- •Examination paper 1.
- •Examination paper 2.
- •Examination paper 3.
- •Examination paper 4.
- •Examination paper 5.
- •Examination paper 6.
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- •Examination paper 9.
- •Examination paper 10.
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- •Examination paper 12.
- •Examination paper 13.
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- •Examination paper 17.
- •Examination paper 18.
- •Examination paper 19.
- •Examination paper 20.
Examination paper 1.
Name and surname ___________________________________________________________________
Group ________________ Date ___________________________________________________
Task 1. Mark the statements as true (T) or false (F).
1. |
There's no difference between the home’s assessed value and the market value. |
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2. |
The true market value is the price that a buyer is willing to pay in a particular market. |
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3. |
You should ask the professional real estate agent to figure out what the assessed-to-sale price ratio is in your local municipality. |
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4. |
Most areas are selling, for average, of about sixty to ninety percent of their assessed |
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values currently stated on their tax bill. |
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5. |
Pricing a home in today's real estate market is not difficult to figure out. |
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6. |
You use an assessed value to help in the pricing of your home. |
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7. |
With the proper information we can all get this real estate market going in the right |
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direction. |
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Task 2. Underline the right answer.
1. |
What topic is very important on today's real estate market? |
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a) the price a buyer is willing to pay |
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b) an additional listing price |
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c) a home-owner’s assessed value |
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d) the market value of a home |
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2. |
What item is not necessarily considered when selling a home? |
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a) taxation |
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b) supplied inventory |
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c) the availability of mortgage money |
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d) the mortgage rates |
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3. |
Who is looking at the assessed values to help determine the additional listing price? |
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a) buyers |
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b) municipalities |
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c) sellers |
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d) tax assessors |
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4. |
Why are the assessed values significantly higher, than what a buyer is willing to pay for |
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the home? |
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a) it is difficult to figure them out |
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b) they had not been changed yet |
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c) because of the price ratio |
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d) because of the taxation |
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5. |
Whom should you ask to figure out what the assessed-to-sale price ratio is in your local |
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municipality? |
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a) a municipality clerk |
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b) a tax assessor |
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c) an appraiser |
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d) a professional real estate agent |
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6. |
Where are the assessed values stated? |
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a) on the tax bill |
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b) on a buyer’s market |
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c) in a particular market |
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d) in the municipality |
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7. |
In what way can we get the real estate market going in the right direction? |
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a) pricing the home |
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b) making the correct adjustments |
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c) getting tools needed to price the home |
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d) having the proper information |
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SCORE: |
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MARK: |
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