buyer randy makes an offer to purchase

The borrowers family in case of his or her death, B. D. Meet with the buyers lender to ensure theyre getting a good deal. B. D. Make sure all light bulbs and lamps are working and are bright. 4. D. After the agent has had time to make copies at the office. Smoke Detector Statement of Compliance, D. Sellers Affidavit of Nonforeign Status and/or California Withholding Exemption. 5- How do life insurance companies get involved in the investment market? Which of the following would be the least likely place for them to obtain a loan? 8- When studying the characteristics of an area in which an investment property is located, what factors should the investor look at carefully? 4 of 10 Once an offer has been accepted, the agent should do all of the following except which? The home comes equipped with all furnishings. A. I will make two new contacts every day this week. 1 of 10 The Lead-Based Paint Disclosure is required for homes built: 2 of 10 Which of these documents is for sellers only and not for buyers? 2. buyer randy makes an offer to purchase - ftp.ivnowandzen.com 6- What items can an owner of an income-producing property deduct that an owner of a personal residence cannot? C. Present Alexs offer first since it came in first. Post by; on fulgrim vs guilliman excerpt; clubhouse baseball iphone . The listing price of a house is $139,900. B. D. Greg has no fiduciary responsibilities to Kim once the listing expired. 9- What is the basic purpose of Truth in Lending Regulation Z? Negotiate agreements regarding commission structuring. A. B. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. Checking your browser. 24 of 50 Tim thinks his buyers are ready to make an offer. Mortgage bankers bring borrowers and lenders together. Sam plans to overnight the acceptance on Monday. 7- What happens if the parties do not initial the section of dispute resolution that deals with binding arbitration? Buys conventional, FHA and VA loans. 3- When making your presentation, what topics should you cover? B. Greg has put himself in a potential dual agency situation. buyer randy makes an offer to purchase - fridarestaurant.com 4- Amanda calls broker Tim to schedule a showing of one of his listings. 100- What does the Real Estate Disclosure Law refer to? C. Once filed, it remains until terminated. Which would NOT result from the exercise of police power? C. Jim and Amanda whisper and frown when they see the basement. Mary wants to make an offer on a house that is 25% lower than the asking price. 56- Which is not a true statement about the Agency Disclosure? Tommy Gee encounters an owner of a property who has no equity in the home because of a sharp decline in market values. They will have a number of new expenses as a result of this purchase. 3 of 10 Jake has received two offers on one of his listings. California: Real Estate Practice Chapter 16 Quiz with no answers, 1 of 10 According to FIRPTA, what percent would a buyer who is buying the property as a personal residence need to withhold when purchasing a $200,000 home from a foreigner?. Use as little white space as possible. B. 62- When agent Hal shows a home he should never: A. A. How long must a broker be licensed in order to apply for a temporary broker's license? Is critical to your success in real estate. C. The broker must conduct the escrow personally and not delegate any escrow activities. C. Exclusive-authorization-and-right-to-sell. Only needs to be done periodically. He says to them, Would you prefer to take possession on September 1 or October 1? What kind of closing technique is Harry using? $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. B. Click the "Allow" button. B. At the time the agent presents an offer. 4 of 10 Which is true of an exclusive-authorization-to-acquire-property agreement? What kind of closing technique is Harry using? D. Arrange to meet the prospect at your office. Gives the names of lawyers who might require property assistance. A. C. Giving buyers your opinion of what works best for them. D. Understanding characteristics of the rental market. Billy's agent tells him that he needs, When using the cost approach to appraise a property, the appraiser is most likely working for the, insurance company trying to obtain a replacement cost on the property. 11. D. Broker Tom has only limited responsibility for the actions of his licensees. It must be in writing to be enforceable. What property type will he be dealing with? Checking your browser. A. A. D. Buyer indemnity and seller protection. The monthly net rental is $600. 3 of 10 Sara just bought her first new home. Broker Bob has a listing with Sam Seller and calls Sam to tell him Bob has received an offer from a buyer. 2 of 10 Offering a buyer more than one option and having him or her choose is using what kind of closing technique? buyer randy makes an offer to purchase - pet-anneve.com The seller accepts the offer by signing it, puts the accepted offer in an envelope addressed to the buyer, and places it in a U.S. mailbox. 