Career WebSchool

This course covers the 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 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 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.

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.

This course describes agency relationships and the inherent conflicts of interest of each, followed by coverage of dual agency, agency policy and procedures for implementing, documenting and changing agency policy.

This course covers the Code of Ethics and Standards of Practices established by the National Association of Realtors (NAR). The Articles of the Code are supplemented with a definition of terms, examples of ethical and unethical practices, scenarios, and decision making exercises. Violations and sanctions are also addressed. THIS COURSE MEETS 3 of the MANDATORY 12 HOURS OF ETHICS.

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.