Real Estate Broker- The Right Choice It has come to my attention that I am growing up and I will soon need to choose a career path. As of now‚ I have about four and a half years to decide and outline my future. To some people‚ that may seem like a huge amount of time‚ but when you think about it‚ that isn’t much time. This is why I’ve decided the career path I would like to take‚ as of now that is. I will tell you my hobbies before my career choice so you can see that it is the perfect choice for
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least four building options for your company. First you have to identify what type of business you are opening. Circle the option below: Retail Manufacturing Office Wholesaling Using GOOGLE.com search “Commercial Real Estate in Louisville‚ KY” look at various real estate companies properties to find the information below. Building 1 Address: 4200 Shelbyville Rd Louisville‚ KY 40207 Square footage: 11‚146 SF Building Type: Shopping Center for Lease SqFt of parking lot: (only if
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Mark Down‚ who is 74 years old‚ made a will leaving all of his assets to his children. He also executed a power of attorney‚ giving his son‚ Slowe‚ permission to handle all of his financial assets. Slowe is now worried that Mark may need Medicaid assistance in the future and wants to remove his assets‚ from his name‚ and give them to his children. Under the current law‚ Mark will be ineligible for Medicaid for a period of 5 years after the gift transfer is made‚ so it’s in Marks best interest to
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empirical evidence from official reports‚ media‚ and academic research. Findings – The authors find a high degree of adoption of IFRS FVA standards in China’s 2007GAAP for financial instruments‚ but many differences for non-financial long-term asset investments. Standard setters justify this divergence by fundamental characteristics of the Chinese environment. The resulting differences from IFRS in the 2007GAAP FVA standards‚ and in their implementation‚ challenge official claims of “substantial convergence”
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When it comes to selling and buying a home‚ real estate legal liability has several components that involve representing the property‚ protecting the interest of all parties‚ and neglecting parts of the sales process. Sellers are more likely to be confronted with legal liabilities pertain to the home’s condition s found during the home inspection and after the sale‚ once the buyers take occupancy. Legal liabilities for sellers after the home is sold and transfer of ownership is complete may exist
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Exam Principles of Real Estate: Chapters 5 and 6 What is an estate? An estate in land determines the legally recognized interest the person has in the real property. There are two main types of estates in real estate Freehold estate- is owner for an indefinite duration. Time is uncertain. (you own the land) There are three types of Freehold estates. 1. Fee simple absolute 2. Fee simple defeasible 3. Life estates. Fee simple absolute: gives the real estate holder complete rights
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$350‚000 on their own home worth $480‚000. The mortgage costs them $2‚566 per month. They own‚ as joint tenants‚ an investment unit‚ worth $210‚000 which they paid $105‚000 for 8 years ago. The tenant pays $175 per week. There is an interest only line of credit of $110‚000 costing 7.5% p.a. The body corporate fees are $500 per quarter‚ Water rates are $250 per quarter and the Real Estate agent managing the property charges 7%. Insurance on the contents is $350 p.a. They have three children 9 months
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before rushing to "ink the deal‚" understand that real estate professionals are required to provide written disclosures to their clients on a variety of important items necessary to the transaction‚ as they directly affect the buying or selling decision. Here are 8 areas where written disclosure should be or are required: 1. Affiliate Disclosures. These days‚ it’s common for a mortgage company to have a business interest in a title company or a real estate brokerage to also own a mortgage company. These
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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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In the passage “The Supermarket: Prime Real Estate‚” by Marion Nestle‚ Nestle informs readers about supermarkets all over the country that influence their customer’s choices by the layout of their store and specific ways products are sold. Nestle goes into detail about these tactics and the huge amount of research that has gone into consumer science. She continues by discussing why supermarkets are a market similar to real estate‚ how companies rent space‚ and how it all works together to make customers
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