Episode 026 - Types of Liens

Acronym VISE

Voluntary vs. Involuntary

Statutory vs. Equitable

General lien vs. Specific Lien

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Episode 025 - Basics in Valuation of Property

Highest and Best Use

Increasing and Diminishing Returns

Progression and Regression

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Episode 024 - Interest Payment Calculations

Interest Payment Formula:

Loan Amount x Periodic Interest Rate = Periodic Interest Payment

Make sure to use the LOAN amount (not necessarily the purchase price), and watch the interest rate time period and payment schedule.

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Episode 023 - Tax Benefits and Deductions

Everyone loves to save money, almost as much as they love passing their real estate exam. Make sure you know about the various deductions and tax benefites available so you can answer those related test questions.

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Episode 022 - Mortgage Clauses

No! It is not Christmas, but you do need to know about a few clauses other than Santa. Mortgage terms are plentiful and you need to know about some of the promises when borrowing money.

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Episode 021 - Property Management

Not too deep of a dive on this topic, but worthy of a quick listen to make sure you can apply concepts surrounding managing property to your exam questions.

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Episode 020 - Fair Housing Definitions

Make sure to memorize the years when various laws were adopted and the terms to watch for on the state exam.

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Episode 019 - Prorations

Proration calculations always twists your mind. Don't let it. To tackle these questions, make sure you understand the basics of them first. Then you can go after the math.

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Episode 018 - Leasing Issues - Tenancy at Sufferance and Eviction

No one likes to think about the bad side of leasing, but it happens. For the exam, make sure you know what happens when a tenants stays beyond their welcome, and what remedies the landlord and tenant have if the other is in breach of the lease contract.

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Episode 017 - Types of Agency Relationships

As a licensed agent, you will have the ability to take on many roles for various parties. What you are authorized to do will dictate some of that. Know the three types of agency relationships.

Universal

General

Special

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