For each correct answer, you will get 5 points.
How is a Zim Benefactor involved in the CAC and the NRELS?
Liaison for the NRELS to support their needs
The lien holder of the properties they fund
Organizes contractor services for remodeling homes
What is the Basic Building Block of Society?
All of the above
True or False. The NRELS Program is designed for only a select few types of people?
What does a stable home environment promote for the family & community? Choose the closest.
A home that has no bills to pay and where family can feel financial freedom
A home that has free food during their lifetime and has no bills to pay
A home that is safe and secure where the family unit can flourish and grow without the constant worry about money
What are the other basic programs that are used in conjunction with the NRELS?
CAC and RSS
CAC and ESS
ESS and ICCH
Yes or No. Can Real Estate Professionals (Brokers, Agents & Appraisers) be involved in the NRELS?
Who acts as the lien holder for properties purchased through the NRELS program?
The Zim Benefactor
The Community Director
Does it make sense to purchase a property at retail and then wholesale? Yes or No.
Yes, at 20% less
Yes, at 10% less
No. Not at all
How does the local community benefit from the NRELS?
What is the down payment and repayment terms for a loan created in the NRELS?
At least 2% is required to purchase a home through the NRELS
At least 8% is required to purchase a home through the NRELS
At least 5% is required to purchase a home through the NRELS
What is the waiting period associated with the NRELS for a home purchase?
Should be Empty: