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Worksheets2/26/2018
Total questions: 10
Worksheet time: 5mins
Where can you find supply & demand info on MLS
Hot sheets
Absorption Report
Area Statistics
Archive
Where can you find a details flood map?
RPR
GSMLS
REALIST
COUNTY RECORDS
When should you order a title search on a short sale?
Before making an offer
After attorney review
After the home inspection
After you get a commitment
Who pays the transfer tax in a sheriff sale?
Buyer
Sheriff
Bank
Foreclosure Attorney
How long is the redemption period in a sheriff sale?
10 days
1 year
6 months
5 business days
When can schedule a closing?
After the commitment is issued
When the buyer is ready
3 days after the preliminary closing disclosure is signed
After seller moves out
Which program does not allow for the buyer to no money out of pocket?
VA
USDA
FHA
Homestyle
When should an exclusive / non exclusive buyer's agreement be signed?
At the time the contract is singed
At the initial meeting
When you find the right property
After the home is out of attorney review
What does D.U mean when it comes to mortgages? And who uses it?
Desktop Underwriter / Fannie Mae
Desktop Underwriter / Freddie Mac
Denied Unconditionally / Ginnie Mae
Denied Unconditionally / FHA
How much money did Luis Leiva make his 1st year in Real Estate?
$124,000
$15,000
$20,000
$73,000
