Part 1: Setting the Stage

1. The Nature of Real Estate and Real Estate Markets
2. Value and Real Estate Decisions

Part 2: Legal and Regulatory Determinants of Value

3. Legal Foundations to Value
4. Conveying Real Property Interests
5. Government Controls and Real Estate Markets

Part 3: Market Analysis and Appraisal

6. Market Determinants of Value
7. Forecasting Ownership Benefits and Value: Market Research
8. Valuation Using the Sales Comparison and Cost Approaches
9. Valuation Using the Income Approach

Part 4: Financing Home Ownership

10. Real Estate Finance: The Laws and Contracts
11. Residential Mortgage Types and Borrower Decisions
12. Sources of Funds for Residential Mortgages

Part 5: Brokering and Closing the Transaction

13. Real Estate Brokerage and Listing Contracts
14. Contracts for Sale and Closing

Part 6: Time, Opportunity Cost and Value Decisions

15. The Effects of Time and Risk on Value
16. Mortgage Calculations and Decisions

Part 7: Financing and Investing in Commercial Real Estate

17. Commercial Mortgage Types and Decisions
18. Sources of Commercial Debt and Equity Capital
19. Investment Decisions: Ratios
20. Investment Decisions: NPV and IRR
21. Income Taxation and Value

Part 8: Creating and Maintaining Value

22. Enhancing Value through Ongoing Management
23. Leases and Property Types
24. Development: The Dynamics of Creating Value