Real Estate: Learning the Practices of the Profession

Real Estate: Learning the Practices of the Profession

by Randall S. van Reken, Sandra E. Byrd

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Overview

KET BENEFIT: Features a "Step" format that walks readers from the very first question they usually have — "Why am I here?" — through successful completion of the pre-licensing exam. Exceptionally user-friendly in approach and real-world in perspective, this introduction to real estate principles and practices presents only the material necessary for successful completion of the real estate license exam and subsequent success in a career in real estate sales. Features 36 fictionalized Mini Case Studies of common scenarios. And, Math Practice problems show the practical relevance of learning the required math, as well as making math less "intimidating".

Product Details

ISBN-13: 9780137801725
Publisher: Simon & Schuster Adult Publishing Group
Publication date: 08/28/1997
Pages: 292
Product dimensions: 8.28(w) x 10.90(h) x 0.59(d)
Age Range: 5 - 6 Years

Table of Contents

Introduction vii
SECTION 1 Where do I begin?
1(18)
topic 1.A License Law Overview
1(4)
topic 1.B The Real Estate Business
5(4)
topic 1.C Fair Housing
9(10)
SECTION 2 Whom do I work for and what do I do?
19(46)
topic 2.A General Brokerage and Agency
19(17)
topic 2.B When the Seller Is My Client
36(11)
topic 2.C When the Buyer Is My Client
47(7)
topic 2.D Property Management
54(11)
SECTION 3 What do I need to know about the property?
65(34)
topic 3.A Real and Personal Property
65(8)
topic 3.B Encumbrances and Restrictions
73(10)
topic 3.C Public and Private Controls on Land Use
83(7)
topic 3.D Environmental Concerns
90(9)
SECTION 4 What's involved in preparing a contract?
99(32)
topic 4.A General Contract Information
99(14)
topic 4.B Property Disclosure Forms
113(6)
topic 4.C Offers to Purchase/Sales Contracts, Land Contracts, and Options
119(12)
SECTION 5 How will they pay for it?
131(36)
topic 5.A General Finance Information
131(10)
topic 5.B Loan Application and Specific Loan Programs
141(16)
topic 5.C Secondary Mortgage Market
157(3)
topic 5.D Financial Legislation and Regulation
160(7)
SECTION 6 What's it worth?
167(24)
topic 6.A Appraisal Background
167(10)
topic 6.B Market Data Approach
177(3)
topic 6.C Income Approach
180(5)
topic 6.D Cost Approach
185(6)
SECTION 7 Who owns what?
191(20)
topic 7.A Estates in Property
191(5)
topic 7.B Taking Ownership
196(6)
topic 7.C Deeds
202(9)
SECTION 8 How do we close the deal?
211(22)
topic 8.A Property Insurance
211(3)
topic 8.B Title Assurance
214(8)
topic 8.C Settlement
222(11)
SECTION 9 What about real property and federal income taxes?
233(6)
topic 9.A Tax Issues of Home Ownership
233(6)
SECTION 10 Am I ready?
239(20)
topic 10.A License Law Review
239(3)
topic 10.B Preparing for the Exam
242(3)
topic 10.C More Math Practice
245(5)
topic 10.D Practice Exam
250(9)
Solution Keys 259(5)
Glossary 264(25)
Index 289

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