Real Estate Math Thoroughly Explained: All the Math that Every Salesperson and Broker Needs to Know

EASY TO UNDERSTAND, YET THOROUGH AND AUTHORITATIVE The author of this book has taught mathematics to university students at UC Berkeley and is a graduate of Harvard Law School and a licensed real estate broker. The book begins by helping you brush up on the math skills you might have forgotten from high school and proceeds to familiarize you with the concepts necessary to easily solve the math problems on real estate exams. The book contains 315 examples and problems with thoroughly explained solutions, including 4 practice exams with multiple-choice questions of the type encountered on real estate exams, and presents clear and simple explanations of: Fractions Decimals Percentages Area and volume Commissions Property values Interest Discount points Loan-to-value ratios Prorations Amortization Appraisal methods Property taxes Transfer taxes Qualifying for a loan Private mortgage insurance Additionally, there is a table of contents and an extensive index to help you easily locate key concepts in the book.