Principles of Real Estate Finance - 1st Edition
Principles of Real Estate Finance provides a clear, practical introduction to the financial side of real estate: how mortgage money moves through the market, how loans are created and secured, how borrowers and properties qualify, and what happens when a loan is not repaid.
Designed for students in real estate licensing and real estate finance courses, this textbook follows the financing process from the source of mortgage funds through loan repayment, default, and foreclosure. Rather than treating finance as a collection of disconnected rules and calculations, the book shows how the pieces fit together throughout an actual real estate transaction.
Topics include:
The text is streamlined, direct, and practical, making complex financing concepts easier to understand without sacrificing the knowledge students need for professional real estate practice.
Concepts are reinforced through worked examples and step-by-step calculations, with a student-oriented organization designed to build understanding from chapter to chapter. Each chapter closes with a Snapshot Review that condenses the material to its essentials and a quiz whose answer key explains the reasoning behind every answer, not just the correct letter. A complete glossary and index round out the text.
Why Principles of Real Estate Finance?
Content Features
Course use. Principles of Real Estate Finance is suited to any real estate finance course, including the Texas 30-hour real estate finance prelicense requirement, as well as to postlicense and continuing education use.
For schools and students on the lending side of the industry, we also publish Essentials of Mortgage Loan Origination, the 20-hour SAFE Act NMLS prelicense textbook for aspiring mortgage loan originators.
Designed for students in real estate licensing and real estate finance courses, this textbook follows the financing process from the source of mortgage funds through loan repayment, default, and foreclosure. Rather than treating finance as a collection of disconnected rules and calculations, the book shows how the pieces fit together throughout an actual real estate transaction.
Topics include:
- Sources and flow of mortgage funds
- Financial institutions and the mortgage market
- Interest rates and the factors that affect the cost of borrowing
- Promissory notes and security instruments
- Conventional mortgage financing
- Government-backed and government-insured loan programs
- Seller financing, home equity products, reverse mortgages, and other non-traditional loans
- Buyer qualification and underwriting
- Property qualification and appraisal considerations
- Real estate finance calculations
- Loan processing and closing
- Default, foreclosure, and alternatives to foreclosure
- Federal laws affecting real estate finance
- Ethical issues and professional responsibilities
The text is streamlined, direct, and practical, making complex financing concepts easier to understand without sacrificing the knowledge students need for professional real estate practice.
Concepts are reinforced through worked examples and step-by-step calculations, with a student-oriented organization designed to build understanding from chapter to chapter. Each chapter closes with a Snapshot Review that condenses the material to its essentials and a quiz whose answer key explains the reasoning behind every answer, not just the correct letter. A complete glossary and index round out the text.
Why Principles of Real Estate Finance?
- The most adaptable text available by license or print
- 5-star quality yet concise and to the point
- Easiest to teach and learn from
- Rapid updating
Content Features
- 349 pages
- Available in printed, PDF, Word, ePub, and MP3 formats
- Written to cover the topics in TREC's Real Estate Finance (REF-0) course outline and national real estate finance outlines
- Comprehensive coverage of national real estate finance topics
- Worked calculations throughout, set out step by step
- Snapshot Review at the end of every chapter
- 260 chapter review questions with an answer key that explains the reasoning behind every answer
- 200-term glossary
- Full index
- ISBN 978-1965482742
- Supplemental materials including 381 slides of chapter PowerPoint presentations with speaker notes, an instructor guide, a 60-question practice examination, four independent 60-question final examinations, and question databases in Excel
Course use. Principles of Real Estate Finance is suited to any real estate finance course, including the Texas 30-hour real estate finance prelicense requirement, as well as to postlicense and continuing education use.
For schools and students on the lending side of the industry, we also publish Essentials of Mortgage Loan Origination, the 20-hour SAFE Act NMLS prelicense textbook for aspiring mortgage loan originators.
Can Principles of Real Estate Finance be used for online prelicense and/or CE courses?
