Includes bibliographical references and index.

Table of Contents

Part 1: Setting the Stage Chapter 1: The Nature of Real Estate and Real Estate Markets Part 1: Setting the Stage Chapter 1: The Nature of Real Estate and Real Estate Markets Chapter 2: Value and Real Estate Decisions Part 2: Legal and Regulatory Determinants of Value Chapter 3: Legal Foundations to Value Chapter 4: Conveying Real Property Interests Chapter 5: Government Controls and Real Estate Markets Part 3: Market Analysis and Appraisal Chapter 6: Market Determinants of Value Chapter 7: Forecasting Ownership Benefits and Value: Market Research Chapter 8: Valuation Using the Sales Comparison and Cost Approaches Chapter 9: Valuation Using the Income Approach Part 4: Financing Home Ownership Chapter 10: Real Estate Finance: The Laws and Contracts Chapter 11: Residential Mortgage Types and Borrower Decisions Chapter 12: Sources of Funds for Residential Mortgages Part 5: Brokering and Closing the Transaction Chapter 13: Real Estate Brokerage and Listing Contracts Chapter 14: Contracts for Sale and Closing Part 6: Time, Opportunity Cost and Value Decisions Chapter 15: The Effects of Time and Risk on Value Chapter 16: Mortgage Calculations and Decisions Part 7: Financing and Investing in Commercial Real Estate Chapter 17: Commercial Mortgage Types and Decisions Chapter 18: Sources of Commercial Debt and Equity Capital Chapter 19: Investment Decisions: Ratios Chapter 20: Investment Decisions: NPV and IRR Chapter 21: Income Taxation and Value Part 8: Creating and Maintaining Value Chapter 22: Enhancing Value through Ongoing Management Chapter 23: Leases and Property Types Chapter 24: Development: The Dynamics of Creating Value