## Calculator Mathematics for the Real Estate Professional |

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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.

### Contents

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 |