Rockwell Real Estate Exam Prep – Practice Exams and Study Guides for Washington State Broker Licensing

Rockwell Practice Exam 1, Rockwell exam study
guide, Final Practice -Rockwell, Rockwell Real
Estate Exam WA 2, Rockwell WA Real Estate
Practice Exam 2023

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Terms in this set (519)

,The ability to take full advantage of A. leverage
an investment's appreciation without
having to invest the full cost of the Explanation: Leverage is using borrowed money to
investment is a result of: invest in an asset. The leveraged investor earns a
return on the borrowed funds, as well as on any of
A. leverage the investor's own money that was invested (as a
downpayment, for example).
B. cash flow


C. yield


D. equity

,An advertisement for a house ***A. It doesn't also include the loan's annual
includes only the following phrase percentage rate and other financing terms
about financing: "Assume the owner's
original loan with only a $1,000 B. It doesn't also include the loan's original balance
downpayment!" What is wrong with
this advertisement? C. It doesn't give the brokerage firm's name as
licensed


D. Nothing, so long as it is the real estate licensee's
own property

, An advertisement for a house A. it doesn't also include the loan's annual
includes only the following phrase percentage rate and other financing terms
about financing "Assume the owner's
original loan with only a $1,000 down
payment!" What is wrong with this
advertisement? A. it doesn't also
include the loan's annual percentage
rate and other financing terms B. it
doesn't also include the loan's
original balance C. It doesn't give the
brokerage firm's name as licensed D.
Nothing, so long as it is the real
estate licensee's own property