Meets mandatory educational requirement for California real estate brokers examination. Analysis of real estate financing, including lending policies and problems in financing transactions in residential, apartment, commercial, and special purchase properties. Methods and sources of financing emphasized. Applies toward mandatory educational requirement for California real estate brokers examination. An introductory course covering the purposes of appraisals, the appraisal process, and the different approaches, methods and techniques used to determine the value of various types of property.
Emphasis is on residential and single-units property.
Applies toward the mandatory educational requirement for real estate brokers examination. An extension of appraisal techniques studied in Real Estate Appraisal I into the areas other than single-family residences. Types of properties covered include subdivisions, apartment buildings, hotels, office buildings, shopping centers, rural and ranch, industrial, leaseholds, easements, air rights, auto service properties, etc. The income approach is studied in depth, including analysis of capital setups, leases, selection of capitalization rates, etc. Field work required.