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Your Skills Test Result
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Financing
25%
Which of these does a landlord not need to provide to evict a tenant?
Which of these qualifies as a business opportunity?
MLS stands for
The practice of some lenders of imposing unfair, deceptive, and abusive loan practices is known as
Credit
25%
Which of the following is not true regarding the grandfather clause in real estate?
Investing in commercial real estate is considered
A negotiable instrument indicates a borrower’s debt and can be in the form of
What makes up 35% of your credit score calculation?
Mortgage
50%
What type of economy does the United States have?
True of false: An option arm is a fixed-rate mortgage program.
Which of the following are part of the calculation of GDP?
How many units in a multi-family home (apartment, etc.) qualify as a commercial property?
Tex Relief
75%
Assessed valuation tells what the value of the home is by comparing it to similar home sales and _____________ of the property.
A community property is
What age do you have to be to get a reverse mortgage (borrow against your loan since it has high equity?)
A quiet title is used in matters relating to
Building Equity
50%
The main goal of the FHA’s minimum requires is to protect the safety o
Which of the following is true about a joint venture?
An institutional lender is any group or organization that provides loans to
You can get a hard money loan if you have bad credit.
