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By David Saks, Broker / Industry Analyst
#583 Depreciation is a term which, by it's absolute meaning in real estate, represents the decrease in the value of an asset. It is also considered to be the opposite of appreciation which is the increase in the value of an asset. Is this fact considered to be true or false ? Please take your time. The solution is posted below the wildlife photo. A. True Depreciation is the decrease in the value of an asset.
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By David Saks, Broker / Industry Analyst
    #2582 Appreciation is a term which, by it's absolute meaning in real estate, stands for the increase in the value of an asset. It is also considered to be the opposite of depreciation which is the decrease in the value of an asset. Is this fact considered to be true or false ? Please take your time. The solution is posted below the wildlife photo. A. True Appreciation is the increase in the value of an asset.
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By David Saks, Broker / Industry Analyst
#2581 An appraiser is a professional who's skill and expertise are both utilized in estimating the value of a piece of property. An appraiser will seek qualification through training, study and experience. An appraiser is an expert who will estimate the value of real estate. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. True
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By David Saks, Broker / Industry Analyst
February 20th, 1962 Will Always Be a Great Day in History To Remember   John H. Glenn Orbited the Earth   John Will Be 93 On July 18th Remember Him February 20th ! And Happy Birthday to John's Wife, Annie ! -David-  
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By David Saks, Broker / Industry Analyst
   #2580 An appraisal, the expert opinion by a professional appraiser, is performed at a particular date and time in order to rend an estimate of value of a piece of real estate. The appraisal is based on a detailed analysis of the many and varied features of a property. Is this fact considered to be true or false ? Please take your time. The solution is posted below the wildlife photo. A. True
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By David Saks, Broker / Industry Analyst
        #2579                                              Anticipation is an appraisal theory that believes that value is something which is created by inflation. Is this fact true or false ? Take your time. The soultion is posted below the wildlife photo. A. False Anticipation is a principle of appraisal theory and practice which maintains that value will be created by the expectation of benefits to be received at some future time.
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By David Saks, Broker / Industry Analyst
#2578 Ammortization is the process of paying off a short term loan which will end with the payment of a final installment known as a balloon. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Amortization is the process of paying off a loan in gradual installment payments that include both interest on the loan amount and a portion of the principal amount of the loan.
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By David Saks, Broker / Industry Analyst
#2577 An alienation clause is an item or provision included in a security instrument whcih will allow a lender to sell a home in a short sale if the borrower defaults on the loan. Is this fact true or false ? Take your time. The solution is posted below the wildlife photo. A. False An alientation clause will allow the lender to accelerate the loan if the borrower transfers or sells the property without the lender's approval.
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By David Saks, Broker / Industry Analyst
#2576 After someone has signed a document and formally declares to a public official, like a notary, that they have signed the document voluntarily and without any coercion, this is known as longanimity of a truthful attestation. Is this fact true or false ? Please take your time. The soultion is posted below the wildlife photo. A. False This is known as an acknowledgement.
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By David Saks, Broker / Industry Analyst
#2575 Deferred interest is the transfer of interest or ownership in a property from one party to another. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Alienation is the transfer of interest or ownership in a property from one party to another.
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By David Saks, Broker / Industry Analyst
     #2574 Expenses that have been applied but have not yet become due and payable, and seller's accrued expenses that are credited to the buyer at closing, are known as accrued items of expense. Is this fact true or false ? Please remember to take your time. the solution is posted below the wildlife photo. A. True
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By David Saks, Broker / Industry Analyst
              #2573 A principle which is considered under appraisal guidelines that holds that value may be created by the expectation of benefit to be received at some future point and time is known as the Principle of Anticipation. Is this fact considered to be true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. True
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By David Saks, Broker / Industry Analyst
    #2572 An item in an instrument used for the security of a home purchase that will allow the lender to declare the entire debt of the loan due and payabe immediately if the borrower defaults or breaches the agreement is known as the Principle of Anticipation. Is this fact true or false ? Please take your time. The soultion is posted below the wildlife photo. A. False The item used in the instrument for the security of the home purchase if the borrower defaults or breaches the loan is known as an acceleration clause.
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By David Saks, Broker / Industry Analyst
#2571 Acceleration is the process of declaring an entire loan balance due because a borrower defaulted on the loan or, if there is an alienation clause in the loan, the borrower sold the home without the lender's approval. Is this fact true or false ? Please take your time. The solution is posted below the wildlife photo. A. True
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By David Saks, Broker / Industry Analyst
Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than your mortgage holder, no one else should have any claims or restrictions against your home. Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property. Title insurance is different from other types of i...
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I'm Extremely Happy to Announce That   My Business Plan and New Year Resolution "No Drama" For 2014 Is Working Like a Charm !       All  (and I mean All) The Bills Are Paid.... Including the Mortgage Which I Burned a Long Time Ago...   I Can  Go To The Movies When I Feel Like It & The Coffee Shop, Too ! Isn't That Groovy ?   And Best of All.... I Sleep Better...And Dream In Technicolor  :-)   Hoooray !!!   How 'Bout You ???  
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