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Essentials of Real Estate Finance, 13th Edition
Containing in-depth and easy-to-understand coverage of the real estate finance industry, this classic text has trained over 70,000 real estate professionals. Essentials of Real Estate Finance can be used for prelicensing students, or in semester-length courses in two-and four-year colleges. Features include a complete glossary, review questions with detailed answer rationales, and Instructor Resources.
Chapter 1: The Nature and Cycle of Real Estate Finance
Chapter 2: Money and the Monetary System
Chapter 3: Additional Government Influence
Chapter 4: The Secondary Mortgage Market
Chapter 5: Sources of Funds: Institutional, Non-Institutional, and Other Lenders
Chapter 6: Instruments of Real Estate Finance
Chapter 7: Real Estate Financing Programs
Chapter 8: Government Loans
Chapter 9: Processing Real Estate Loans
Chapter 10: Defaults and Foreclosures
Appendix A: Good Faith Estimate (GFE)
Appendix B: Settlement Statement (HUD-1)
Appendix C: Promissory Note Secured by Deed of Trust
Appendix D: Note & Deed of Trust Purchase Agreement
Appendix E: Note & Mortgage Purchase Agreement
Appendix F: Fixed/Adjustable Rate Note
Appendix G: Uniform Residential Loan Application
Appendix H: Request for Verification of Deposit
Appendix I: Request for Verification of Employment
Appendix J: Sample Credit Report
Appendix K: Uniform Residential Appraisal Report
Glossary
Answer Key
Index