Category: Real Estate

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in rea

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in real estate, please define what a material fact is, give examples.
2. Name and describe the 5 different sections to the Transfer Disclosure Statement (see pages 73 – 75).
3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement (see pages 62 – 63).
4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?
5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ? (see pages 76 – 78).
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 4” in the Module and make sure to review the PowerPoint.

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in rea

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in real estate, please define what a material fact is, give examples.
2. Name and describe the 5 different sections to the Transfer Disclosure Statement (see pages 73 – 75).
3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement (see pages 62 – 63).
4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?
5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ? (see pages 76 – 78).
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 4” in the Module and make sure to review the PowerPoint.

Questions:
CHAPTER 7 – Encumbrances, Liens & Homesteads:
1. Define an Encumbranc

Questions:
CHAPTER 7 – Encumbrances, Liens & Homesteads:
1. Define an Encumbrance and explain the two basic categories of an Encumbrance.
2. Define an Easement and name the 5 ways in which an Easement can be created.
3. Name and describe the 5 ways to terminate an Easement.
4. Describe and give an example of each of the following: Voluntary Lien, Involuntary Lien, General Lien and Specific Lien.
5. Regarding mechanic’s liens; if an owner files a Notice of Completion what is the filing time for the general contractor (for a mechanic’s lien)? For a sub-contractor? And for all mechanics if the owner did not file a notice of completion?

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in rea

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in real estate, please define what a material fact is, give examples.
2. Name and describe the 5 different sections to the Transfer Disclosure Statement (see pages 73 – 75).
3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement (see pages 62 – 63).
4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?
5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ? (see pages 76 – 78).
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 4” in the Module and make sure to review the PowerPoint.

Instructions
Please write a Full 2-page paper on, “What causes mortgage interest

Instructions
Please write a Full 2-page paper on, “What causes mortgage interest rates to change?” Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
One inch margin maximum on all four sides of both pages. Regular 12-pt type, no large typeface.
Guidance
Some guidance on what causes mortgage interest rates to change.
Supply and demand
Inflation
Employment/ Unemployment
Government deficit spending
Government borrowing money
Federal Reserve actions
The New York Stock Market
Unstable political conditions throughout the world
Some websites to consider looking at
www.federalreserve.govLinks to an external site.
www.fhfa.govLinks to an external site.
www.bankrate.comLinks to an external site.
www.fanniemae.comLinks to an external site.
www.freddiemac.comLinks to an external site.

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in rea

Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in real estate, please define what a material fact is, give examples.
2. Name and describe the 5 different sections to the Transfer Disclosure Statement (see pages 73 – 75).
3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement (see pages 62 – 63).
4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?
5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ? (see pages 76 – 78).
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 4” in the Module and make sure to review the PowerPoint.

Questions:
CHAPTER 3 – Real Estate Agency
1. Who is considered the Principal in

Questions:
CHAPTER 3 – Real Estate Agency
1. Who is considered the Principal in a real estate relationship? Define ‘agency’ as according to the California Civil Code. Explain what is a Fiduciary Relationship, how is it created and how does it obligate the agent?
2. Name and ‘Define’ the 3 ways a real estate agency is created, be specific. Which one of the three is the most common?
3. Explain the difference between an independent contractor and an employee of a real estate office.
4. Can a real estate agent represent both the buyer and seller on the same transaction at the same time? Why or why not? Name three occasions when the Disclosure Regarding Real Estate Agency Relationships Form must be completed.
5. What is a “Trust Account’ ? What is ‘commingling’ ? What three (3) choices does a real estate agent have to make with a buyer’s deposit within 3 business days (if the buyer did not ask to have the check held uncashed)?
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 3” in the Module and make sure to review the PowerPoint.

For the three main U.S. Asset Classes: (1) Equities, (2) Fixed Income Securities

For the three main U.S. Asset Classes: (1) Equities, (2) Fixed Income Securities, and (3) Real Estate quantify the return, risk, and correlation matrix across three different timelines: (1) 5-year, (2) 10-year, and (3) 15-year. Please note that finding the data (which is all available publicly over the internet for free) is a large part of this assignment. Also, residential data only can be used at the proxy for all real estate.
The following two tables are required to be completed for each time period, i.e. 5-, 10-, and 15- years. The first is a summary table of each period’s return, risk, efficiency, and P(Loss). The second, correlation matrix, will be required for each time period (three in total). It is recommended that the analysis be year-over-year returns calculated on a monthly basis, i.e. Holding Period Returns on a monthly basis. The assignment must be written and presented in memorandum format. Please explain in the memo how you completed the assignment.
Hints:
1. Start with pulling the raw data, monthly values. Use Adjusted close values (these adjust for dividends, coupons, etc.)
2. Raw Data
a. Equity – S&P500
b. Fixed Income – VBMFX
c. Real Estate – Case-Shiller Comp-10
3. Finding Data
a. This is a large part of the assignment
4. Calculate Holding Period Returns (HPR) (After monthly raw data is in your possession in
MS Excel format)
a. Example:
i. Jan10’/Jan09’ – 1 (Year-over-Year return for Jan10’)
ii. This is ONE data point
b. Transform the raw data to Holding Period Returns
c. Note: You will need 72 pieces of raw data to produce 60 HPRs
5. Calculate 5-, 10- and 15-year average returns for each asset class
6. Calculate 5-, 10- and 15-year standard deviations for each asset class
7. Calculate 5-, 10- and 15-year Coefficient of Variation (CV)
8. Calculate 5-, 10- and 15-year P(Gain) (Hint: See Return of Capital Memorandum)
9. Calculate the 5-, 10- and 15-year correlation matrices for the asset classes
Please note: this is a very important assignment. Not from a grade perspective (5.00%) but from a conceptual understanding of return and risk. We will discuss further in class.

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
1. ‘Define’ the Primary Mortgage Market, give some examples.
2. ‘Name’ and ‘Describe’ the Direct (Institutional) Lenders and the Indirect (Noninstitutional) Lenders, give some examples.
3. ‘Explain’ the term Disintermediation and why it has been happening for years now.
4. ‘Differentiate’ between a conforming loan and a portfolio loan.
5. ‘Discuss’ what a Real Estate Investment Trust (REIT) is and give some examples.
Note: Please number your responses to match the questions.

Please Note: Once your assignment is submitted and graded, the grade will be fin

Please Note: Once your assignment is submitted and graded, the grade will be final, no re-submissions will be allowed.
Questions:
CHAPTER 4 – Real Estate Disclosures:
1. Regarding disclosures in real estate, please define what a material fact is, give examples.
2. Name and describe the 5 different sections to the Transfer Disclosure Statement (see pages 73 – 75).
3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement (see pages 62 – 63).
4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?
5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ? (see pages 76 – 78).
Hint: If you have not obtained the required textbook as yet, I have posted the chapter reading under “Read Chapter 4” in the Module and make sure to review the PowerPoint.