7 of 10 Which document shows the assets and liabilities of a business? Gross income must be based on production. Tell the sellers exactly how she feels and why she thinks the offer is not a good one. Follow the below steps to write a solid purchase agreement: Step 1 - Buyer and Seller Details. Two weeks before the close of seller Jan's property, buyer Sam makes an offer. is 0.4. C. The owner has 45 days to pay the new property taxes. A broker may advertise that he or she is an escrow agent. Broker Bob has a buyer who has seen a property twice and seems ready to make an offer. Mary makes an offer to purchase a duplex from Sam. Who would be exempt under New Jersey fair housing law? 4- What is the agreement that a broker can enter into with a buyer? 9 of 12 When a lender is evaluating a buyers ability to repay a loan, the lender looks at all of these items except which one? Bob Broker represents Sam Seller. Referral fee to a homeowners insurance agent. C. Consider child support payments in the decision. A week later, the salesperson takes a new listing and prepares an offer for her seller from her brother/client. Which statement is true? She can do all of the following except which? B. 74- Which statement is not true about an agency relationship? Better yet, try to avoid deal breakers. Answer a question with a question when possible. Jim has decided that he will learn all he can about the new subdivisions at the west end of town. A. The borrower makes payments of interest only over the term of the loan. 2- Explain the difference between the primary and secondary mortgage markets. 2. buyer randy makes an offer to purchase. For income tax purposes, the IRS would probably classify Patrick as: 32- Broker Alice has a listing agreement with Jack. 4- Agent Greg receives a call about one of his firms ads. Display lots of family photos to impress potential buyers. C. The loan term will extend gradually over time. B. B. Which of the following items can Matt not add to the original cost when doing the computation? 1. 5 of 10 What would be the least effective way to get to know your buyers needs? Which is a true statement? A. C. Guarantees payment of all interest and principal on mortgage-backed securities. C. Regulating reserves of institutions with savings accounts only. Answer: D- Return the money to buyer Norm. 33 of 50 Sal bought a personal residence for $150,000. D. Gross income must be based on hours worked. What would you say about Sallys behavior? Answer: B- The contract is voidable due to mutual mistake. Broker Alice holds an uncashed check until the offer is accepted. 10- Whats the difference between a lease purchase and a lease option? The sellers want the earnest money check made payable to them instead. 38- When using the straight-line method of depreciation, each year of economic age is given a rate that, A. Varies each year according to a table provided by the IRS, B. C. It must specify a definite termination date. How can you prepare your sellers for receiving offers? A. 8- What is important for a broker to remember about the Foreign Investment in Real Property Tax Act? Mortgage brokers do not lend money. His property taxes would be assessed at: 6 of 10 When a person acquires new property, which is true? 23 of 50 Which of the following statements best describes what happens in a mortgage loan transaction? Give a discount to families with children. 39- When doing a competitive market analysis, an agent looks at all but which of the following factors? 14 of 50 The title report on a property shows there is a lien on the property. 8 of 10 Which of the following is a good direct mail technique? Then present the $208,000 offer. A. California: Real Estate Practice Chapter 14 Quiz with no answers. 1 of 10 Which figure represents the amount of income available as a return to an investor? Is depreciation accounted for by a hospital? D. Chris is a buyer's agent. 1- When preparing to present an offer to the sellers, what kinds of supporting information can be helpful? The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. This practice is: 24- When talking to his investment clients, Broker Adam often to tax shelters. 6 of 10 Which of the following is not an item that a buyer usually pays at closing? She would likely be required to do which of the following? 3 of 10 Which of the following statements is NOT true regarding a broker acting as an escrow agent? A. 1- When is an agency relationship created? 5 of 10 Mike bought his home last year for $150,000. California: Real Estate Practice Ch11 Quiz with no answers. First, determine the amount by which the first $40,000 is reduced; $40,000 x 0.05 = $2,000 (100% - 95% = 5% not covered). Norm gave Pat a $500 earnest money check. Randy gives Tom an earnest money check f Randy gives Tom an earnest money check f Q: according to the law governing mortgage loan brokers what is the maximum commission Broker Dan can charge for securing a The offer with the fewest contingencies How would Grants lease at this time be classified? C. Allow indoor pets to leave their designated area. Ask the caller if he or she would like to receive e-mails on newly listed properties. D. Reduces the monthly payment for a borrower during the initial years. Buyer Norm called and rescinded the offer. 2- What is important to remember about multiple offers? C. Neither Sarah nor Ken can get employer-provided health insurance. What type of relationship best describes how a real estate broker represents her principal in the sale of the principal's single-family home? D. The advertiser must prove he was grandfathered in as a licensee. St Patrick's Day Pub Crawl 2021, Whataburger Employee Jackets, What Credit Bureau Does One Main Financial Pull, Is Fortiflash Compatible With Tyvek, Does Steve Buscemi Have Graves Disease, Articles B

