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.
Gain access to PDF eBooks to read on the go and take quizzes and exams online!
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.
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TREC Approved Proprietary School ID # 990009260; QE Provider # 0595; MCE Provider #04850
Course code 9-TX-PRINII-16