California Real Estate Finance, 6th Edition

Product Details

California Real Estate Finance is intended as a textbook for the California real estate finance course. This course is a requirement for broker prelicensing and a continuing education elective for salesperson licensing.

Before taking the exam, broker applicants must pass five courses (one of which must be Real Estate Finance) along with three electives from a pool of possible courses. Salesperson applicants must take (or be enrolled in) a Real Estate Principles course before registering for the salesperson exam. Within 18 months of receiving a license, they must take an additional Real Estate Practice course, along with an elective course, with one possibility being Real Estate Finance. All courses for brokers and salespeople must consist of three semester units or four quarter units at the college level. California Real Estate Finance is a significantly altered state-specific adaptation of David Sirota's Essentials of Real Estate Finance.

Special features include:

• Key terms
• Examples
• Chapter summaries
• Review questions and in-depth word problems in each chapter

Table of Contents

• Introduction.
• Lesson Assignments.
• Chapter 1: Nature and Cycle of California Real Estate Finance.
• Chapter 2: Money and the Monetary System.
• Chapter 3: Fiduciary Sources For Real Estate Finance.
• Chapter 4: Semifiduciary and Nonfiduciary Sources for Real Estate Finance.
• Chapter 5: Conventional, Insured and Guaranteed Loans.
• Chapter 6: Federal and State Financial Regulations and Lending Programs.
• Chapter 7: Junior Real Estate Finance.
• Chapter 8: Contemporary Real Estate Finance.
• Chapter 9: Instruments of Real Estate Finance.
• Chapter 10: Real Estate Loan Underwriting.
• Chapter 11: Processing Real Estate Loans.
• Chapter 12: The Secondary Mortgage and Trust Deed Markets.
• Chapter 13: Defaults and Foreclosures.
• Chapter 14: Investment Financing Strategies.
• Chapter 15: Mathematics of Real Estate Finance.
• There are also exams and answer keys (PIN Access Only) plus a chapter quiz at the end of each chapter.
• FIABCI-USA Membership.