Chabot College
April, 1993
Course Outline for Real Estate 83
REAL ESTATE FINANCE
Catalog Description:
83 – Real Estate Finance
3 units
Financing transactions in the real estate business and in lending institutions; analysis of money
markets, interest rates and real estate financing. Financing procedures, residential and commercial
financing. Prerequisite: Real Estate 80. 3 hours.
Prerequisite Skills:
Before entering this course, the student should understand:
1. basic concepts in preparing for entry into the real estate business;
2. the fundamentals of liens and encumbrances, contracts, agencies, contracts of real property,
financing of real estate leases, deeds, subdivisions, and other general information and
fundamental background as a preparation for entry into other courses in real estate;
3. the principles and practices that both consumers and business people need to apply.
Expected Outcomes for Students:
Upon completion of this course, the student should:
1. know the basic fundamentals of real estate finance for both residential and commercial
properties;
2. be acquainted with financial aspects involved in the various real estate transactions;
3. be able to compare and/or find real estate financing options among lending institutions to close a
deal.
Course Content
1.
2.
3.
4.
5.
6.
7.
Terminology used in real estate finance
Sources of funds
Mathematics of real estate finance
Financing procedures
Appraisal for financing purposes
Residential financing
Commercial financing
Methods of Presentation:
1.
2.
3.
4.
Lectures
Case studies with class discussion
Films and filmstrips
Guest speakers
Methods of Evaluating Student Progress:
1. Quizzes
2. Assigned projects
3. Final examination
Textbook(s) (Typical):
1. Financing California Real Estate, National Real Estate Institute, National Real Estate Institute
Company.
2. California Real Estate Finance, Pugh & Hippaka, Prentice-Hall
Special Student Materials: None
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