Discuss the purpose of the real estate settlement, Financial Management

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Discuss the purpose of the real estate settlement

1. Discuss the purpose of the Real Estate Settlement Procedures Act (RESPA) and its key provisions.

2. Why should a listing agent obtain a preliminary title report on the listed property?

3. Discuss the importance of a survey in the settlement procedure.

4. Describe the essential elements of a HUD-1 settlement statement.

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Financial Management: Discuss the purpose of the real estate settlement

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Financial Management: Discuss the purpose of the real estate settlement

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