Cover image for Real estate principles : a value approach
Title:
Real estate principles : a value approach
Personal Author:
Series:
McGraw-Hill/Irwin series in finance, insurance, and real estate
Publication Information:
New York, NY : McGraw-Hill/Irwin, 2005
ISBN:
9780072824636
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30000010108138 HD255 L56 2005 f Open Access Book Book
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30000010108126 HD255 L56 2005 f Open Access Book Book
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30000010108130 HD255 L56 2005 Open Access Book Book
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Summary

Summary

Real Estate Principles: A Value Approach by David Ling and Wayne Archer is an exciting new entry into the Principles of Real Estate market, presenting a strong focus on valuation. Value is central to virtually all real estate decision-making including whether and how to lease, buy, or mortgage a property acquisition, whether to renovate, refinance, demolish or expand a property, and when and how to divest (sell, trade, or abandon) a property. Ling and Archer's goal in the theme of this book is to direct students toward an oriented and focused view concerning real estate so that they have a better chance to ask the right questions and seek the right information when faced with the complexities of real world real estate decisions. Real Estate Principles: A Value Approach provides students and instructors with the most modern, engaging and attractive textbook available on the subject. It also offers the best website available, as well as strong in-text Internet content that helps readers use technology to enhance the learning experience.


Table of Contents

Part 1 Setting The Stage
1 The Nature of Real Estate and Real Estate Markets
2 Value and Real Estate Decisions
3 The Effects of Time and Risk on Value
Part 2 Sources And Limitations To Value
4 Legal Foundations of Value
5 Market Determinants of Value
6 Government Controls and Real Estate Markets
7 Forecasting Ownership Benefits and Value
Part 3 Market Valuation And Appraisal
8 Valuation Using the Sales Comparison and Cost Approaches
9 Valuation Using the Income Approach
Part 4 Financing Real Estate Ownership
10 Real Estate Finance Law: The Rules of the Mortgage Finance Game
11 Mortgage Mechanics and Calculations
12 Residential Mortgage Types and Borrower Decisions
13 Sources of Funds for Residential Mortgages
14 Commercial Mortgage Types and Decisions
15 Sources of Commercial Debt and Equity Capital
Part 5 Investment Valuation
16 Valuing Investment Opportunities
17 Enhancing Value through Ongoing Management
Part 6 Acquiring And Disposing Of Ownership Interests
18 Conveying Real Property Interests
19 Real Estate Brokerage and Listing Contracts
20 Contracts for Sale and Closing
Part 7 Advanced Topics
21 Leases and Property Types
22 Income Taxation and Value
23 Risk Management in a Portfolio Context
24 Development: The Dynamics of Creating Value