistant should not have the responsibility of in-person contact with clients. 3 of 10 Which of the following forms is non-standard and should be prepared by a broker to give to sellers? The purchase price, plus improvements, C. The fair market value at the time of sale. 3- In what three ways can an assistant aid an agent with appointments? 3- For whom do property tax exemptions exist and for how much? D. Allows viewing access to strangers. D. Meet with an inspector at a listing. In this case, multiply the monthly income ($600) by 12. Answer: A- Personal Check When the sellers make a counteroffer: they are accepting the original offer with changes. 5- If lenders intend to sell mortgages in the secondary market, what must they do? 9 of 10 All of these might be a buying signal except which? Referral fee to a homeowners insurance agent. C. A borrower can request the cancellation of PMI payments when the equity reaches 20% of the appraised value. D. The borrower gets a note in exchange for a mortgage. "What would you like to offer?" C. If Larry verbally accepted the offer, Kirk is bound by it. D. Once the offer or counteroffer is accepted and the offeror has been notified, a legal contract is formed. D. All adjustable rate mortgages have negative amortization. C. Offer to show the caller a newly-listed, not-yet-advertised property, even if one doesnt exist. 3 of 50 Paul is filling out the Natural Hazard Disclosure Statement. A. Give as much detailed information about the property as you can. 62- When agent Hal shows a home he should never: A. What is the body of law that governs negotiable instruments? The purchase price, plus depreciation, B. 10- Whats the difference between a lease purchase and a lease option? 5- Define the term loan-to-value ratio. 9 of 10 A person who believes he or she has been discriminated against has how long from the time of the alleged violation to file a suit in a state or federal court? B. D. Exclusive-authorization-and-right-to-sell agreement. C. Payments will not be enough to retire the loan. The seller must file a bill of sale with the county clerk. B. 3 of 10 Sara just bought her first new home. B. To purchase conventional, FHA and VA loans, D. To insure conventional, FHA and VA loans. Virtual tours are a very expensive marketing tool to use. C. Is not necessary if the verbal presentation is strong. 4 of 10 Which of these is not an important aspect of selling? D. The appraised value prior to sale Jim has decided that he will learn all he can about the new subdivisions at the west end of town. If Broker Tom procures a buyer for Jack, Tom will get the commission and Alice will not. 16- Dave and Nadine have decided that they want to become property investors. B. Sandy and Bill are putting 30% down on their home purchase. 92- Which of the following situations is not exempt from the seller disclosure requirement? 3 of 10 Which paragraph of the purchase agreement states that if the buyer defaults after acceptance, he or she may be liable for the brokers commission? C. Participation in the MLS increases a licensees inventory. 1- What is important to know about unlicensed real estate assistants? B. What California Fair Housing law has the manager violated? Wait until next week to send an activity report, hoping things will pick up. D. Call the sellers immediately and let them know you wont be coming by. California: Real Estate Practice Ch7 Quiz with no answers. D. Have the broker send a thank you for listing letter to the sellers. 4 of 10 Which is true of an exclusive-authorization-to-acquire-property agreement? buyer randy makes an offer to purchase. California: Real Estate Practice Chapter 13 Quiz with no answers. He asks, Which one of the children gets the basement bedroom with the private entrance? What kind of closing technique is Tim using? Her property taxes would be assessed at: 79- Tom and Mary want to purchase their first home. They were counting on a full-price offer and are very disappointed. 4- What do Fannie Mae and Ginnie Mae do that Freddie Mac does not? buyer randy makes an offer to purchase - fabricadecosas.com B. I will do two practice listing presentations per week with an experienced agent for the next two months. B. Greg has put himself in a potential dual agency situation. Answer: D- Avoid telling him the price by setting up an immediate appointment. D. Gross income must be based on hours worked. A broker might need to change the layout of the office to make the aisles wider for clients in wheelchairs. 15 of 50 Agent Will has had a listing with the Bryants for 6 weeks. sam neill laura tingle split 33- Which statement is true about a loan that has a negative amortization? The steps to make an offer to purchase | DuProprio B. D. Seeking buyers for others agents listings. \text { Annual testing cost } & 543,000 \\ 4. 6 of 10 Which of the following is not a true statement? 100- What does the Real Estate Disclosure Law refer to? 16 juin 2022 why do babies clap their feet. Negotiate agreements regarding commission structuring. Ask the caller if he or she would like to receive e-mails on newly listed properties. 6 of 10 A buyer calls your office to inquire about a property he saw advertised. munich latitude compared to us; pro sun tan. Which statement is true? Supervises the Truth in Lending Act. 46 of 50 Greg grew up in and lives in a rural area. 4- Why is coordinating escrow so important and how can an assistant help? C. The date the lender receives her application. Which statement is TRUE? C. Insurance agents dealing with customers.