Question: Question 1 & Explain Answer Please A lender is only interested in making loans that can be sold on the secondary market. He is currently

Question 1 & Explain Answer Please

A lender is only interested in making loans that can be sold on the secondary market. He is currently in the process of qualifying his client for a new loan to purchase a winery. The lender is relying primarily on the Buyer's creditworthiness and results of the appraisal, along with other information regarding the buyers ability to make required payments. In this situation, what loan is the buyer most likely to get following approval?

A - hard money loan B - FHA insured loan C - VA guaranteed loan D - conventional loan

Question 2

Barbara Buyer wanted an agent to represent her, but did not wish to commit to just one. She also wanted to be able to purchase a property on her own without an agent. What type buyer agency contract should she seek?

A - An exclusive-agency buyer agency agreement will allow for this. B - Only an open buyer agency agreement will satisfy all of her wishes. C - She may enter into any agency relationship she likes and terminate at will. D - An exclusive buyer agency agreement that allows for early termination will best meet her needs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

a lender is only interested in making loans that can be sold on the secondary market. he is currently in the process of qualifying his clients for a new loan to purchase a winery

Please only answer question one ONLY! QUESTION ONE STATES: Question 1: Based on the data in the case and after making logical assumptions make an estimate of the Revenues, Costs and Profits of the...

MNG3702/101/3/2016 Tutorial Letter 101/3/2016 Strategy Implementation and Control MNG3702 Semesters 1 and 2 Department of Business Management PLEASE NOTE: This tutorial letter contains important...

Thank for any help. 16 Enviro Pure Water, Inc.* Manish (Manny) Krishna established his company, Enviro Pure Water, Inc. (Enviro), to market a product designed to purify drinking water. The product,...

QUESTION ONE STATES: Question 1: Based on the data in the case and after making logical assumptions make an estimate of the Revenues, Costs and Profits of the firm for each of the first five years....

1)Based on data given in the Virgin Mobile case, on average how long did it take for the carriers to break even on the acquisition cost? (6 pts.) HINT: Break-even time = Acquisition cost / average...

Answer question 1 and 2 please. 1)Based on Problems in Achieving Acquisition Success, explain (speculate if necessary) how each of the 7 problems may or may not apply to ATT's acquisition of TWC....

The Bean Boiler is Primo Caf's most basic model. The main materials used in manufacturing the Bean Boiler are aluminum and plastic. There are lots of suppliers for these materials. At present, Primo...

2. Contraction of the cremaster muscle produces an erection moves sperm through the ductus deferens keeps the sperm 3 degrees cooler causes the characteristic wrinkling of the surface of the scrotum

Product A is produced for $3.36 per pound. Product A can be sold without additional processing for $4.05 per pound or processed further into Product B at an additional cost of $0.48 per pound....

Is this stantement true of false: Shares with a beta of zero offer an expected rate of return of zero?

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....