1. A real estate contract will contain the: (Points: 5)

a. credit report of the buyers.
b. mortgage information of the sellers.
c. hopes and wishes of the buyers.
d. terms of the deal.

I think is A

2. Most lenders typically require that a borrower purchase __________ insurance. (Points: 5)
a. broken promise
b.equitable remedy
c. title
d.closing

I think is B

I disagree with both of your answers.

Please check your book for the correct answers.

1. D

2. C

Right.

To find the answer to question 1, you can eliminate the options that don't belong in a real estate contract. Option a. (credit report of the buyers) may be included as part of the buyer's application process, but it is not typically included in the contract itself. Option b. (mortgage information of the sellers) relates more to the seller's financial situation and is also not usually included in the contract. Option c. (hopes and wishes of the buyers) is subjective and not legally binding, so it is unlikely to be included. Option d. (terms of the deal) is the most plausible option since a real estate contract will contain the specific terms and conditions agreed upon by the buyer and seller. Therefore, the correct answer is d. (terms of the deal).

To find the answer to question 2, you can review the options provided. Option a. (broken promise) does not pertain to insurance and seems irrelevant to the question. Option b. (equitable remedy) also does not pertain to insurance. Option c. (title) and option d. (closing) are both relevant to the loan process, but option c. (title) is more commonly required by lenders to protect against potential issues with the title of the property. Therefore, the correct answer is c. (title) insurance.