The borrowers family in case of his or her death, B. D. Meet with the buyers lender to ensure theyre getting a good deal. B. D. Make sure all light bulbs and lamps are working and are bright. 4. D. After the agent has had time to make copies at the office. Smoke Detector Statement of Compliance, D. Sellers Affidavit of Nonforeign Status and/or California Withholding Exemption. 5- How do life insurance companies get involved in the investment market? Which of the following would be the least likely place for them to obtain a loan? 8- When studying the characteristics of an area in which an investment property is located, what factors should the investor look at carefully? 4 of 10 Once an offer has been accepted, the agent should do all of the following except which? The home comes equipped with all furnishings. A. I will make two new contacts every day this week. 1 of 10 The Lead-Based Paint Disclosure is required for homes built: 2 of 10 Which of these documents is for sellers only and not for buyers? 2. buyer randy makes an offer to purchase - ftp.ivnowandzen.com 6- What items can an owner of an income-producing property deduct that an owner of a personal residence cannot? C. Present Alexs offer first since it came in first. Post by; on fulgrim vs guilliman excerpt; clubhouse baseball iphone . The listing price of a house is $139,900. B. D. Greg has no fiduciary responsibilities to Kim once the listing expired. 9- What is the basic purpose of Truth in Lending Regulation Z? Negotiate agreements regarding commission structuring. A. B. 90- Marsha has been keeping track of the effectiveness of her advertising campaigns. Checking your browser. 24 of 50 Tim thinks his buyers are ready to make an offer. Mortgage bankers bring borrowers and lenders together. Sam plans to overnight the acceptance on Monday. 7- What happens if the parties do not initial the section of dispute resolution that deals with binding arbitration? Buys conventional, FHA and VA loans. 3- When making your presentation, what topics should you cover? B. Greg has put himself in a potential dual agency situation. buyer randy makes an offer to purchase - fridarestaurant.com 4- Amanda calls broker Tim to schedule a showing of one of his listings. 100- What does the Real Estate Disclosure Law refer to? C. Once filed, it remains until terminated. Which would NOT result from the exercise of police power? C. Jim and Amanda whisper and frown when they see the basement. Mary wants to make an offer on a house that is 25% lower than the asking price. 56- Which is not a true statement about the Agency Disclosure? Tommy Gee encounters an owner of a property who has no equity in the home because of a sharp decline in market values. They will have a number of new expenses as a result of this purchase. 3 of 10 Jake has received two offers on one of his listings. California: Real Estate Practice Chapter 16 Quiz with no answers, 1 of 10 According to FIRPTA, what percent would a buyer who is buying the property as a personal residence need to withhold when purchasing a $200,000 home from a foreigner?. Use as little white space as possible. B. 62- When agent Hal shows a home he should never: A. A. How long must a broker be licensed in order to apply for a temporary broker's license? Is critical to your success in real estate. C. The broker must conduct the escrow personally and not delegate any escrow activities. C. Exclusive-authorization-and-right-to-sell. Only needs to be done periodically. He says to them, Would you prefer to take possession on September 1 or October 1? What kind of closing technique is Harry using? $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. B. Click the "Allow" button. B. At the time the agent presents an offer. 4 of 10 Which is true of an exclusive-authorization-to-acquire-property agreement? What kind of closing technique is Harry using? D. Arrange to meet the prospect at your office. Gives the names of lawyers who might require property assistance. A. C. Giving buyers your opinion of what works best for them. D. Understanding characteristics of the rental market. Billy's agent tells him that he needs, When using the cost approach to appraise a property, the appraiser is most likely working for the, insurance company trying to obtain a replacement cost on the property. 11. D. Broker Tom has only limited responsibility for the actions of his licensees. It must be in writing to be enforceable. What property type will he be dealing with? Checking your browser. A. A. D. Buyer indemnity and seller protection. The monthly net rental is $600. 3 of 10 Sara just bought her first new home. Broker Bob has a listing with Sam Seller and calls Sam to tell him Bob has received an offer from a buyer. 2 of 10 Offering a buyer more than one option and having him or her choose is using what kind of closing technique? buyer randy makes an offer to purchase - pet-anneve.com The seller accepts the offer by signing it, puts the accepted offer in an envelope addressed to the buyer, and places it in a U.S. mailbox. 