Absolutely. Principles of Real Estate Finance and our other books can be used for online courses through our company's unique licensing agreement. Our material can be used either to develop new courseware or to improve existing online courses. Once we receive a signed agreement, we email all the digital formats (PDF, Word, ePub) of the textbook and supplemental resources that you can use to create or improve your own online courses. The materials can be copied in the screens, used for reading assignments, converted into audio/video/PowerPoint, etc. behind your school's learning management system. Feel free to ask us for more information regarding licensing and to see our textbooks' licensing agreements.
I'm interested, what now?
Call or write today for your complimentary copy of Principles of Real Estate Finance. Note: offer only applies to licensed real estate instructors and/or school directors. Find out why more and more schools are switching to Performance Programs Company textbooks!
Ryan Mettling
Publisher
Performance Programs Company
[email protected]
941-677-6043
Absolutely. Principles of Real Estate Finance and our other books can be used for online courses through our company's unique licensing agreement. Our material can be used either to develop new courseware or to improve existing online courses. Once we receive a signed agreement, we email all the digital formats (PDF, Word, ePub) of the textbook and supplemental resources that you can use to create or improve your own online courses. The materials can be copied in the screens, used for reading assignments, converted into audio/video/PowerPoint, etc. behind your school's learning management system. Feel free to ask us for more information regarding licensing and to see our textbooks' licensing agreements.
I'm interested, what now?
Call or write today for your complimentary copy of Principles of Real Estate Finance. Note: offer only applies to licensed real estate instructors and/or school directors. Find out why more and more schools are switching to Performance Programs Company textbooks!
Ryan Mettling
Publisher
Performance Programs Company
[email protected]
941-677-6043
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Table of Contents
Principles of Real Estate Finance, 1st Edition 1. Chapter 1: The Environment of Money and Credit
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About the authors - Stephen Mettling, Ryan Mettling, & Mary-Ann Dummer
For over fifty years, Stephen Mettling has operated one of the nation’s most successful custom training organizations specializing in real estate program development. Mr. Mettling has also served as vice president and author for a major real estate training and publishing organization. Under various capacities, he has managed the acquisition, development, and sale of national real estate textbooks and publications, as well as directed the country’s largest affiliated group of real estate schools.
Ryan Mettling, partner and publisher of Performance Programs, is an accomplished online curriculum designer, author, and course developer. He is responsible for the company’s strategic planning, general management, printing and production, e-pub and retail platforms, and multi-channel marketing. Ryan is a co-author of the Real Estate License Exam Prep (RELEP) Series and Real Estate Math Express. Mr. Mettling is a member of the Real Estate Educators Association (REEA), and graduated Valedictorian from the University of Central Florida’s College of Business Administration.
Mary-Ann Dummer has had a diversified 40-year career in the real estate industry. She has supervised the mortgage lending department in a major bank, managed foreclosures for a major mortgage lender, and managed commercial rentals for a leading real estate firm. More recently, Mary-Ann has become involved in real estate education, including development of prelicensing course material for online programs for various states, and ARELLO accreditation.
For over fifty years, Stephen Mettling has operated one of the nation’s most successful custom training organizations specializing in real estate program development. Mr. Mettling has also served as vice president and author for a major real estate training and publishing organization. Under various capacities, he has managed the acquisition, development, and sale of national real estate textbooks and publications, as well as directed the country’s largest affiliated group of real estate schools.
Ryan Mettling, partner and publisher of Performance Programs, is an accomplished online curriculum designer, author, and course developer. He is responsible for the company’s strategic planning, general management, printing and production, e-pub and retail platforms, and multi-channel marketing. Ryan is a co-author of the Real Estate License Exam Prep (RELEP) Series and Real Estate Math Express. Mr. Mettling is a member of the Real Estate Educators Association (REEA), and graduated Valedictorian from the University of Central Florida’s College of Business Administration.
Mary-Ann Dummer has had a diversified 40-year career in the real estate industry. She has supervised the mortgage lending department in a major bank, managed foreclosures for a major mortgage lender, and managed commercial rentals for a leading real estate firm. More recently, Mary-Ann has become involved in real estate education, including development of prelicensing course material for online programs for various states, and ARELLO accreditation.