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FIRE 378. Real Estate Principles

Credits: 3
Department: Finance, Insurance & Real Estate
Description: Introductory real estate: contracts, finance, investment, appraisal, owning vs. renting, taxation and closings. Approved for pre-license education under Ch. 82, MN Real Estate License Law.
Semester Offered:
  • Fall
  • Spring
  • Summer
Grading Method: ABCDF

Student Learning Outcomes

1. Calculate a mortgage payment, principal balance, and the interest paid on a mortgage loan over a given period of time.
2. Calculate how much an investor would pay for a mortgage given the mortgage terms and the required rate of return.
3. Evaluate the benefits of each of the three approaches of determining value in the appraisal process.
4. Construct a cash flow analysis of a building given the rents, vacancy rate, operating expenses, and financing information.
5. Identify the important ratios used in real estate investment analysis.

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