Main Campus · Richards College of Business · Marketing/Real Estate
Real Estate Finance
- Spring 2022
- Section 01D
- 3 Credits
- 01/08/2022 to 05/10/2022
- Modified 01/05/2022
This standard Syllabus is basic. Please review the more detailed Syllabus under INTRODUCTION in The Table of Contents.
Analyze the different financial institutions that are sources of equity and mortgage funds for the real estate industry. The real estate mortgage and the other real property security agreements are examined in depth. Other emphasized topics include financial leverage, the secondary market, loan qualifications, foreclosure, mortgage payment plans and financial math.
(RELE 3705 or REA 305 ) or (FINC 3511 or FIN 360 ) and Richards Col Upper Division RCUD
Instructor: Dr. Jim Burton, Office: Richards Hall 362; Office Hours: Wednesdays 2-5:00 pm; and you can call me on my cell phone from 9 am to 9 pm to schedule a meeting time. Email me within CourseDen.
The class will meet online on selected Tuesdays at 3:30 pm to practice real estate finance math problems,
Required: Brueggeman & Fisher, REAL ESTATE FINANCE & INVESTMENTS, 16th Edition, 2019, McGraw-Hill.
Calculator: A financial calculator is required. The HP10B II ($30. +/-) will be used by the Instructor; Professor strongly recommends this calculator! Students are responsible for learning to operate their own financial calculator.
- To learn more about real estate finance from the text (BBA 1, 2, 3 & RE).
- To understand present value & future value concepts better (BBA 1, 4, 5 & RE).
- To learn more about real estate finance math problems (BBA 2 & RE).
- To enhance self-confidence (BBA 1, 5, 6 & RE).
- To learn more about job opportunities in real estate finance (BBA 5, 6 & RE).
Examinations: There will be weekly chapter quizzes online, two online tests, and an in-class final exam. Quizzes will be monitored using LockDown Browser & Respondus Monitor that require a computer with camera; please call me promptly if you do not have a computer with camera to use. If you fail to follow the specific directions for LockDown Browser & Respondus Monitor on a quiz or test, you may receive a zero grade. The Final Exam for RELE 3730 is comprehensive and will be given on Wednesday, May 4, at 5:00 P.M. in Richards Hall Room 121.
Make-up Exams: No make-up quizzes or exams are permitted.
Grading: Each student is evaluated on chapter quizzes (20%), two tests (25% each), and a comprehensive final examination (30%). Telephone inquiries concerning grades cannot be accepted, and grades are posted on Banweb. Cheating in any form will result in failure and other consequences. Students are required to take quizzes and exams at the time the quiz or exam is given. Anyone who fails to complete a quiz or attend an exam on time will be given a ZERO for that exam or quiz unless the student is excused and arrangements are made to make up the exam in advance of the announced date of the quiz and/or exam.
Tentative Course Outline:
Date Topics Chapter Quiz
1/11 Get Acquainted & Administrivia, Online Zoom Meeting Syllabu
1/17 Legal Concepts 1 1
1/24 Mortgage Legal Instruments 2 2
1/31 Compound Interest (PV & FV) 3
1/31 Compound Interest Problems 3 3
2/7 Fixed Rate Mortgages -online Class 3:30 pm 4 4
2/14 Test 1, Text Chapters 1-4, 3:30 pm, online
2/15 Graduated Payment Mortgages-online Class 3:30 pm 4 Appendix 4A
2/21 Adjustable-Rate Mortgages – online Class 3:30 pm 5 5
2/28 Residential Financial Analysis-online Class 3:30 pm 6 6
3/3 Last Day to withdraw with grade of “W”
3/7 Single Family Housing -online Class 3:30 pm 7 7
3/14 Underwriting Residential Loans- online Class 3:30 pm 8 8
3/21-3/25 Spring Break – No Class
3/28 Test 2, Text Chapters 5-8, 3:30 pm, online
4/4 Leases -online Class 3:30 pm 9 9
4/11 Income Property Valuation- online Class 3:30 pm 10 10
4/18 Financial Leverage- online Class 3:30 pm 12 12 4/25 Development Financing- online Class 3:30 pm 16-17 13
4/29 Optional Review Final Exam, Friday, 3:30 pm, online
5/6 FINAL EXAM, Wednesday, May 4, at 5:00 P.M. in 121 Richards Hall.
Having read the Honor Code for the University of West Georgia, I understand and accept my responsibility to uphold the values described therein and to conduct myself in a manner that will reflect the values of UWG and the Richards College of Business so as to respect the rights of all UWG community members. As a UWG student, I will represent myself truthfully and complete all academic assignments honestly and within the parameters set by my instructor.
I understand and accept that if I am found guilty of violations (through processes due me as a UWG student and outlined in the UWG Student Handbook), penalties will be imposed.
I also recognize that my responsibility includes a willingness to confront members of the UWG community if I feel there has been a violation of the Honor Code.
Ultimately, I will conduct myself in a manner that promotes UWG as the best place to work, learn, and succeed for my generation, and those to come!
About the Richards College of Business
To become a globally recognized college of business preparing forward-thinking, responsible leaders.
We are in the business of transforming lives through education, engagement, and experiences.
Strategic Goals and Values
Admit quality students and provide them with an education that is rich in experiences and engagement opportunities to prepare them to be effective and ethical professionals.
Recruit, retain and develop faculty and staff by providing sufficient resources to support dynamic and up-to-date bachelor and master-level curricula, to conduct research and other professional activities, and to support engagement with all stakeholders.
Recruit, retain and develop administrative management and staff personnel to manage, develop and support infrastructure and those activities that build internal and external partnerships while working in an ever-changing environment.
The Richards College of Business community (administrators, faculty, staff, students, and business partners) share a commitment to the principles of honesty and integrity in interactions and undertakings, accountability for personal behavior, and respect for the rights, differences, and dignity of others. In addition, we strive to continuously improve our abilities to recognize unethical behavior and to make ethical and moral decisions.
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This standard Syllabus is basic. Please review the more detailed Syllabus under INTRODUCTION in The Table of Contents.