True or False: A realtor can help you find a home you like and can afford.

Q: Why do insurance companies offer discounts on new houses opposed to old ones?

A: Insurance companies offer discounts on new houses opposed to old one because:

Q: Answer the following questions What do you think of Brad and Barbara’s seeking help for Brad’s…

A: What do you think of Brad and Barbara’s seeking help for Brad’s parents? Ans: As they are recently…

Q: You are going to be a partner of your friend in a real estate business. How will you do it?

A: Friendships tend to be the foundation of many effective organisations in some instances. Pairs of…

Q: Explain at least two benefits of using a real estate broker.

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Suppose financial intermediaries did not exist and only direct finance was possible. How would this…

A: A financial intermediary is a company or people that acts as a go-between for various parties to…

Q: In what circumstance would a property insurance claim be rejected?

A: An insurance claim is a written request for coverage or compensation from an insurance company for a…

Q: You are considering giving a loan to a prospective commercial property investor. You are concerned…

A: Debt service coverage ratio is the ratio that tells the available cash with the firm to repay its…

Q: II. Case Application. Answer the following situations by applying what you have le the previous…

A: Insurance is important and necessary part of life due to too much risk involved in the life of…

Q: If you are a borrower, it is better to borrow money in a lender who offers _______.

A: A lender is an individual, a public or private group, or a financial institution that makes funds…

Q: Explain the Other characteristics of home equity loans?

A: A type of loan under which equity is used as collateral by the borrower is known as a home equity…

Q: Explain the differences between actual cash value (ACV) and replacement cost for homeowner’s…

A: The difference between actual cash value coverage and replacement cost coverage is the depreciation.…

Q: When would you would use a Personal Loan? Why would you choose a Personal Loan over other methods of…

A: “Since you have posted multiple questions, we will solve fist question for you. If you want any…

Q: 1. Virendra decides to open a Sub Way outlet in his locality for which he will need certain assets…

A: Statement Of Financial Position is also known as balance sheet. It is part of financial statements…

Q: Why would a buyer want to have a contract with a real estate brokerage?  What benefits would there…

A: Contract - It is kind of written agreement in the arrangement where one concerning about sales,…

Q: Discuss whether a Mortgage Reducing Term Takaful can be taken for coverage of a conventional housing…

A: MRTT or Mortgage Reducing Term Takaful is referred as the takaful plan, which offers the home…

Q: Briefly describe the process that led from a homeowner purchasinga home to an investor purchasing a…

A: CDO is the security that is issued to several investors backed by the collateral assets held by the…

Q: How can be Mortgage Transfer to a New Owner?

A: Assumable mortgage refers when a mortgaged property is sold along with the loan. Buyer in this case,…

Q: Housing meets [_ ] needs when it provides a place to gather with family and friends and provides a…

A: Maslow's hierarchy of needs is a theory that states five categories of human needs based on…

Q: 1. Identify any issues pertaining to financial regulations that would cause people to lose their…

A: Financial regulations are the supervisions and management regulations that are levied on the…

Q: What are the factors that you need to consider in applying for a loan? Why is it important to…

A: When applying for a loan one need to consider several factors at play. Some of them are quantitative…

Q: If you were to open a small business, such as a local landscaping business, what form of ownership…

A: A landscaping business can be described for the reasons of this subdivision as a business that…

Q: Explain the disadvantages and dangers of Home Equity Loans.

A: The disadvantages of home equity loans:Higher rate of interest: The interest rates are typically…

Q: Virendra decides to open a Sub Way outlet in his locality for which he will need certain assets and…

A: Assets:   An asset is anything of value or a resource of value that can be converted into cash.…

Q: f a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: A. A refinance loan involves revision of loan terms. For example: If there is a drop in interest…

Q: How does renter’s insurance differ from other home insurance policies?

A: Insurance is a contract between the company and the individual for protecting the specific assets…

Q: Compare the advantages of renting to buying. Why is it not always better to buy a house then to rent…

A: Renting a house meaning the right to use the property with owning it. Buying the house means the…

Q: You are considering giving a loan to a prospective commercial property investor. You are concerned…

A: Debt Consolidation (DSCR) is a measure of a company's cash flow to pay off current liabilities. DSCR…

Q: Why might a borrower be willing to pay a higher price for a home with an assumable loan?

A: An assumable loan is a  loan that can be taken over by a purchaser, who may then continue making…

Q: Is real estate mortgage a real contract?

A: When two parties are get into contract for the purpose of sale and purchase in order to agreeing…

Q: If a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: Most clients take a home loan for purchasing real estate. For this they have to comply with certain…

Q: Under what conditions might a property with an assumable loan sell for more than comparable…

A: Property along with the assumable loan is expected to be sold for more than the comparable property…

Factors Affecting Housing Decision