Synopses & Reviews
REAL ESTATE FINANCE, 9e provides a contemporary review of residential and commercial real estate finance and how these financial markets work. The text has been fully updated reflecting current principles and practices of modern real estate finance resulting from the recent financial crisis and mortgage meltdown. It provides coverage of specialized mortgage lending procedures - including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices today. An easy-to-read narrative format continues to be the hallmark of this long-time popular real estate finance text.
Synopsis
Presented in an easy-to-read format, this text provides a useful introduction to cutting-edge topics such as specialized mortgage lending procedures including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices.
About the Author
'John P. Wiedemer received his degree from Wharton School, University of Pennsylvania. Throuhgout his long and prestigious real estate career, John gained extensive experience in sales, owned businesses, brokered mortgage loans, sold real estate, taught real estate classes and authored numerous books.'
Table of Contents
PART I: PRINCIPLES. History and Background. Money and Interest Rates. Mortgage Lenders. Secondary Mortgage Market. Mortgage Documents. Mortgage Repayment Plans. Federal Government Underwriting Programs. Mortgage Default Insurance, Foreclosure, and Title Insurance. PART II: PRACTICES. Borrow Qualification. Property Analysis. Commercial Loans: Construction and Land Loans. Commercial Building and Farm Loans. Other Financing Practices. Technology Advances in Financing and Investments. Environmental Issues. Settlement Procedures. Glossary. Appendices. Index.