Essentials Of Real Estate Finance 15th Edition Pdf
Real estate finance is a critical component of the real estate industry, as it deals with the financing and investment aspects of real estate transactions. The 15th edition of Essentials of Real Estate Finance by David Sirota, Marcie Bour, and Karen Stefano is a comprehensive guide to understanding the fundamentals of real estate finance. The book covers various topics, including the principles of real estate financing, the mortgage market, mortgage-backed securities, and real estate investment trusts.
The Authors
The authors of Essentials of Real Estate Finance are experienced professionals in the real estate industry. David Sirota is a professor of real estate and finance at Roosevelt University in Chicago. Marcie Bour is a real estate professional with over 25 years of experience in the industry. Karen Stefano is an attorney and real estate professional with over 20 years of experience.
The Contents
The 15th edition of Essentials of Real Estate Finance is divided into 22 chapters, covering the following topics:
- The real estate finance industry
- Money and interest rates
- Time value of money
- Financial mathematics
- Mortgage markets
- Mortgage instruments: notes and bonds
- Mortgage instruments: mortgages and deeds of trust
- Mortgage payment plans
- Qualifying the borrower
- Underwriting and processing the loan
- Closing the loan
- Government involvement in real estate financing
- Mortgage-backed securities
- Real estate investment trusts
- Income property investment analysis
- Financial leverage and debt structure
- Equity investment in income property
- Valuation of income properties
- Appraisal of real estate
- Investing in land
- Real estate cycles
- Real estate investment analysis
The Benefits
The 15th edition of Essentials of Real Estate Finance is an excellent resource for anyone who wants to understand the fundamental concepts of real estate finance. The book is written in an easy-to-understand language, making it accessible to both beginners and experienced professionals. The book is also full of practical examples, case studies, and exercises that help readers apply the concepts learned.
Another benefit of Essentials of Real Estate Finance is that it covers the latest developments in the real estate finance industry. The book includes discussions on mortgage-backed securities, real estate investment trusts, and government involvement in real estate financing. The inclusion of these topics makes the book relevant to current industry practices.
The Pdf Version
The 15th edition of Essentials of Real Estate Finance is also available in Pdf format. The Pdf version of the book is convenient for readers who prefer to read on their electronic devices. The Pdf version is also searchable, making it easy to find specific information quickly.
Conclusion
Essentials of Real Estate Finance 15th edition is a must-read for anyone interested in the real estate industry. The book covers the fundamental concepts of real estate finance in an easy-to-understand language, making it accessible to both beginners and experienced professionals. The Pdf version of the book is also available, making it convenient for readers who prefer electronic formats. Overall, Essentials of Real Estate Finance is a comprehensive guide that provides readers with the knowledge and skills needed to succeed in the real estate finance industry.