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Read the following article about investment in foreclosed properties and the questions on the opposite page. For each questi
Read the following article about investment in foreclosed properties and the questions on the opposite page. For each questi
admin
2018-06-30
52
问题
Read the following article about investment in foreclosed properties and the questions on the
opposite page.
For each question(15-20), mark ones letter(A, B, C or D)on your Answer Sheet.
An incredible opportunity for real estate investors is investing in foreclosure. Foreclosed homes repeatedly sell at deep discounts; which provides buyers a straightforward opportunity to profit. Because foreclosed homes are often highly discounted, they can be purchased and sold with a large return. Homes that are facing or have vanished by way of foreclosure often meet the investing goals of both the long term investor and the investor that plans to flip the property.
Plainly stated, a foreclosed property is one that has been repossessed by the lender for non-disbursement of the mortgage. Since the majority mortgages are collateralised by the actual property, a dwelling that has gone through foreclosure has re-claimed by the bank. There are a lot of things that occur all through this progression, and depending on which status the residence is located, the procedure can actually take numerous months. As a consequence of the difficulty of the process as well as the length and the cost for both the bank and homeowner, there exists a chance for investors to arbitrate and help both parties in the circumstances.
Throughout the period previous to a home is officially repossessed by the bank, the real estate investor may have an opportunity to jump in. Throughout this preforeclosure time, the bank is actively taking steps to eject the property owner and take back the house. For the duration of this time, the homeowners are in the situation that they are no longer making payments to the bank and at jeopardy of losing their credit rating, their dwelling, and even their pride. Throughout these periods, an investor can choose to intervene and buy the habitat at a discounted rate from the homeowner. Depending on the situation, the investor could be able to purchase the house for less than is owed on it(short sale)which presents an important occasion.
As mentioned before, the preforeclosure process may last many months. Nonetheless, if a declaration is not met involving the bank and landholder or a likely investor, the route ends with the bank placing the house up for community public sale.
The last step in a foreclosed habitat is when the regional sheriff comes to provide the eviction notice and paste the public sale notice on the front door. At that point forward, the dwelling is officially foreclosed.
Though it is much more challenging, after a habitat is foreclosed upon, it may well be bought at a discount at community sale. Although these auctions there are certainly deals to be had. However, it is important to realise that if the smallest bid is not met, the bank that owns the property could opt to get it back. In addition, at open public sale, you are competing with a number of additional investors so you may well not get as high-quality of a contract as you would have previously. All in all though, investing in foreclosed homes can be a grand way to profit.
In the first paragraph, the word "foreclose" here is similar to
选项
A、reject
B、control
C、prevent
D、disqualify
答案
B
解析
正确理解四个选项中的每一个单词的含义非常重要。这里先要区分一下四个词的含义:reject意为“拒绝,退回”;control意为“控制,操纵”;prevent意为“预防,防止”;disqualified意为“取消……的资格,宣布或认定……不合格”。阅读本文的前一两段便可以判断只有control在含义上接近原词foreclose,故B项为正确选项。
转载请注明原文地址:https://kaotiyun.com/show/kZ7d777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
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