Dee Kumar Real Estate

TODAY at 1PM eastern. Register here: https://link.agentbuilder360.com/widget/form/6OTwMmhB0ogfctpra8Vm

📢 Live in 3 Hours! FREE real estate exam study session TODAY at 1PM ET.

I'm covering real estate contracts, one of the most highly-tested topics on the exam in all 50 states! But this is ONLY for those taking the exam in the NEXT 30 DAYS.

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Real estate exam question (day 30).

This explains why the sales comparison approach is the best valuation method for one-family residential homes in real estate exam prep.

It covers how appraisers use recent comparable sales and make adjustments based on condition, features, size, and updates, and notes that some jurisdictions also refer to it as the market data approach.

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Real estate exam question (day 29).

This explains novation for real estate exam prep.

It covers how novation replaces an existing contract with an entirely new agreement, releases the original parties from prior obligations, and briefly mentions 3 related contract terms: amendments, addendums, and rescission.

This is a common real estate exam question.

Radon is an odorless, colorless, naturally occurring radioactive gas that can build up in basements and lower levels, and briefly mentions testing, mitigation systems, and other hazards like mold, asbestos, carbon monoxide, and lead paint.

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Here's how to calculate the cost of one mortgage point for the real estate exam.

Using a $500,000 purchase price with 20% down, this is how you find the $400,000 loan amount and why one point equals $4,000 based on the loan amount, not the purchase price.

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