Calculator Mathematics for the Real Estate Professional

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Lawrence R Rosen, 1978 - Real estate business - 223 pages
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Calculator Mathematics for the Real Estate Professional has two objectives: 1) to
show you how to correctly answer the mathematics questions on a real estate
licensing examination for salespersons
or brokers; 2) to be a time-saving reference
for real estate professionals, investors, tenants, accountants, lenders, and attor-
neys.
Even those who are capable of performing complex mathematical com-
putations will welcome the practicality of having the formulas and methods con-
tained in one easy-to—use reference and will benefit from the short-cut, time—saving
techniques described, including—how to determine in seconds (without handbooks
or tables) the monthly payment on a mortgage loan, the outstanding loan bal-
ance at any particular point in time, or the interest portion of mortgage payments for
a given year
The first ten chapters explain the various computations one will encounter in licens-
ing examinations and evewday practice.
The last three chapters describe how to use a pocket calculator to quickly solve
these computations, and provide the method of solving more complex and ad-
vanced problems such as: computation of the area of unusually shaped land areas
and the various calculations related to "balloon" mortgages. Examples are given
for an algebraic language calculator and a reverse Polish calculator as well as for a
basic four function model.
Real estate practitioners who master the time-saving skills explained will increase
their productivity, listings, commissions, and professionalism.
 

Selected pages

Contents

Basic math
1
Scale drawings
30
Interest
37
Appraising
47
Prorations and apportionments
59
Appreciation and depreciation
68
Mortgage loans
74
Property descriptions and surveying
93
Sales contracts
111
Closing of title
125
Pocket calculators
151
Calculator solutions to typical real estate licensing examination problems
159
Calculator solutions to more complex real estate problems
170
Index
212
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