California Real Estate Principles

This show provided an overview of Escrow and Title Insurance. The sequence of steps in an escrow and who pays for the escrow and title fees. Finally, there was a detailed explanation of the Buyer and Seller Settlement Statement.

This show continued the discussion Escrow and Title Insurance and stressed the importance of the real estate agent being present at the closing escrow appointment. There was a detailed discussion of the Preliminary Title Report and the Statement of Information. Also, there was a brief discussion to CLTA and ALTA title insurance policies. Finally, there was a discussion of the Real Estate Settlement Procedures Act (RESPA).

This show provided an overview of Real Estate Finance and discussed different types of promissory notes and other types of financial terms. Also, there was a detailed discussion of the different types of clauses used in financial instruments.

This show continued a discussion of real estate financing programs. The show began with a discussion of interest only loans, loans with balloon payments, fully amortized loans and adjustable rate loans. Also, there was a discussion of mortgages and deeds of trust which serve as security instruments of real estate loans.

This show provided an overview of Real Estate Financial Institutions and discussed economic cycles, The Federal Reserve and how it controls the money supply and how interest rates affect property values. Also, there was a discussion of shopping for a loan and the steps required for a consumer to obtain a real estate loan. Finally, the Real Estate Settlement Procedures Act (RESPA) and credit scoring were discussed.

This show continued a discussion of Real Estate Financial Institutions. The show opened with a discussion of the Uniform Residential Loan Application and the types of financial information required on the form. Next, there was a discussion of the different types of lenders and the roles they play in the mortgage market. Finally, lending corporations and the secondary mortgage market were covered.

This show provided an overview of the basic concepts of Real Estate Appraisal and discussed issues like the structure of the appraisal process, gathering the necessary data and factors that influence a property appraisal value. Also, there was a discussion of different types of property lots affect the property's value.

This show continued with the discussion of the basic concepts of Real Estate Appraisal and different types of property lots and how the shape, location, and design affect the property's value. Next, there was a discussion of why real estate professional need to know the structural components of a home. Finally, there was a discussion of The Basic Appraisal Principles e.g. supply and demand, change, conformity, etc. and how these economic concepts affect a property’s value.

This show provided an overview of the three approaches i.e. market, cost, and income to real estate appraisal. There was a detailed discussion of the market and cost approach methods used in real estate appraisal. Also, there was a demonstration of the Marshall & Swift cost estimating web site.

This show continued the discussion of the income approach to real estate appraisal. Also, there was a review of the educational and experience requirements for obtaining a real estate appraisal license.

This show began with a discussion of Subdivision and Government Control. Topics covered included police power, Subdivision Map Act, Subdivided Lands Act, Public Reports and Common Interest Developments.

This show continued the discussion of Subdivision and Government Control. Topics covered included environmental laws, planning commission, Master General Plan, zoning, variance, conditional use permit, and fair housing laws.

This show began with a discussion of Taxation of Real Estate. Topics covered Property Taxes, Documentary Transfer Tax and Special Assessments.

This show continued the discussion of Taxation of Real Estate. Topics covered included Property Tax Sales, Gift and Estate Taxes and Federal Taxes on the operation and sale of both personal and income producing investment properties.

This show began with a discussion of Real Estate Math and the need for real estate agents to really know how to quickly and accurately calculate financial and physical measurements for their clients. There was also an emphasis on how important it is to easily convey this information to their clients so they can better make financial decisions. Topics covered included area measurement, percentage problems, Huber’s Pyramid and principle and interest calculations.