Episode 109 - Real Estate Exam Questions: Closing the Transaction
01/02/25 • 108 min
Episode 109 - Real Estate Exam Questions: Closing the Transaction
Going through state exam questions to help real estate students pass their state exam.
Happy New Year!
3 Year Anniversary of A-Ha! REEP. YAY!!!
Don’t be entitled in life, in real estate, or with me. Ha ha!!
List of recent grads: Joseph, Alejandro, Madiera, Tylar, Travis, Douglas, Zack, Christi, Alan, Patricia, Devon, Trudy, Rhonda, Wanda, Daniella, Cecilia, Maisy, Lena, Ruth, Melody, Sadie, Ryan, Tomeka, Scott, Christina, Chris, Jessica, Jeffery, and Hayley.
Listener messages: Jeffrey from Indiana and Hayley from Upstate New York
Closing events and types
Conducting the closing
RESPA – Real Estate Settlement and Procedures Act
ABA – Affiliated Business Arrangement
TRID – TILA RESPA Integrated Disclosure rule; Truth in Lending
Loan Estimate and Closing Disclosure forms
Kickbacks, referral fees, and rebates
Debit and Credit
Prepaid and Accrued expense prorations
Banker’s Year vs. Actual calendar days
Math
Transfer stamps, excise tax, revenue stamps, deed tax, etc.
Exam Questions
Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off.
Go to www.indianarealestateinstitute.com for Indiana real estate classes.
A-Ha LINKS
Web
www.ahareep.com
https://www.facebook.com/AHA.REEP
YouTube
Episode 109 - Real Estate Exam Questions: Closing the Transaction
Going through state exam questions to help real estate students pass their state exam.
Happy New Year!
3 Year Anniversary of A-Ha! REEP. YAY!!!
Don’t be entitled in life, in real estate, or with me. Ha ha!!
List of recent grads: Joseph, Alejandro, Madiera, Tylar, Travis, Douglas, Zack, Christi, Alan, Patricia, Devon, Trudy, Rhonda, Wanda, Daniella, Cecilia, Maisy, Lena, Ruth, Melody, Sadie, Ryan, Tomeka, Scott, Christina, Chris, Jessica, Jeffery, and Hayley.
Listener messages: Jeffrey from Indiana and Hayley from Upstate New York
Closing events and types
Conducting the closing
RESPA – Real Estate Settlement and Procedures Act
ABA – Affiliated Business Arrangement
TRID – TILA RESPA Integrated Disclosure rule; Truth in Lending
Loan Estimate and Closing Disclosure forms
Kickbacks, referral fees, and rebates
Debit and Credit
Prepaid and Accrued expense prorations
Banker’s Year vs. Actual calendar days
Math
Transfer stamps, excise tax, revenue stamps, deed tax, etc.
Exam Questions
Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off.
Go to www.indianarealestateinstitute.com for Indiana real estate classes.
A-Ha LINKS
Web
www.ahareep.com
https://www.facebook.com/AHA.REEP
YouTube
Previous Episode
Episode 108 - End of Year Update
Episode 108 – End of Year Update
Going through state exam questions to help real estate students pass their state exam.
Update on law school finals
Tips on how to study
Suggestions for real world issues in Secured Transactions, Trusts and Estates, and Income Tax
List of recent grads: Latoya, Sandy, Denise, Rachel, Shelby, Michael, Erika, Brittany, James, John, Femi, Dally, Rosalind, Kayla, Lori, Brianna, Reese, Brian, Melissa, Matt, Charles, Jessica, Alyssa, Blessing, Grace, Meranda, Devin, Jeff, Gabriela, Ethan, Eddie, Cole, Heidi, Mark, Leidary, Veronica, Courtney, Kaylen, Zoe, Ruth, Evelyn, Jaquelyn, Dana, Caleb, Connor, Breondra, Kylena, Shelley, Mohammad, Jessica, Delaney, Lacey, Shana, April, Johana, Jaxson, Janie, Lancia, Iris, Tania, Peyton, Sheryl, Kyle, Shawn, Caitlin, Della, Renn, Sem, Kevin, Brooke, Andrea, Danna, Wendy, Joseph, Karigan, Ashia, Jasmine, Martin, Sheldon, Whitney, Denise, Jeff, Justin, Sali, Lynn (happy picture on FB page), and Daniel.
Listener messages from Sandy in New Jersey, Rachael in Washington State, and Denise in Ohio.
Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off.
Go to www.indianarealestateinstitute.com for Indiana real estate classes.
A-Ha LINKS
Web
www.ahareep.com
https://www.facebook.com/AHA.REEP
YouTube
Next Episode
Episode 110 - Real Estate Exam Questions: Environmental Issues
Episode 110 - Real Estate Exam Questions: Environmental Issues
Going through state exam questions to help real estate students pass their state exam.
Happy Groundhog Day!
NEVER stop learning!
List of recent grads: Angela, Jerry, Charlie, Katelyn, Jennifer, Kelly, Laura, Michelle, Samantha, Ryan, Jessica, Melanie, Jay, Tatiana, Will, Andrea, Raquel, Bailey, Itzel, Chelsea, Dani, Charley, Katelyn, Lisa, Jackie, Diana, Ryan, Kathy, Gabe, Benjamin, Chris, Alexis, Trisha, Terry, Dee, Josh, Terry, Tom, Cassandra, Natalie, Christine, Katie, David, LaTisha, Jason, Shaina, Stephanie, Lee, Hannah, Lauren, Noel, Russ, Beth, Bill, and Jennifer.
Listener messages: Kelly (Minnesota) and Laura (Georgia)
Asbestos
Lead Paint; 1978
Radon
Carbon Monoxide
Formaldehyde
Mold
CERCLA – Comprehensive, Environmental Response, Compensation, and Liability Act
SARA – Superfund Amendment and Reauthorization Act
Inspection: Phase 1, 2, and 3
Exam Questions
Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off.
Go to www.indianarealestateinstitute.com for Indiana real estate classes.
A-Ha LINKS
Web
www.ahareep.com
https://www.facebook.com/AHA.REEP
YouTube
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