The developer is interested in:
A) appreciation of the land
B) depreciation of the land
C) immediate plans for the land
D) none of the above
Correct Answer:
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Q3: 18-14.In the case of seller financing,after the
Q4: The most likely reason for different lenders
Q5: 18-18.A construction loan commitment is:
A) a reserve
Q6: The speculator is interested in:
A) appreciation of
Q7: 18-10.When the developer puts up only a
Q9: When a construction loan is made and
Q10: Land loans will seldom exceed:
A) 70-80% of
Q11: 18-12.In the event of a default,the development
Q12: 18-15.Payments made to municipalities or other local
Q13: Land loans are considered to be:
A) risky
B)
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