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CHAPTER X
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  1. What's the main difference between a property's appraised value and assessed value?

    a) Nothing, appraised value and assessed value mean the same thing.
    b) The appraised value will determine how much a lender is willing to lend you, while the assessed value determines your property taxes.
    c) Appraised value is the value returned by the county property appraiser's office, while the assessed value is the fair market value determined by your property appraiser.
  2. Why is it important for the lender to do a title search?

    a) A lender doesn’t want to loan money against a house that has outstanding liens or mortgages against it.
    b) The lender wants to make it more difficult for you to get a loan.
    c) The lender wants to determine what the property values for the past 10 years have been.
  3. True or false: Standard homeowner's insurance policies generally don't insure against flood damage.

    a) True
    b) False

TABLE OF CONTENTS

CHAPTER I
  Lesson 1
  Quiz

CHAPTER II
  Lesson 2
  Quiz

CHAPTER III
  Lesson 3
  Lesson 4
  Lesson 5
  Quiz

CHAPTER IV
  Lesson 6
  Lesson 7
  Quiz

CHAPTER V
  Lesson 8
  Lesson 9
  Quiz

CHAPTER VI
  Lesson 10
  Lesson 11
  Quiz

CHAPTER VII
  Lesson 12
  Lesson 13
  Lesson 14
  Quiz

CHAPTER VIII
  Lesson 15
  Lesson 16
  Lesson 17
  Lesson 18
  Quiz

CHAPTER IX
  Lesson 19
  Quiz

CHAPTER X
  Lesson 20
  Quiz

CHAPTER XI
  Lesson 21
  Quiz

CHAPTER XII
  Lesson 22
  Lesson 23
  Lesson 24
  Quiz

CHAPTER XIII
  Lesson 25
  Lesson 26
  Lesson 27
  Quiz

CHAPTER XIV
  Lesson 28
  Lesson 29
  Lesson 30
  Quiz

Definitions

 
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