Learn terms and topics you need to understand for the real estate exam finance section: Reverse Mortgages: - Minimum qualifying age for a reverse mortgage is 62. - Reverse
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- Author: Maria Center
Learn terms and topics you need to understand for the real estate exam finance section: Reverse Mortgages: - Minimum qualifying age for a reverse mortgage is 62. - Reverse
Real Estate Exam Vocabulary included topics:various types of listings such as exclusive agency listing, where the seller can bypass the broker's commission if they sell the property themselves,
Key Topics Covered: EstoppelFiduciary DutyBilateral vs. Unilateral Contracts ConsiderationLiquidated DamagesAssignment of ContractsStatute of Frauds
Key Topics Covered: Antitrust Laws:Price fixing: An illegal practice where competitors agree on prices.Group boycotting: Coordinated effort to exclude a party from business.Tie-in arrangements: Forcing customers to buy another
This video reviews some key concepts you need to understand when studying for the Real Estate Exam Valuation and Marketing (Appraisal) Section.Understanding CMAs:The video begins by discussing the
Amortization charts can be daunting for many in the real estate industry, but they are a crucial tool for understanding loan payments and amounts. This video offers insights
If you've been attending real estate classes, you know that there are many vocabulary terms and understanding each term and concept is essential for the real estate exam.
How do we solve real estate math problems involving points? Remember that 1 point costs 1 percent of the loan amount. In the video below, we work through