RES 1501 - Real Estate Finance & Appraisal

2 Cr. Hr(s).
Exploration of the methods and procedures involved in the financing of real estate. Comparison of various loan programs and their unique characteristics. A detailed review of the loan application and closing process as it relates to residential real estate transactions. The role and methodology involved in an appraisal report and its position in the loan approval process. Understanding the three most common approaches to value, the application of each in residential transactions, and the analysis of investment properties.