Industry Acronyms
ZAT
General Real Estate
Real Estate Math
Short Sales and Foreclosures
100

FHA

What is FEDERAL HOUSING AUTHORITY

100

1...2...3...

ZAT

100
a fixture
What is personal property that, by its attachment to real property, is regarded as real estate is called?
100

Divide the net operating income by the sale price

What is A CAP RATE?

100
WHEN A PROPERTY LIEN HOLDER AGREES TO RELEASE A LIEN ON A PROPERTY FOR LESS THAN WHAT IS OWED
What is A SHORT SALE?
200

DOL 

What is the washing department of licensing

200

Scott Bond 

Who is the Director of ZAT 

200
Latin for "suit pending"
What is Lis Pendens?
200
PITI
What is PRINCIPAL INTEREST TAXES INSURANCE?
200
12 months
What is the length of Right of Redemption?
300

FHLMC

What is WHAT IS FREDDIE MAC OR Federal Home Loan Mortgage Corporation

300

Who is Susan?

Who is our North Star 

300
9 Members
What is The number of members of The Virginia Real Estate Board?
300
You use your income to pay some or all of what you owe to your creditors over time -- from three to five years, depending on the size of your debts and income. In return, you may keep your property.
What is Chapter 13?
300
A short sale negotiator.
What is someone who provides assistance in negotiating with the lender on the seller’s behalf?
400

HAFA

What is HOME AFFORDABLE FORECLOSURE ALTERNATIVE

400

In terms of Real Estate; is Susan the client or customer? 

Customer 

400
DAILY DOUBLE!!!!!!! Real Estate Settlement Procedures Act
DAILY DOUBLE!!!! What is RESPA?
400
43560 SQ. FT.
What is THE AREA OF AN ACRE?
400
A WRITTEN PROMISE TO PAY A SPECIFIC SUM OF MONEY TO A LENDER OR MORTGAGE INVESTOR TO COMPLETE A SHORT SALE
What is A PROMISSORY NOTE?
500

HARP

The Home Affordable Refinance Program

500

When should you talk to Susan, when she has an agent? 

You should talk to Susan, when she has an agent after making connection with the Agent to inform Susan of the process. 

500
Loyalty,Obedience,Disclosure,Confidentiality,Reasonable Care and Diligence and Accounting
Wat are Fiduciary Duties Of A Real Estate Agent?
500

9 SQUARE FEET=? SQUARE YARDS

What is A SQUARE YARD (ONE)

500

10 days from acceptance.

What is the normal inspection period.

M
e
n
u