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45 HOUR POST LICENSING EXAM QUESTIONS WITH ANSWERS 2024-2025

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45 HOUR POST LICENSING EXAM QUESTIONS WITH ANSWERS 2024-2025 A married couple have prequalified for a $240,000 conventional mortgage. If they put 20% down, they can buy a house for $300,000 What ... facts need not be disclosed in a real estate transaction? The property was the site of a homicide. What is a good graphic to show a seller that there will be more activity if the property is competitively priced? The pricing pyramid A home sells for $310,500. Expenses of the sale are $4,800. The brokerage fee is $18,630. Prorations for taxes and interest are $5,036. The mortgage payoff is $181,500. What are the seller's proceeds from the sale? $100,534 Filing a suit to quiet title is used when a title defect is found, which is difficult to remove by ordinary means. What are the benefits of restrictive covenants? Maintain and enhance value What's the downside for a principal who has a single agent? Responsible for the single agent's acts What is the likely cause of a contract for sale of real estate being ruled as unenforceable? Unwritten agreement Aside from a property's location, what is the most important factor that influences market value? [Show More]

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