Real Estate Finance

REAL ESTATE FINANCE, 9e provides a contemporary review of residential and commercial real estate finance and how these financial markets work. The text has been fully updated reflecting current principles and practices of modern real estate finance resulting from the recent financial crisis and mortgage meltdown. It provides coverage of specialized mortgage lending procedures - including sources of mortgage money, constraints on those sources, loan qualifications, and laws and regulations that guide practices today. An easy-to-read narrative format continues to be the hallmark of this long-time popular real estate finance text.

The ninth edition of this text on real estate finance retains its primary emphasis on residential financing because residential financing is more clearly structured by a set of uniform practices than is commercial real estate finance. The text has been completely updated in response to the important changes of the past several years. The general format of the book has been retained; however, each chapter now begins with “Learning Objectives” designed to help students focus on the chapter’s key concepts.

Moreover, a series of multiple-choice questions concludes each chapter to assist in reinforcing important concepts, and each chapter includes a listing of useful web links to additional resources to help students keep current or find additional materials. Throughout the text students will find numerous new, updated, and enhanced topics, tables, and illustrations. Each chapter also includes a new boxed feature entitled “Where Are We Now.” Overall, this new edition presents the current information required by lenders, real estate agents, appraisers, investors, and regulators.

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Create DateSeptember 17, 2019
Last UpdatedSeptember 17, 2019

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