39475 Covid-19 | Forbearance | PopQuiz 1
Covid-19 | Forebearance | PopQuiz 1
Howdy Texas Real Estate Academy Student! While mastery of this pop quiz doesn’t contribute to your course score, these questions are intended to reinforce some of the important points of the instruction .
While you might see a score, for this chapter quiz, it is not recorded for your grade.
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Question 1 of 7
1. Question
Name 3 ways a lender can help a borrower avoid foreclosure.
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Question 2 of 7
2. Question
Describe a loan modification and the possible terms that could be offered to a borrower.
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Question 3 of 7
3. Question
Which of these will cost upfront fees for a borrower?
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Question 4 of 7
4. Question
Define a short sale in real estate.
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a sale of property when the note holder accepts than what is due on the note.
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Question 5 of 7
5. Question
Name the form that allows the Realtor to speak to the bank in a short sale situation.
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party Authorization
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Question 6 of 7
6. Question
Which items would NOT be found in a short sale package ?
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Question 7 of 7
7. Question
Question: Describe a loan modification and the possible terms that could be offered to a borrower.
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