Question: Question 1 & Explain Answer Please The owner of a property a broker has listed is very proud of the fact that he recenly finished
Question 1 & Explain Answer Please
The owner of a property a broker has listed is very proud of the fact that he recenly finished the basement to provide a very coniortable family room and a spare bedroom. How should the broker use this information?
A - Measure the square footage of the newly finished area to be sure all of the available living area is lisled in marketing materials. B - Ask the seller to confirm that the modifications were done with a building permit from the city and ask him to provide a copy of that permit. C - Check the quality of the work to be sure it shows well for prospective buyers. If it does not, assist the seller in staging the area to look its best and minimize any visible problems. D - Highlight this family room and bedroom in the description of the property features. The broker could say something like "Perfect for a growing family with a teen bedroom in the basement."
Question 2
Interest rates charged by banks in the primary market are most ikely a result of the actions of which agency?
A - Consumer Financial Protection Board B - HUD (for FHA and VA loans) C - Federal Reserve Board D - Fannie Mae
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