18-27.Land loans will rarely exceed 60% of the appraised value of the land because of:
A) inflation
B) warehousing costs
C) risk of decline in value
D) floatation costs
Correct Answer:
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Q35: 18-35.Release provisions written into ADC loans are
Q36: 18-31.The city or county where the development
Q37: 18-21.An independent third party that is a
Q38: 18-38.Instead of buying land outright developers may
Q39: 18-30.A rolling option would most likely be
Q41: 18-45.When a developer puts up only a
Q42: 18-48.When a lender requires a borrower to
Q43: 18-43.Release provisions written into ADC loans are
Q44: 18-44.The holding of large parcels of properties
Q45: 18-42.The following should be covered under a
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