Today's real estate consumers are very unique. They grew up with technology and their speedy access to information drives consumer habits. The role of the real estate professional has progressed because of technology, as well as increased governmental regulations. With the evolution of the Consumer Financial Protection Bureau and continued emphasis on consumer protection, real estate professionals work in a changing and exciting world. This principles book was written to help today's students become tomorrow's professionals. It lays the foundation of the market giving readers the tools on which to base a successful career. Updates include new topics of Title Insurance, Wind Energy, Identify Theft, and Real Estate Investment Trusts, along with updated discussions of current FHA coverage, mortgage insurance, construction regulations, TILA, mortgage loan origination, creative financing, RESPA regulations, and capital gains topics.
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Key Benefit: Suited for those seeking a full or part-time career in real estate, those who own or plan to own a home or investment property, or anyone seeking to broaden their knowledge of real estate, this text covers it all—real estate brokerage, appraisal, financing, contracts, closings, investing, land descriptions, rights and interests, fair housing, taxes, leases, condominiums, zoning, careers, licensing, the use of computers in real estate, and more. Key Topics: The Seventh Edition includes coverage of such timely topics as real estate agent's liability and professional obligation to buyers and sellers, brokers who represent buyers, advance fee listings, errors and omission insurance, foreclosure and timesharing. All of these topics are presented in a straightforward, easy-to-read style that makes learning the principles and practices of real estate both accessible and enjoyable. This text offers the same coverage as these authors' Real Estate: An Introduction to the Profession plus an additional two chapters and six appendices!
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