Students who repeat this course will improve their skills through further instruction and practice. Real estate financing sources, fixed and variable rate loans, underwriting procedures and residential loan servicing. Analysis of loan applications, credit reports and appraisals. Meets California real estate license requirements for salespersons or brokers. Market, cost and gross rent multiplier approaches to specified 1-4 unit residential appraisals.
Emphasis is placed on the accounting and mathematics of the escrow.