[填空题]Many transactions in the real estate and leisure industries are in cash and so avoid ______ .

[单项选择]An incredible opportunity for real estate investors is investing in foreclosure. Foreclosed homes repeatedly sell at deep discounts; which provides buyers a straightforward opportunity to profit. Because foreclosed homes are often highly discounted, they can be purchased and sold with a large return. Homes that are facing or have vanished by way of foreclosure often meet the investing goals of both the long term investor and the investor that plans to flip the property.
Plainly stated, a foreclosed property is one that has been repossessed by the lender for non-disbursement of the mortgage. Since the majority mortgages are collateralised by the actual property, a dwelling that has gone through foreclosure has re-claimed by the bank. There are a lot of things that occur all through this progression, and depending on which status the residence is located, the procedure can actually take numerous months. As a consequence of the difficulty of the process as well as the length and the
A. reject
B. control
C. prevent
D. disqualify

[单项选择]A real estate investment has the following characteristics: Annual rental income $ 2700000 Annual operating expenses $1800000 Available mortgage rate 6% Financing percentage 90% Required holding period 5 years Investor Tax rate 25% Based on the income approach, the value of the investment is closest to:（）
A. $ 4000000.
B. $5455000.
C. $ 6000000.

[简答题]What is the relationship between real estate market and economic growth in US in the past and in the near future

[单项选择]Which of the following real estate valuation approaches is most likely to use slope coefficients derived from a statistical analysis to estimate the value of a property（）
A. cost approach.
B. sales comparison approach.
C. discounted after-tax cash flow model approach.

[单项选择]iron Biggs is considering a real estate investment. In the first year, the property is expected to generate revenue of $ 65000. The expense in the first year is $ 25000 and the depreciation allowance will be 2.6 percent of the $ 350000 initial investment. Assuming all cash flows occur at the end of the year and Biggs expects to be in a 35 percent marginal tax bracket, the after-tax cash flow in year 1 is closest to:（）
A. $ 20085.
B. $ 29185.
C. $ 30900.

[单项选择]Robert Congel, a commercial real-estate developer who lives in upstate New York, has a plan to "change the world." Convinced that it will "produce more benefit for humanity than any one thing that private enterprise has ever done," he is raising ＄20 billion to make it happen. That’s 12 times the yearly budget of the United Nations and more than 25 times Congel’s own net worth.
What Congel has in mind is an outsize and extremely unusual mega-mall. Destiny U.S.A., the retail-and-entertainment complex he is building in upstate New York, aspires to be not only the biggest man-made structure on the planet but also the most environmentally friendly. Equal parts Disney World, Las Vegas, Bell Laboratories and Mall of America -- with a splash of Walden Pond -- the "retail city" will include the usual shops and restaurants as well as an extensive research facility for testing advanced technologies and a 200-acre recreational biosphere complete with spring-like temperatures and an artifici
A. It is large.
B. It is environmentally friendly.
C. The incentive Congress has given to it.
D. Both A and Ｂ.