Midterm Review Ch 2. -What is Real Estate? Land at‚ above and below the earth’s surface‚ plus all things permanently attached to it -Bundle of Rights • legal rights 1. right of exclusive possession 2. right of enjoy‚ent 3. right of disposition • physical rights o Surface rights-Right to use the surface of the earth o Subsurface rights-Right to natural resources lying below surface o Air rights-Right to air space To the technologically feasible height to erect structures Level
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The Benefits of Professional Real Estate Photography Professional quality photographs are fast becoming an essential element of real estate marketing. [image] According to research from the National Association of Realtors‚ 98% of home buyers who searched for a home online said photos were among the most useful features of real-estate websites. You have only seconds to grab the buyer’s attention before they move onto the next listing. Potential clients will more likely skim a listing with low-quality
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anything but sound - but if you already have those down pat then you might want to consider investing in real estate. Here’s why: 1. Real estate investment is relatively easier than other kinds of investments. You do not need to be an expert to start property investment. Some successful property investors actually got into the business without meaning to: they bought a home for themselves
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Purpose There is a place‚ also a need for improved marketing strategies in real estate development industry. Companies in this industry generally limit their marketing activities to marketing communications. Commonly used marketing activities are newspaper and/or TV ads according to size of the project and advertisement budget. Marketing communication activities that are currently used will not be sufficient as industry improves and competition arises. Neither giving full page newspaper ads is marketing
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FIN 331 Final Exam Study Guide 10/15/13 6:34 PM Intro to Real Estate & Time Value of Money • • • Mortgage – a loan you get to buy to piece of property where the property serves as collateral Equity – the amount of your money in the property Down payment – a one time name for your equity o House $150‚000 Mortgage - 120‚000 Equity 30‚000 à Down payment 30‚000 ÷ 150.000 = 20% **What banks like to see • • As you pay off your mortgage‚ your equity goes up LTV (loan to value)
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manner that grants the investor control over the acquired asset. Thus it is distinct from portfolio investment which may cross borders‚ but does not offer such control. Firms which source FDI are known as multinational enterprises’ (MNEs). In this case control is defined as owning 10% or greater of the ordinary shares of an incorporated firm‚ having 10% or more of the voting power for an unincorporated firm or development of a greenfield branch plant that is a permanent establishment of the originating
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Quiz chapter 2 1. __________ refers to the change in the firm’s current assets relative to its current liabilities over some time period. A) Operating cash flow B) Capital spending C) Cash flow to creditors D) Cash flow from assets E) Additions to net working capital 2. If total assets = $550‚ fixed assets = $375‚ current liabilities = $140‚ equity = $265‚ long term debt = $145‚ and current assets is the only remaining item on the balance sheet‚ what is the value of net working
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There are times when a real estate lawyer is extremely helpful in managing your property ownership. Although many realty transactions are handled through listing agents‚ there are occasions when these representatives’ knowledge base just is not adequate. Realtors typically attend training for less than a year‚ while attorneys are required to attend law school for four years post-college. The extensive training of an attorney gives them the ability to advise clients on an array of subjects. Contracts
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/real-estate-license-michigan Is Now The Time If you’ve been considering getting into the real estate license in Michigan‚ there’s no better time than now. Metro areas like Detroit‚ Lansing‚ Ann Arbor and Grand Rapids are seeing a boom in housing sales‚ making licensed realtors an in demand commodity. In addition to favorable market’s housing is industry that remains evergreen. Houses‚ townhomes and condos will always need to be bought and sold‚ and both buyers and sellers need qualified real
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the pursuit of happiness. My ideal future source of income and happiness would be within the field of real estate. I am especially interested in focusing on real estate investment and development. Both my parents were very active in real estate industry for many years. By growing up immersed in the culture of this business‚ I was introduced to the rudimentary process from an early age. Real estate is an attractive option for me because of the personal skills I possess‚ the opportunity to help others
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