Real Estate Finance Quiz#2

The following are limitations of market indicators, except

• Price

• Location

• Classification

• Consummated sales

The following are functions of the real estate market, except:

• influences the use of land

• regulates the supply of space

• sets the timing of land development

• enhances supply and demand

The following are determinants of value, except:

• Demand

• Transferability

• Cost

• Scarcity

A financing scheme to assist and enable informal settlers, slum dwellers or residents of

blighted areas, in purchasing through their duly registered community association, the

land they occupy or the land where they will be relocated is referred to as:

• Joint Venture Agreement

• Community Mortgage Program

• Community Development Program

• Urban Development Program

A real estate company that offers common shares to the public which is similar to any

other stock that represents ownership in an operating business:

• Real Estate Investment Company

• Real Estate Development Corporation

• Real Estate Investment Trust

• Real Estate Development Trust

A branch of finance which deals with investing money or wealth in real estate is called:

• Real Estate Finance

• Real Estate Economics

• Real Estate Investment

• Real Estate Investment Trust

A Blanket Mortgage is a real estate mortgage that covers:

• a single property

• several properties

• all properties

• not more than two (2) properties

The National Home Mortgage Finance Corporation was created in 1977 by virtue of Presidential Decree _____, with the mandate of increasing the availability of affordable housing loans to finance the Filipino homebuyer’s on their acquisition of housing units through the development and operation of a secondary market for home mortgages.

• PD1267

• PD957

• PD1517

• PD1216

refers to the comprehensive funds flow system covering the entire housing provision cycle from identification of financial requirements to fund sourcing for various aspects of the housing program, such as lot acquisition, development/construction and end-users’ financing, and securitization of home mortgages and other housing related receivables or financial products;

• Housing Finance

• Housing Development

• Community Mortgage Program

• HDMF

It is a government corporation mandated to increase the availability of affordable housing finance to support the Filipino homebuyers on their acquisition of housing units through the development and operation of a secondary market for home mortgages and other housing related receivable

• NHMFC

• Land Bank

• HDMF

• SSS