This self-teaching guide is the fast and easy way to learn essential real estate math skills in order to handle real estate transactions with confidence. Real Estate Math Demystified helps you improve your proficiency in math, pass the real estate exam, and prepare for actual real estate practice. Topics covered include list, sale, and net pricing, appreciation and depreciation, property transfer taxes, appraisal methods, and much more. End-of-chapter quizzes and a final exam reinforce key topics, and drawings and tables enhance understanding of necessary real estate math calculations.

Acknowledgments

Introduction

Chapter 1: Review of Math Skills

Chapter 2: Fractions, Decimals, and Percentages

Chapter 3: Commissions, Growth Rates, and Net Proceeds

Chapter 4: Legal Descriptions and Lot Size

Chapter 5: Real Estate Taxes

Chapter 6: Time Value of Money (TVM)

Chapter 7: Mortgage Calculations Using TVM

Chapter 8: Appreciation and Depreciation

Chapter 9: The Closing and Closing Statements

Chapter 10: Real Estate Appraisal

Chapter 11: Real Estate Investment Analysis

Chapter 12: Risk in Real Estate

Chapter 13: Leases

Final Exam

Glossary

Quiz Answers

Final Exam Answers

Index

Steven P. Mooney is holder of the Minnesota Chair in Real Estate at St. Cloud State University.