Contra Costa College
Course Outline
Department &Number
Course Title
Prerequisite
Co-requisite
Challenge Policy
Advisory
RE-164
Real Estate Finance
None
None
70% passing score on midterm and final examinations
None
Number of Weeks
Lecture Hours
Lab Hours
Hours By Arrangement
Activity Hours
Units
18
3
3
COURSE/CATALOG DESCRIPTION
This course includes as topics to be covered, the analysis of real estate lending policies and problems in
financing; transactions in residential, apartment, commercial and special purpose properties. Methods of
financing properties will be emphasized. This course applies toward the state educational requirements for the
salesperson/agent and broker’s examination. Not repeatable.
COURSE OBJECTIVE
At the completion of the course the student will be able to:
Demonstrate and employ his/her knowledge and skill in the financing of real estate.
Utilize the course to satisfy Department of Real Estate licensing requirements.
COURSE CONTENT: (In detail; attach additional information as needed and include percentage breakdown)
5
10
10
10
10
10
15
10
10
10
%
%
%
%
%
%
%
%
%
%
Orientation and introduction to RE Finance
The mortgage market and its relationship to the economy
Sources of funds for mortgage lending [General and CA]
Conventional, FHA and VA loan programs
Mathematics of RE finance, financial analysis and taxation.
Legal aspects of RE finance
Loan application, processing and property appraisal
Construction, tract, purchase-leaseback and leasehold financing
Special purpose and Income property financing
Alternative, junior financing, overlapping deeds of trust and hypothecation.
Summary and problem solving.
METHODS OF INSTRUCTION
Lecture.
Class discussions.
Group projects/presentations
Audio-Visual Aids.
INSTRUCTIONAL MATERIALS
Real Estate Finance, 6th Edition
Textbook Title:
Huber/Messick
Author:
Publisher:
Educational Textbook Company Inc.,
2007
Edition/Date:
COURSE EXPECTATIONS (Use applicable expectations)
Outside of Class Weekly Assignments
Hours per week
Weekly Reading Assignments
3
Weekly Writing Assignments
2
Weekly Math Problems
Lab or Software Application Assignments
Other Performance Assignments
1
STUDENT EVALUATION: (Show percentage breakdown for evaluation instruments)
40
20
20
20
%
%
%
%
Midterm examinations
Final examination
Group project/presentation
Participation
GRADING POLICY (Choose LG, CR/NC, or SC)
X
Letter Grade
90% - 100% = A
80% - 89% = B
70% - 79% = C
60% - 69% = D
Below 60% = F
Prepared by:
Course New/Revision Date:
Course Effective Date:
Revised 11/07
Credit / No Credit
70% and above = Credit
Below 70% = No Credit
John C. Rusting
04/09/2008
Spring 2008
Student Choice
90% - 100% = A
80% - 89% = B
70% - 79% = C
60% - 69% = D
Below 60% = F
or
70% and above = Credit
Below 70% = No Credit