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Key Benefit: Highly practical in focus, this book reflects today's ever-changing real estate market as it examines such basic principles as creative financing, construction financing, adjustable and variable rate mortgage plans, and real estate mathematics.Key Topics: Focusing on financing for the home buyer, this book covers buyers in all income categories and discusses various types of lenders; different types of financing; the process of a mortgage; and common mortgage problems with some potential solutions. The sixth edition of California Real Estate Finance has been revised to incorporate a simplified presentation, while expanding coverage of many topics. It includes a unique new chapter on financing for low- and moderate-income home buyers. The book also now includes a section on the use and application of the financial calculator for solving real estate problems. Market: An essential reference for any real estate professional, home buyer, or seller in the state of California.
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Most Helpful Customer Reviews
3.0 out of 5 stars
Sufficient information but poor written,
By
This review is from: California Real Estate Finance (Paperback)
I believe this book contains sufficient information in order to learn and understand Real Estate Finance basics. At the same time the book is poor written and has considerable number of errors and contradictions. It is pretty hard to read and understand some of the chapters.
4.0 out of 5 stars
Good info,
By WDH (Bakersfield) - See all my reviews
Amazon Verified Purchase(What's this?)
This review is from: California Real Estate Finance (Paperback)
Perfect information book for anyone trying to understand financing or is in the mortgage or real estate business.
4 of 7 people found the following review helpful:
3.0 out of 5 stars
I Used Professional Real Estate Problem Solving Using the HP,
By kerry "kerry" (california) - See all my reviews
This review is from: California Real Estate Finance (Paperback)
I used the HP-12C financial calculator instead of the TI Real Estate BA calculator with this book. One of our agents who is studying for the broker's exam used my HP-12C along with Mr. John A. Tirone's excellent "Professional Real Estate Problem Solving Using the HP-12". The Tirone book covers more than enough to get one through the california real Estate Finance book, and you can do it easier with the HP 12 C, at least that is my thought on the matter.
One problem which gave our agents trouble was on page 354 of the California real estate finance book. It is an bi-weekly loan payment problem: the example in this book is exacly the example that Mr. Tirone has in his HP-12C real estate problem solving book (a bi-weekly loan with $100,000 PV, 10% annual interest rate, amortization-loan term of 360 months!). However, the answers are different! Who is right? Whose is wrong? we called Mr. Tirone to go over the problem and he gave us a Finance Lesson, true to form we hear! Result is we know there is a typo in the term of the bi-weekly loan on page 354; not a big problem, off by just a little bit. Again, Professional Real Estate Problem Solving Using the HP 12C rules the day!
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