Real Estate Principles: a Value Approach ISE （7TH）

Ling, David/ Archer, Wayne

McGraw-Hill Education（2023/03発売）

• 製本 Paperback:紙装版/ペーパーバック版
• 言語 ENG
• 商品コード 9781266284960

Full Description

Real Estate Principles: A Value Approach demonstrates how value is central to virtually all real estate decision-making. Students using Ling and Archer should finish the course with a value-oriented framework and a set of valuation and decision-making tools that can be applied in a variety of real-world situations. The key to making sound investment decisions is to understand how property values are created, maintained, increased, or destroyed.
 
Since the launch of Real Estate Principles: A Value Approach, significant and lasting changes have come upon the world of real estate. This is very true in real estate finance and capital sources where most of the traditional lenders have been transformed or displaced, giving way to a radically different set of players in mortgage finance. There has been change with profound and far-reaching implications in a world where it is understandable that property values can go down as well as up. This realization will color every aspect of real estate investment, finance and transactions for the foreseeable future.

Contents

PART 1: SETTING THE STAGE 
Chapter 1: The Nature of Real Estate and Real Estate Markets 

PART 2: LEGAL AND REGULATORY DETERMINANTS OF VALUE 
Chapter 2: Legal Foundations to Value 
Chapter 3: Conveying Real Property Interests 
Chapter 4: Government Controls and Real Estate Markets 

PART 3: MARKET VALUATION AND APPRAISAL 
Chapter 5: Market Determinants of Value
Chapter 6: Forecasting Ownership Benefits and Value: Market Research 
Chapter 7: Valuation Using the Sales Comparison and Cost Approaches 
Chapter 8: Valuation Using the Income Approach 

PART 4: FINANCING HOME OWNERSHIP 
Chapter 9: Real Estate Finance: The Laws and Contracts 
Chapter 10: Residential Mortgage Types and Borrower Decisions 
Chapter 11: Sources of Funds for Residential Mortgages 

PART 5: BROKERING AND CLOSING THE TRANSACTION 
Chapter 12: Real Estate Brokerage and Listing Contracts 
Chapter 13: Contracts for Sale and Closing 

PART 6: TIME, OPPORTUNITY COST, AND VALUE DECISIONS 
Chapter 14: The Effects of Time and Risk on Value 
Chapter 15: Mortgage Calculations and Decisions 

PART 7: FINANCING AND INVESTING IN COMMERCIAL REAL ESTATE 
Chapter 16: Commercial Mortgage Types and Decisions 
Chapter 17: Sources of Commercial Debt and Equity Capital
Chapter 18: Investment Decisions: Ratios 
Chapter 19: Investment Decisions: NPV and IRR 
Chapter 20: Income Taxation and Value

PART 8: CREATING AND MAINTAINING VALUE
Chapter 21: Enhancing Value Through Ongoing Management 
Chapter 22: Leases and Property Types 
Chapter 23: Development: The Dynamics of Creating Value