Real Estate Math, Paperback/Philip Martin McCaulay

Descriere

Description The Real Estate Math publication will help real estate professionals, loan originators, and home buyers understand the math associated with real estate and mortgages. All of the formulas and examples are contained in fifteen pages. There are sections on the survey system, land cost, income property, net to seller, periodic interest, total interest paid, payments, principal remaining, down payments, loan-to-value, combined loan-to-value, debt-to-income ratios, maximum payment, maximum price, discount points, closing costs and prepaid items, adjustable rate mortgages (ARMs), and lease fees. About the Author Philip Martin Mc Caulay passed the real estate salesperson licensing exam in three states. He completed his mortgage loan originator pre-licensing education at The Cape School and passed the SAFE MLO Test. He has sold over 10, 000 study guides and practice exam books in the fields of pensions, investments, finance, real estate, math, and massage therapy; including over thirty category top-100 bestsellers on Amazon. He has also written category bestsellers in anatomy, card games, history, and cooking. Philip Martin Mc Caulay is an actuary with a BA in Mathematics from Indiana University. He is a Fellow of the Society of Actuaries (FSA) and an Enrolled Actuary (EA). His books are in the holdings of libraries all over the world including the Library of Congress.