Property Investment - Qp4

8 Questions | Total Attempts: 478

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Property Investment - Qp4

Questions and Answers
  • 1. 
    Each person has a credit score that is based on their history of getting and repaying loans of any sort.
    • A. 

      True

    • B. 

      False

  • 2. 
    A credit score is a mark out of ______.
    • A. 

      100

    • B. 

      1000

    • C. 

      10000

  • 3. 
    Key things you can do to increase your rating includes:  (Select four)
    • A. 

      Check to make sure you are on the electoral roll where you live.

    • B. 

      Check to see if you have any failed payments or defaults on loans listed on your credit score.

    • C. 

      Always make sure that you pay on time.

    • D. 

      Establish a contingency plan.

    • E. 

      Maintain proof that you have paid on the computer.

  • 4. 
    Even the best friendships and family relationships can be strained when money is involved.
    • A. 

      True

    • B. 

      False

  • 5. 
    It is important to remember that an estate agent always works for the buyer.
    • A. 

      True

    • B. 

      False

  • 6. 
    The key to contingency planning is to do it well ahead of time.
    • A. 

      True

    • B. 

      False

  • 7. 
    The market value of a property is simple the ______ that it is valued at.
    • A. 

      Condition

    • B. 

      Size

    • C. 

      Price

  • 8. 
    Good negotiators does not require a clear focus, excellent grasp of figures, nerves of steel and quick thinking.
    • A. 

      True

    • B. 

      False

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