7 of 10 Which document shows the assets and liabilities of a business? Gross income must be based on production. Tell the sellers exactly how she feels and why she thinks the offer is not a good one. Follow the below steps to write a solid purchase agreement: Step 1 - Buyer and Seller Details. Two weeks before the close of seller Jan's property, buyer Sam makes an offer. is 0.4. C. The owner has 45 days to pay the new property taxes. A broker may advertise that he or she is an escrow agent. Broker Bob has a buyer who has seen a property twice and seems ready to make an offer. Mary makes an offer to purchase a duplex from Sam. Who would be exempt under New Jersey fair housing law? 4- What is the agreement that a broker can enter into with a buyer? 9 of 12 When a lender is evaluating a buyers ability to repay a loan, the lender looks at all of these items except which one? Bob Broker represents Sam Seller. Referral fee to a homeowners insurance agent. C. Consider child support payments in the decision. A week later, the salesperson takes a new listing and prepares an offer for her seller from her brother/client. Which statement is true? She can do all of the following except which? B. 74- Which statement is not true about an agency relationship? Better yet, try to avoid deal breakers. Answer a question with a question when possible. Jim has decided that he will learn all he can about the new subdivisions at the west end of town. A. The borrower makes payments of interest only over the term of the loan. 2- Explain the difference between the primary and secondary mortgage markets. 2. buyer randy makes an offer to purchase. For income tax purposes, the IRS would probably classify Patrick as: 32- Broker Alice has a listing agreement with Jack. 4- Agent Greg receives a call about one of his firms ads. Display lots of family photos to impress potential buyers. C. The loan term will extend gradually over time. B. B. Which of the following items can Matt not add to the original cost when doing the computation? 1. 5 of 10 What would be the least effective way to get to know your buyers needs? Which is a true statement? A. C. Guarantees payment of all interest and principal on mortgage-backed securities. C. Regulating reserves of institutions with savings accounts only. Answer: D- Return the money to buyer Norm. 33 of 50 Sal bought a personal residence for $150,000. D. Gross income must be based on hours worked. What would you say about Sallys behavior? Answer: B- The contract is voidable due to mutual mistake. Broker Alice holds an uncashed check until the offer is accepted. 10- Whats the difference between a lease purchase and a lease option? The sellers want the earnest money check made payable to them instead. 38- When using the straight-line method of depreciation, each year of economic age is given a rate that, A. Varies each year according to a table provided by the IRS, B. C. It must specify a definite termination date. How can you prepare your sellers for receiving offers? A. 8- What is important for a broker to remember about the Foreign Investment in Real Property Tax Act? Mortgage brokers do not lend money. His property taxes would be assessed at: 6 of 10 When a person acquires new property, which is true? 23 of 50 Which of the following statements best describes what happens in a mortgage loan transaction? Give a discount to families with children. 39- When doing a competitive market analysis, an agent looks at all but which of the following factors? 14 of 50 The title report on a property shows there is a lien on the property. 8 of 10 Which of the following is a good direct mail technique? Then present the $208,000 offer. A. California: Real Estate Practice Chapter 14 Quiz with no answers. 1 of 10 Which figure represents the amount of income available as a return to an investor? Is depreciation accounted for by a hospital? D. Chris is a buyer's agent. 1- When preparing to present an offer to the sellers, what kinds of supporting information can be helpful? The Haleys want to get a mortgage that will cover the purchase price plus all the furnishings. This practice is: 24- When talking to his investment clients, Broker Adam often to tax shelters. 6 of 10 Which of the following is not an item that a buyer usually pays at closing? She would likely be required to do which of the following? 3 of 10 Which of the following statements is NOT true regarding a broker acting as an escrow agent? A. 1- When is an agency relationship created? 5 of 10 Mike bought his home last year for $150,000. California: Real Estate Practice Ch11 Quiz with no answers. First, determine the amount by which the first $40,000 is reduced; $40,000 x 0.05 = $2,000 (100% - 95% = 5% not covered). Norm gave Pat a $500 earnest money check. Randy gives Tom an earnest money check f Randy gives Tom an earnest money check f Q: according to the law governing mortgage loan brokers what is the maximum commission Broker Dan can charge for securing a The offer with the fewest contingencies How would Grants lease at this time be classified? C. Allow indoor pets to leave their designated area. Ask the caller if he or she would like to receive e-mails on newly listed properties. D. Reduces the monthly payment for a borrower during the initial years. Buyer Norm called and rescinded the offer. 2- What is important to remember about multiple offers? C. Neither Sarah nor Ken can get employer-provided health insurance. What type of relationship best describes how a real estate broker represents her principal in the sale of the principal's single-family home? D. The advertiser must prove he was grandfathered in as a licensee.

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buyer randy makes an offer to purchase