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RE TEST 1 PART A What is meant by the term secured Interest? 2) Explain the Abstract and Opinion method? 3) Explain what is meant

RE TEST 1 PART A

What is meant by the term secured Interest?

2) Explain the Abstract and Opinion method?

3) Explain what is meant by the term assumption of a mortgage?

4) Under what circumstances would a buyer use seller financing?

5) Explain what Chapter 7 liquidation is?

6) What is Present value and why is it important?

7) Why is it important to know what the future value of an annuity is when making an investment decisions as to it?

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