45 HOUR POST LICENSING EXAM CORRECT 100%

45 HOUR POST LICENSING EXAM CORRECT 100%
Question : A married couple have prequalified for a
$240,000 conventional mortgage. If they put 20% down,
they can buy a house for
Correct answer: $300,000
Question : What facts need not be disclosed in a real
estate transaction?
Correct answer: The property was the site of a homicide.
Question : What is a good graphic to show a seller that
there will be more activity if the property is competitively
priced?
Correct answer: The pricing pyramid
Question : A home sells for $310,500. Expenses of the
sale are $4,800. The brokerage fee is $18,630. Prorations
for taxes and interest are $5,036. The mortgage payoff is
$181,500. What are the seller's proceeds from the sale?

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