'BUSR' -- Real Estate Courses
 
   
 

 
BUSR 53 Course Image

BUSR 53 - Real Estate Finance
                  (3 units)
This course covers real estate financing sources, loans underwriting, applications, and appraisals.  Can be used to meet the additional education requirement of the salesperson or broker license.
 
(54 hours lecture;      Degree appropriate)
Prerequisite:   BUSR 50 - Real Estate Principles   or employment in the real estate field

Course Measurable Objectives:

  1. Describe the sequence of events and the time line that make up the foreclosure process.
  2. Analyze the advantages and disadvantages of variable rate loans from the standpoint of both the consumer and the financing institution.
  3. Solve mathematical problems in real estate finance.
  4. Assess given loan applications and credit reports and draw appropriate conclusions about the applicant's qualifications for a loan.
  5. Compare and contrast financial advantages and disadvantages of ownership of a given residential investment property, including income tax implications.
  6. Describe the legal process for foreclosure.

Course Level Student Learning Outcomes:


Students completing BUSR 53 - Real Estate Finance will be able to:
  1. identify the role of the Secondary Mortgage Market.
  2. understand the elements of an adjustable rate loan.
NOTE:  Every effort is made to ensure the accuracy and timeliness of this information; however, students should consult the college catalog for the most current and accurate information regarding degrees, certificates, or courses.
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