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Real Estate

Write a4 to6 page paper (not including title page or reference page) in APA Format.

Your paper must be written in 12 Point Arial or Times New Roman font. In your paper you must address the following questions:

1. Compare and contrast the differences in listing and selling residential properties and specialized properties.

2. Discuss how a new agent locates new Real Estate listings. Who and whatdo you consider? Where is best to look?

3. How does a new agent properly prepare for a listing appointment?

4. Discuss potential difficult situations as a new Real Estate Agent and how to avoid or handle these situations.

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Real Estate

You are listing a subject property for sale which has a property tax rate of 1.25% plus an additional Mello-Roos Community Facilities District (CFD) tax rate of 1.75%. An identical model (“model match”) in the same tract in exactly the same good condition with all the same amenities and features as your Seller’s house just closed escrow last week for $530,000 – however the Seller of that closed house PAID OFF ALL the 30-year Mello-Roos bonds prior to listing the property.

The subject Mello-Roos special assessments are NOT based on home value as property taxes are. Instead the subject bonds are fixed annual assessements which are initially calculated based on residential gross living area only with no annual increases. That means that the subject Mello-Roos bondsĀ  are NOT subject to either Consumer Price Index factoring nor to the 2% annual increases typical of the more egregious Mello-Roos bonds. Also be cognizant of the fact that Mello-Ross taxes are NOT income tax deductible and may not be written off.

How much LESS should your Seller’s identical model match house likely sell to a buyer with a typical holding period of seven (7) years as a result of the additional Mello-Roos Special Assessment taxes impacting it and please explain your answer.

 

You can leave a response, or trackback from your own site.

Real Estate

You are listing a subject property for sale which has a property tax rate of 1.25% plus an additional Mello-Roos Community Facilities District (CFD) tax rate of 1.75%. An identical model (“model match”) in the same tract in exactly the same good condition with all the same amenities and features as your Seller’s house just closed escrow last week for $530,000 – however the Seller of that closed house PAID OFF ALL the 30-year Mello-Roos bonds prior to listing the property.

The subject Mello-Roos special assessments are NOT based on home value as property taxes are. Instead the subject bonds are fixed annual assessements which are initially calculated based on residential gross living area only with no annual increases. That means that the subject Mello-Roos bondsĀ  are NOT subject to either Consumer Price Index factoring nor to the 2% annual increases typical of the more egregious Mello-Roos bonds. Also be cognizant of the fact that Mello-Ross taxes are NOT income tax deductible and may not be written off.

How much LESS should your Seller’s identical model match house likely sell to a buyer with a typical holding period of seven (7) years as a result of the additional Mello-Roos Special Assessment taxes impacting it and please explain your answer.

 

You can leave a response, or trackback from your own site.
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