Texas Real Estate Principles II Course

Texas Principles 2

Texas Real Estate Principles II Course

Price: $88.00

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Students are provided with real estate problems and the solutions to solve them. Upon completing this course, you will be able to identify real estate terminology and recognize Texas’s real estate laws and principles. Required course. New correspondence version with convenient downloadable PDFs. TREC approved.

Allied’s Proctoring Service is available for students enrolled in any Texas pre-licensing course. To schedule an appointment, students should access the "Proctor" button in the course’s toolbar. From there, students may launch a calendar of available dates and times. Once scheduled, students will receive a confirmation email with additional instructions.

About Your Texas Real Estate Course

Gain access to PDF eBooks to read on the go and take quizzes and exams online!

Course Features:

  • Convenient eBooks in Downloadable PDF Format
  • No Seat Time Requirement – You may complete courses in no less than three days (max 12 hours per day)
  • Quizzes and Final Exams Completed Online
  • 100% Required on All Assignments, except Final
  • Proctored Final Exam
  • Hardcopy Textbooks Available for an Additional Cost

Texas Real Estate Principles II (30 Hours)

In this second Texas real estate principles course, you will continue to learn more about the terminology, laws, and practices of the real estate business. Similar to the first class, this is a 30-hour online course correspondence course with online quizzes and final. This is a required course for getting your Texas salesperson’s license.

Course Materials:

  • Texas Real Estate Principles II, Tom Jensen
  • 12 required units: 30 Hours
  • Each unit includes: Overview, Objectives and Assignments with Textbook Reading, Supplemental Reading, Multiple-Choice Practice Quiz, Multiple-Choice Unit Exam and Case Studies in Units 5, 8 and 9
  • Online Final (covers 1-12): 60 Multiple-choice questions; Proctored; 2-hour time limit

Course Description:

Texas Real Estate Principles II is a 30-hour course that covers basic real estate principles and Texas-specific information. The course starts with a presentation of how ownership to real property is acquired and conveyed. Federal and state regulations that govern the use of land in Texas are explained. The primary and secondary mortgage markets are reviewed as well as the functions of the Fed, Fannie Mae, Freddie Mac, and Ginnie Mae. The characteristics of conventional, conforming, non-conforming, and government-backed loans are introduced. The loan underwriting process and the finance instruments are discussed and an overview of the fair lending laws is presented. Students will study the steps in the appraisal process and the closing process. Other real estate activities are discussed, such as investing, development, business opportunities, and property management. Students are provided with real estate problems and the solutions to solve them. Upon completing this course, you will be able to identify real estate terminology and recognize Texas’s real estate laws and principles. The information presented will also assist students in preparing for their real estate licensing exam.

Course Objective:

  • Identify the manner in which real property interests can be acquired and conveyed.
  • Recognize the federal and state regulations that restrict and govern land use in Texas.
  • Recall characteristics of and participants in the primary and secondary mortgage markets.
  • Identify the types of home loan programs available to borrowers.
  • Recognize the underwriting process, finance instruments used to obtain a home loan, and the fair lending laws.
  • Recall the purpose of an appraisal, the main appraisal methods used to develop an opinion of value, including their applications and methodologies, and the elements and economic principles that influence the opinion of value.
  • Recall the escrow procedures and title services needed to close transactions and ensure a good and indefeasible title.
  • Identify niche markets and other real estate related activities, such as investing, development, and marketing commercial properties, or business opportunities.
  • Designate the main functions of a residential property manager and recall the purpose and elements of management agreements.
  • Recall relevant clauses of the landlord-tenant act that pertain to the leasing process, classification of leases, and clauses used in lease contracts.
  • Specify the advantages and disadvantages of investing in real estate.
  • Solve real estate problems using math and basic formulas.

Enroll now or talk with an Allied Representative today.

TREC Approved Proprietary School ID # 990009260; QE Provider # 0595; MCE Provider #04850

Course code 9-TX-PRINII-18

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