This classic text has trained over 70,000 real estate professionals. This edition contains in-depth and easy-to-understand coverage of the real estate finance industry, as well as a variety of updated and new topics, including loan types, web references, electronic tools and more. It can be used for prelicensing students, as well as for semester-length courses in two-and four-year colleges.

• “In Practice” and “For Example” sections in each chapter help students make the connection between principles in the book and real life scenarios
• Chapter review questions include answers with detailed rationales
• Key terms and summaries in each chapter
• NEW- Web references included in each chapter, as well as a full Web Site Appendix
• NEW- Appendix of regulatory board contact information and web sites