Real Estate Questions

W3: Real Estate Contract

Instructions: Please post your response to the following questions:

What is a financing contingency in a Real Estate sales contract?

How are hazard insurance and title insurance different from each other?

W4: Real Estate Listing Agreements

Instructions: Please post your response to the following questions:

Discuss the differences between the following types of listing agreements: open, exclusive agency, and exclusive right to sell. Which type do brokers most likely prefer? Why?

Why is highest and best use analysis important in estimating Market Value?

W5: Residential Development

Instructions: Please post your response to the following questions:

What are the five principal types of residential developments? Write a short description of each.

Explain the steps involved in a feasibility and market analysis for a proposed shopping center.

W6: Space Market/Asset Market

Instructions: Please post your response to the following questions:

What is the difference between a Real Estate Space Market and the Real Estate Asset Market?

When choosing an area in which to live, what should you consider?

W7: FHA and VA Mortgages

Instructions: Please post your response to the following questions:

What are FHA’s and VA’s roles in the mortgage market?

Explain what is meant by an amortizing mortgage.

Lara is buying a new home with a mortgage loan for $245,000.00 at 4.5 percent annual interest with a term of 30 years. What is the amount of the monthly payment necessary to amortize this debt?

W8: Real Estate Investing

Please post your response to the following question:
Discuss the advantages and disadvantages of Real Estate investing.