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CONTINUING EDUCATION COURSES 1. BASIC REAL ESTATE FINANCING (3 HOURS)
This course provides an introduction to real estate finance, including information on the underwriting process for FHA, VA, FNMA & FHLMC loans. In this course, the student will learn the basics of the different types of loans available and the advantages and disadvantages of each; loan applications; appraisals; escrow; title; and credit reports, including qualifying for loan amounts and verifying income and assets.
2. PROPERTY MANAGEMENT (3 HOURS)
Property management, a special category of real estate, is the group of services contracted by an owner from a professional property manager or management firm. The quality of management directly affects the profitability of the property being managed. The property manager protects the owner's capital investment in a piece of real estate, and makes sure that the property generates profit. In many cases, property managers must be licensed real estate brokers.
This module covers the basic functions of the property manager, including administrative duties, leasing practices, and the manger's relations to the owner and the tenants. It explains how to construct a management agreement so that the manager and the owner understand one another's roles. Licensees will benefit from understanding the types of property management, as well as the duties that sussessful property managers must fulfill.
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