Illiquidity in real estate means that:
A) you can quickly find someone who is willing to pay full value to purchase the property.
B) you don't have a water well on the property.
C) you cannot quickly sell the property at the market price.
D) you don't have financial leverage.
E) there is an efficient market for the property.
Correct Answer:
Verified
Q88: General partners in a real estate investment
Q89: Hal Lindon has an equity investment in
Q90: Diane Chambers buys an apartment building for
Q91: David Harris has invested in something that
Q92: Which of the following is a true
Q94: Jeffery Davids has invested in something that
Q95: REITs,Ginnie Maes,and Freddie Macs are examples of
Q96: Real property equity investments _ provide protection
Q97: Which of the following is an advantage
Q98: Stuart Michelson has invested in several pieces
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents