Customer Reviews

California Real Estate Finance

5 star:		(2)
4 star:		(1)
3 star:		(2)
2 star:		(0)
1 star:		(0)

 

 

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.

Perfect information book for anyone trying to understand financing or is in the mortgage or real estate business.

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!

This book is good. I purchased it as text for my class. It has all the information required for my class so I am satisfied with it.

The book arrived in a very timely manner and was in great shape. Thank you!