Career WebSchool

Covers basic principles of real estate finance. Topics include financing instruments, promissory notes, mortgages, assumptions, priority of loans, foreclosures, trust deeds, types of loans, sources of funds, loan practices and closing costs.

A brief history of the savings and loan industry progresses into present commercial real estate financing practices. The different types of financing available to commercial properties and their characteristics are explained in detail. Investment evaluation methods including property comparison, appraisal, capitalization rates, and the time value of money are also covered.

This course analyzes the typical provisions of office, retail, and industrial leases. Formulas used to calculate rent, key negotiation points, and technical issues unique to industrial leases are also covered in great detail.

Aspects of the commercial sales transaction and tax deferred exchanges are covered in great detail. You will learn the essential elements of the contract, closing procedures, and documentation in a commercial sale along with the benefits and requirements of a tax deferred exchange.

This course covers the steps in the cost approach to valuation, including methods for estimating cost and estimating depreciation. Students will apply what they learn using numerous examples.

This course covers aspects of "green home" construction and sustainable design, including lot shopping, site work and landscaping, and building material choices. It also addresses safety considerations and waste management.

This course covers the steps in the income approach to valuation, including estimating income and expenses and estimating capitalization rates. Both direct capitalization and yield capitalization are discussed. Students will apply what they learn using numerous examples.

All of the various forms of residential real estate financing; including conventional, FHA, VA Loans, loan assumptions, purchase money mortgages, alternative financing are explained in this course. Also covers legislation relating to financing.

Presents methods and principles for pricing property. Covers pricing compared to appraisal, basic concepts of pricing property, principles of value, approaches to pricing property and application of the market data and replacement cost methods.

This course covers the steps in the sales comparison approach to valuation. The course explains the data collection process and the various methods for estimating adjustments. Students will apply what they learn using numerous examples.

The many different types of ownership available in commercial real estate and their implications are covered in this course. Issues addressed include liability, taxes, regulations, set up, and management as well as the benefits and drawbacks to each.

Course covers types of tax benefits for homeowners and how to calculate the taxes that will impact the purchase of a home.

ADA legislation affects the business of every real estate agent. Find out what the laws cover and how it pertains to you, while refreshing your knowledge of the Federal Fair Housing Laws.

Ethics in Real Estate covers the NAR Code of Ethics and reviews case studies pertaining to the code. Sample scenarios are included as a decision making practice for licensees. This course will insure that real estate professionals have a strong understanding of the National Association of Realtors � (NAR) Code of Ethics and understand the difference between ethical and unethical behavior. (Meets NAR's 3-Hour Mandatory Ethics Renewal Training)

This course covers features of a "green home," including energy and water efficiency, lighting, appliances, and renewable energy. It also addresses methods of controlling heat loss and conserving energy.

Understand the different types of commercial real estate including office space, retail space and storage facilities. Additional topics include industrial real estate brokerage, site selection, land development, and the effect of local and regional labor markets on commercial real estate.

This course begins with an overview of the Real Estate Settlement Procedures Act (RESPA) and the rationale behind RESPA reform. Revisions to the Good Faith Estimate (GFE) and the HUD-1 and HUD-1A Settlement Statements are described in detail, along with tolerance requirements. The course concludes with some of the most frequently asked questions regarding RESPA reform and the revised GFE, HUD-1, and HUD-1A forms.

Covers math calculations involved in property measurement, commissions, investments and return on investments, capitalization, loans, property cost and price. The course presents easy-to-remember formulas and numerous practice problems.

This course discusses short sale transactions, short sale alternatives, the Home Affordable Foreclosure Alternative (HAFA II/Short Sale) and Home Affordable Modification Program (HAMP Tier 1 and 2) program, and the impact of short sales on buyers, sellers, and lenders. It also addresses the licensee's role in a short sale, including how to prepare a short sale packet for a lender. Discussed also is the MARS Rule and how it applies to licensees assisting clients with short sales. The course concludes with a discussion of tenant rights during and after a short sale and types of lender fraud that may be attempted in short sale transactions.

Covers the basics of a tax free exchange of residential investment property. Topics covered include requirements of a tax free exchange, types of exchanges and the methods for transferring title when an exchange takes place.