Part 1 SETTING THE STAGE

1 The Nature of Real Estate and Real Estate Markets

Part 2 LEGAL AND REGULATORY DETERMINANTS OF VALUE

2 Legal Foundations to Value

3 Conveying Real Property Interests

4 Government Controls and Real Estate Markets

Part 3 MARKET VALUATION AND APPRAISAL

5 Market Determinants of Value

6 Forecasting Ownership Benefits and Value: Market Research

7 Valuation Using the Sales Comparison and Cost Approaches

8 Valuation Using the Income Approach

 Part 4 FINANCING HOME OWNERSHIP

9 Real Estate Finance: The Laws and Contracts

10 Residential Mortgage Types and Borrower Decisions

11 Sources of Funds for Residential Mortgages

Part 5 BROKERING AND CLOSING THE TRANSACTION

12 Real Estate Brokerage and Listing Contracts

13 Contracts for Sale and Closing

Part 6 TIME, OPPORTUNITY COST, AND VALUE DECISIONS

14 The Effects of Time and Risk on Value

15 Mortgage Calculations and Decisions

Part 7 FINANCING AND INVESTING IN COMMERCIAL REAL ESTATE

16 Commercial Mortgage Types and Decisions

17 Sources of Commercial Debt and Equity Capital

18 Investment Decisions: Ratios

19 Investment Decisions: NPV and IRR

20 Income Taxation and Value

 Part 8 CREATING AND MAINTAINING VALUE

21 Enhancing Value through Ongoing Management

22 Leases and Property Types

23 Development: The Dynamics of Creating Value