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100

Seller Says: "Property is going through probate. You should say what next?

What is "how long have you been going through probate" 
100

Within this period of time of your PR Appointment must file the inventory and Appraisement 

What is 90 days 

100

The first layer of an outer wall covering nailed to the studs

What is sheathing

100

What is our leverage point in the Due Diligence section of our contract 

What is Business Days 
100

Once a seller accepts the buyers offer, the buyer must do this before anythin

What is depositing earnest money? 

200

What is Section 5 of our Contract

What is Earnest Money 

200

When should you give the Bradford Packet on the appointment 

What is During Discovery 

200

This process typically involved bringing in dirt, clearing trees, prepping the land, tapping into utilities in order to build

What is Site-Work
200

This is the area around the property line that cannot be built on due to local jurisdiction's regulations and requirements 

What are set-backs 

200

An Order of reference is filed by the plantiff attorney for what reason?

What is Moving to Master in Equity? 

300

The Second Step of the Foreclosure process AFTER a missed payment and BEFORE PreForeclosure is started

What is Notice of Debt Collection 

300

When a borrower is looking to get a new mortgage to lower the interest rate

What is a Rate Refinance 

300

An investor bought a 3 family property with FHA Loan, lived in one unit and then rented the other units to his friends. What do you call this strategy 

What is House Hacking 

300

After a Lis Pendens is filed, the plantiff would have this time before the proeperty is sent to Foreclosure

What is 1-3 months 

300

The trim that runs vertical on the edge of the roof

What is Fascia?

400

A rental property is bought with Hard Money and then fixed up for a new tenant before the investor went to a traditional lender for a new loan. The investor does this over and over...what strategy is this 

What is BRRRR method 

400

A roofed structure usually containing a window that protrudes vertically from a pitched roof

What is a dormer 

400

The Creditor Period for probate in Charleston County is how long? 

8 months or 12 months from the day of PR Appointment 

400

The mortgage company will request this a week or a few days before closing

What is Proof of Funds 

400

You are buying your first house, and the home needs a new HVAC, The buyer should....

What is negotiate repairs 

500

Seller states that they have to find a new home....what is your selling point

What is Flexible Closing 

500

The document that is filed at the start of PreForeclosure

What is a Lis Pendens 

500

When are property taxes are paid? 

What is at the beginning of the year 

500

A borrower wants to equity from their home but they do not want to refinance their existing mortgage

What is HOME EQUITY LOAN (HELOC) 

500

The process that must happen if a proeprty was bought at a tax deed auction

What is a quiet title?