RE-160 Lecture Notes - Lecture 1: Building Owners And Managers Association, Credit Union, Government National Mortgage Association

• School: Diablo Valley College
• Department: Business Accounting/Management/Marketing/Real Estate
• Course: RE-160
• Professor: Langager

Document Summary

The real estate market employment, population, supply and demand. Real estate and the law legal descriptions and rights. Real estate financing and the finance industry. Become very familiar with the following calculations . Mortgage payment amounts (pmt) (when given present value (pv), number of payments (n), and interest (i/yr) . Future value when given (n), payment amounts (pmt) Interest when given (pv), (fv), & (n) and (i/yr) . Real estate brokerage lease real property for others and to charge a fee. A person or company licensed to buy, sell, exchange, or. Person who has satisfied the requirements of a licensing agency authorized by state legislation. Process of developing an opinion of a property"s market value, based on established methods and professional judgement. Lenders, buyers, sellers, government (taxation & right of way), insurance companies, federal agencies, lawyers, Person or company hired to maintain and manage property on behalf of the property owner. Protect the owner"s investment and maximize returns.