A married couple asked a licensee how they should take ownership to a property they are building. The licensee should recommend the consult:
A. A real estate broker.
B. A lender.
C. A title company.
D. An attorney.
Answer: D. An attorney.
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The factor which usually has the greatest influence on mortgage interest rates is the:
A: Condition of the money market; B: Value of the property; C: Term of the loan; D: Stabilizing effect of combining ultraconservative and over-optimistic practices of mortgage lenders.
Which of the following is a potential drawback to starting with conclusions in an analytical report?
A) The analytical report must be written using the direct approach. B) The main idea is communicated to quickly for most audiences. C) There may be the impression that you have thoroughly researched the information presented. D) There may be the impression that you have oversimplified the situation. E) It may be more difficult to find the evidence to support the analysis.