Understanding Land Descriptions & Loan To Value (LTV) Ratios For The Real Estate Exam

Описание к видео Understanding Land Descriptions & Loan To Value (LTV) Ratios For The Real Estate Exam

🌟 Welcome to my channel! 🌟

In this video, we break down two essential concepts in real estate: Land Descriptions and the Loan-to-Value (LTV) Ratio. Whether you're studying for your real estate exam, or just curious, this video is for you!

🔹 Land Descriptions:

📏 Learn about the Metes and Bounds system, the Rectangular (Public Land Survey) System, and the Lot and Block system.
🗺️ Understand how these methods help define and describe property boundaries.
🏠 A practical example to make these concepts easy to grasp.
🔹 Loan-to-Value (LTV) Ratio:

💡 Discover what the LTV ratio is and why it's crucial in mortgage lending.
🔢 Learn how to calculate the LTV ratio with a clear, step-by-step example.

📊 With engaging visuals and simple explanations, we make complex real estate concepts easy to understand. Perfect for exam prep and practical knowledge!

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