{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 102 - Real Estate Exam Questions: Real Estate Finance, Lending, and Math, Part 1","description":" Episode 102 - Real Estate Exam Questions: Real Estate Finance, Lending &amp;amp; Math, Part 1 Going through state exam questions to help real estate students pass their state exam. &amp;nbsp;  02:05 \u2013 B\u2019s Message: Making mistakes is better than faking perfection.  06:30 \u2013 List of recent grads:&amp;nbsp;Andrea, Joyce, Lynn, Adrienne, Abigail, Jessica, Angela, Sara, Marquita, Kimmy, Bruno, Eric, Jennifer, Rina, Daisy, Sabrina, Shauna, Marie, Anne, Renae, Staci, Samantha, Joey, Steven, Barbara, Tina, Elizabeth, Karen, Ashley, Lewis, Veronica, Adam, Delaney, Dianna, Claudia, Bryant, Perry, Melissa, Sheila, Tina, Frank, Lane, Daniel, and Jade.  08:30 \u2013 Listener Message from Andrea  12:20 \u2013 Episode Focus: Finance and lending in real estate, part one. Part two will come out in June.  14:00 \u2013 PITI payment; Principal, Interest, Taxes, and Insurance.  18:15 \u2013 DTI; Debt to Income ratio.  21:35 \u2013 Promissory note; IOU; contract between the borrower and the lender.  24:10 \u2013 Mortgage \u2013 verb and noun (lien); hypothecation; mortgagor and mortgagee; lien theory versus title (trust) theory.  31:55 \u2013 Interest payments; Formula: Loan amount x Periodic Interest Rate = Periodic Interest Payment; interest rate is almost always expressed as an annual rate.  37:40 \u2013 Discount point; increases yield to lender; reduces interest rate paid by borrower; value of a discount point; Formula: Loan Amount x Discount Point (as a percent) = Cost of Discount Point.  46:55 \u2013 Mortgage clauses: acceleration clause, defeasance clause (satisfaction of mortgage), and alienation clause.  52:15 \u2013 Foreclosure: judicial versus non-judicial; deed in lieu of foreclosure; short sale; redemption (equitable right versus statutory right); deficiency judgement.  1:00:25 \u2013 Exam questions  1:34:20 \u2013 June episode is part 2; LTV (loan to value), loan types, and governmental regulations (RESPA and TILA).  &amp;nbsp;  Go to  www.ahareep.com  and sign up for the program for only $35, use discount code: legendary15 to save 15% off.  &amp;nbsp;  Go to  www.indianarealestateinstitute.com  for Indiana real estate classes. &amp;nbsp; A-Ha LINKS  &amp;nbsp; Email info@ahareep.com  &amp;nbsp; Web www.ahareep.com &amp;nbsp; Facebook https:\/\/www.facebook.com\/AHA.REEP &amp;nbsp; YouTube   https:\/\/www.youtube.com\/channel\/UCrxAjI5Li4Ll3Epwcyc0i6A ","author_name":"A-Ha! Real Estate Exam Prep Podcast","author_url":"https:\/\/www.ahareep.com\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/29170668\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/962c19\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/29170668"}