VA Real Estate Study guides, Class notes & Summaries

Transact the client's affairs in a certain business. CORRECT ANSWER A general agency empowers the agent to: The client (seller), the agent (broker), or by mutual consent. CORRECT ANSWER A listing agreement may be terminated by: d. The buyer has had previous credit problems which may have an impact on loan qualifications CORRECT ANSWER Which of the following MUST be disclosed by an agent to his client in a Real Estate transaction. a. Minority groups are moving into the area b. The ave...

VA Real Estate Exam Verified Questions And Answers 2023/2024 VA Real Estate Exam Verified Questions And Answers 2023/2024

VA Real Estate Final Exam Complete Questions And Answers 2023/2024 VA Real Estate Final Exam Complete Questions And Answers 2023/2024

Fannie Mae (FNMA) - ANSWER-Government sponsored private corporation that generates funds for primary lenders by buying and selling FHA, VA and Conventional Loans. Minnie Mae (GNMA) - ANSWER-Federal Agency under HUD that operates the federal subsidy housing loan programs. Freddie Mac (FHLMC) - ANSWER-Organized to borrow money from pension and trust funds to purchase mortgages and pool them together and to sell bonds on the open market with mortgages as security. Primary Mortgage Market -...

Transact the client's affairs in a certain business. - ANSWER-A general agency empowers the agent to: The client (seller), the agent (broker), or by mutual consent. - ANSWER-A listing agreement may be terminated by: d. The buyer has had previous credit problems which may have an impact on loan qualifications - ANSWER-Which of the following MUST be disclosed by an agent to his client in a Real Estate transaction. a. Minority groups are moving into the area b. The average commission re...

VA Real Estate Licensing Exam - National Portion Questions with Complete Solutions VA Real Estate Licensing Exam - National Portion Questions with Complete Solutions VA Real Estate Licensing Exam - National Portion Questions with Complete Solutions Fannie Mae (FNMA) - ANSWER-Government sponsored private corporation that generates funds for primary lenders by buying and selling FHA, VA and Conventional Loans. Minnie Mae (GNMA) - ANSWER-Federal Agency under HUD that operates the federal sub...

VA Real Estate Exam 2023-2024 Questions with Complete Solutions VA Real Estate Exam 2023-2024 Questions with Complete Solutions VA Real Estate Exam 2023-2024 Questions with Complete Solutions VA Real Estate Exam 2023-2024 Questions with Complete Solutions Transact the client's affairs in a certain business. - ANSWER-A general agency empowers the agent to: The client (seller), the agent (broker), or by mutual consent. - ANSWER-A listing agreement may be terminated by: d. The buyer has ha...

Transact the client's affairs in a certain business. - Answer-A general agency empowers the agent to: The client (seller), the agent (broker), or by mutual consent. - Answer-A listing agreement may be terminated by: d. The buyer has had previous credit problems which may have an impact on loan qualifications - Answer-Which of the following MUST be disclosed by an agent to his client in a Real Estate transaction. a. Minority groups are moving into the area b. The average commission re...

According to the VRLTA, a copy of the written rental agreement must be provided to the tenant within ______________ of the agreement's effective date. - Answer-One month In Virginia, a landlord must provide a copy of the written rental agreement. When must this be provided? - Answer-Within one month of the agreement's effective date Which of the following is a task that a licensee could perform for a customer in a transaction? - Answer-Providing the opposing party with signed copies of p...