Multiple Choice
Which of the following is FALSE regarding the release price?
A) It is usually calculated to pay off the loan when the last lot is sold
B) It is usually calculated to pay off the loan before the last lot is sold
C) Increasing the release price usually lowers the lender's risk
D) Increasing the release price is likely to lower the investor's initial cash flow
Correct Answer:
Verified
Correct Answer:
Verified
Q25: The land development industry is best characterized
Q26: The loan submission package for a land
Q27: In order to obtain a land development
Q28: It is illegal for the lender to
Q29: If a developer constructs some speculative buildings
Q31: An analysis of whether land can be
Q32: In most instances,a developer's repayment rate is
Q33: Generally,which of the following is FALSE regarding
Q34: The amount to be paid to the
Q35: Since land development projects sometimes run behind