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Finance Instruments & Accounting Principles-64.063.(c)2
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Segment Discussion:
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Learning Objective:
What will the attendee be able to do after the course
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Documenting Financing Arrangements
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Identify Requirements of Documenting Financing Arrangements
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Deeds of Trust, Mortgages, Contract for Deed & Notes
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Select Deeds of Trust, Mortgages, Contract for Deed, and Notes
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Note and Deed of Trust Provisions
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Name requirements for Note and Deed of Trust Provisions
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Judicial / Non Judicial Foreclosure Differences
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List Judicial / Non Judicial Foreclosure Differences
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Mortgage Money Sources
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Identify Mortgage Money Sources
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Primary and Secondary Mortgage Markets
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Differentiate Primary and Secondary Mortgage Markets
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Financing -- Risk -- Evaluation and Pricing
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Analyze Financing -- Risk -- Evaluation and Pricing
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Types of Assumptions
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Apply Different Types of Assumptions
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Points and Fees
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Calculate Points and Fees
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Types of First Mortgages
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Identify Requirements of Types of First Mortgages
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ARMS - Fixed Rate and Other Types of Mortgages
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List ARMS - Fixed Rate and Other Types of Mortgages
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Accounting Principles Community Associations
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Match Accounting Principles Community Associations
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Requirements to Complete a Real Estate Transaction
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Write Requirements to Complete a Real Estate Transaction
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Settlement Statements and Proration Calculations
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Apply Settlement Statements and Proration Calculations
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