Credit Hours: 3
Does real estate math make you anxious and uneasy or do you need a refresher?
This course is delivered in our stunning on-demand video lecture format. With our on-demand video lectures, you have the ability to access professional instruction anytime and anywhere you have an internet connection! This on-demand course engages, enlightens, and entertains!
You will review the calculations to determine a commission under different circumstances. Additionally, you will understand how to determine the seller’s net from sale and price based on a specified seller’s net. You’ll review the calculations necessary to establish the amount a property has appreciated or depreciated. Building on this calculation, you will then review how to ascertain the rate of return on a property and verify formulas necessary for property managers.
Loan calculations will be reviewed and you’ll develop greater understanding of loan-to-value ratio and equity, discount points and origination fees, amortization and qualifying a buyer, area calculations, legal descriptions, and much more.
This course has been approved by the Minnesota Commissioner of Commerce for 3 hours of appraisal continuing education.