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Which is the most popular residentail property in the United States?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
Which of the following is a type of income property?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
If you do not make your house payment, banks can do what to your house?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
Which of the following is an example of carrying costs when flipping a house?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
What is a written report by a qualified person estimating the value of the property called?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
Which term refers to unused land intended only for investment purposes?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
Which of the following is not an advantage of renting over buying a house?
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
If you have less than 20% equity in your home, your lender will require that you have
undeveloped property
Single-family house
You can build equity.
Foreclosure
office buildings
Appraisal
All of the above are carrying costs.
PMI.
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