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KY Real Estate Salesperson > CHP 22 - Distressed Properties > Flashcards

CHP 22 - Distressed Properties Flashcards

1
Q

Define Distressed Property

A

reduction in market price due to physical condition, or economic changes

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2
Q

Alternatives to selling a distressed property

A

Repayment plan
Loan modification
Deed in lieu

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3
Q

After short sale lender may issue sellers what form

A

1099

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KY Real Estate Salesperson (57 decks)

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