#2600 When we consider the words broker and REALTOR® are they alike or unrelated ? Take your time. The answer is posted below the photo. A. The terms are unrelated A broker is a real estate licensee and a REALTOR® is a member of the National Association of REALTORS®. More specifically, the term REALTORS® or REALTOR® represents a proprietary, protected trademark owned by the national REALTOR® organizaton. 03/03/2014

  #2599 A beneficiary is someone who is a decendant of Benny Fish. Is this fact true or false ? Please remember to take your time. The answer is posted below the wildlife photo if it's too tough for you. A. False A beneficiary is a person or entity which will receive the benefit from specific acts or actions which have been or are to be performed. 03/03/2014

#2598 A bearer is one who searches for objects that reflect the life of a bear when decorating a home or staging. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo.   A. False A bearer is the person or entity that has possession of any instrument which is considered to be a negotiable instrument. 03/03/2014

              #2597 When we talk about the intitial basis we're referring to the basic reason why a buyer wanted to buy a home in the first place. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The initial basis is the amount of the original investment in a property. It's basically the collective costs which include closing and any other expenses necessary to purchase a property, including the purchase price of the property. 03/03/2014

    #2596 An adjusted basis would be a property owner's basis in the property which includes expenses for improvements minus any deductions for depreciation. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. True basis+improvement costs-deductions for depreciation=adjusted basis 03/03/2014

#2595 The basis is the carbon copy of a mortgage document. Is this fact true or false ? Please remember to take your time. The solution is posted below the wildlife photo. theory A. False The basis is a figure which is used to calculate gain on the sale of real estate as required for federal income tax. 03/03/2014

    #2594 A balloon mortgage is a contract for the purchase of a home which is delivered to the buyer by the lender by a lighter than air method of transportation known as a balloon. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False A balloon mortgage is an interest-only or partially amortized loan for a mortgage that requires the borrower to make a payment of the remaining principal balance of the loan at the end of the term of the loan. It's called a balloon mortgage because of the balloon payment which is a final payment which is much larger than the other regular payments applied to the balance of the loan. 03/03/2014

    #2593 When we talk about the bad debt/vacancy factor were referring to an income approach to an appraisal whereby a percentage will be deducted from a property's expected gross income and an estimate of the income that is most likely to be suffered because of tenants who default on their payments, including vacancies, will be projected. Is this fact true or false ?  Please remember to take your time. The solution is posted below the wildlife photo. A. True 03/02/2014

#2592 An audit in real estate means the ability to hear, in audible terms, the price of the property in a normal speaking voice. Is this fact true or false ? Please take your time as I know this question is a difficult one. Of course, if you just can't wait, the solution is posted below the wildlife photo.   A. False An audit is an examination of records and an inspection of accounting procedures by a trained accountant, CPA or other official. 03/02/2014

     #2591 An assumption fee is a fee that a lender will charge a borrower for assuming that his or or loan will be approved. Is this fact true or false ? Please take your time with this extremely difficult answer, and  consult with an expert if you think you might have any problems solving this one. As usual, the solution is posted below the wildlife photo if you just can't stand it anymore and just have to peek. A. False An assumption fee is a fee that lender will charge when a buyer assumes the seller's loan. The fee is normally paid by the buyer. 03/02/2014

  You still believe that there's less fraud today in the real estate business ??? click the little red button 03/02/2014

Buy a House on the island of Montserrat - Olveston Retreat for SalePRICE REDUCED another $50k off!  $300,000      Details Property Name:Property Address: Oveston Retreat, Montserrat,   Property Type:Price / Monthly Rent:Built up:Land area:Bedroom:Bathroom:Furnishing:Tenure:Date Available:Facilities: Island Homes$375,00033Fully FurnishedNot Applicable J    Description Olveston Retreat – Offered at $375,000 USD The Olveston Retreat is a well appointed charming 3/bedroom 3/bathroom home. The stunning views of both the ocean and the island’s tropical greenery are just breathtaking. The private pool is a great place to relax and the decking is a beautiful Saltillo tile. This retreat comes fully furnished, has a garage and air conditioning which is rare for the island. Owner/Agent Questions a... 02/24/2014

  House Payments Are Increasing According to a new Nashville Business Journal article, "The average house payment has risen 21 percent since 2012, according to a housing affordability report from RealtyTrac." The study was based on a study of 325 counties across the country to find the $865 "estimated monthly house payment for a median-priced three-bedroom home". To read more, go HERE. 02/24/2014

        #2590 An assumption is when one party or another assumes that the property is going to be given to them as part of a devise. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False If a buyer takes over the responsibility of repaying a seller's existing mortgage, and subsequently the buyer becomes liable to the lender, this is known as an assumption. If the seller is not released by the lender the seller may still remain secondarily liable for repayment of the loan. 02/23/2014

#2589 An assignor is one who has engaged in the practice of breeding mules and donkeys. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False An assignor is one who assigns rights or interests to another person or entity. The assignor is the party who makes the assignment. 02/23/2014

#2588 When we talk about an assignment, when discussing real estate, we're actually referring to the homework which is assigned by the instructor or professor in your real estate class. Do you have any doubt in your mind as to whether or not this fact is true ? What's your verdict ? True or false ? Please take your time because, as we all know by now, the solution is posted below the wildlife photo. A. False (were you stumped ?) When contract rights are transferred from one party to another it's know as an assignment. 02/23/2014

#2587 An assignee is one who has placed their name on a legal document and has had it witnessed by a government official. Is this fact true or false ? Please take your time. The soution is posted below the wildlife photo. A. False One who has had interests or rights assigned to them is known as an assignee. Wasn't that easy ? 02/23/2014

#2586 To assign in real estate terms means to assign parking spaces to the employees in a brokerage based of the number of homes they've sold in the last 90 days. Is this fact true or false ? Please take your time on this difficult question as it may appear on a brokers exam one day. :-) As usual, the solution is just below the pink birdies. A. False Assign means to transfer interests and rights to another. 02/23/2014

  #2585 Liquid assets are things of value that have fallen into the river and need drying off, or whiskey which may be sold for cash and valuable prizes. Is this fact true or false ? Please remember to take your time. If your having difficulty with the answer please seek medical attention. The solution is posted below the wildlife photo.   A. False Liquid assets are things of value which may be converted into cash as needed. Cash is also a liquid asset. 02/23/2014

#2584 An asset is a special seat, stool or chair designed to conform to the contour of the posterior hind end of quadrupeds and gorillas. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False (duh) An asset may be considered to be anything of value owned by a person or other entity. 02/23/2014