Real Estate > EXAM > NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS 2025 (All)
NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS 2025
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NATIONAL REAL ESTATE EXAM PRACTICE QUESTIONS AND 100% CORRECT ANSWERS Which of the following closings would be covered by RESPA (1-4 residential family housing) -Answer-a condominium When does the... buyer under contract for deed get title to the property? - Answer-when the final loan payment is made What is another name for Contract for Deed -Answer-installment contract What department of the government oversees the FHA insurance program? - Answer-HUD A buyer is aware that the interest rates should go down over the nest few months. What type of loan should he get to enable him to buy now and take advantage of declining rates in the future? -Answer-ARM Which of the following is unlikely to have a negative impact on seller's credit score? -Answer-a straight assumption In rental properties, increased demand can be the result of -Answer-high mortgage interest rates Which of the following would not be eligible for a VA loan -Answer-a parent or sibling of a veteranWhat is required of a loan servicer before foreclosing on a VA loan -Answerthe VA must be notified before the foreclosure Who must be notified to take money out of the trust account in a real estate transaction? -Answer-both buyer and seller [Show More]
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