Stanford Continuing Studies Program – Winter 2011 Business 76: Residential Real Estate in a Time of Recovery Syllabus

Instructors: Elaine Berlin White Real Estate Broker Attorney at Law Telephone: TBA Email: TBA C/O Coldwell Banker 800 El Camino Real #300 Menlo Park, 94025 Don Diltz Real Estate Broker Stanford M.B.A. Telephone TBA Email: TBA Managing Broker Coldwell Banker – Saint Francis Wood 2633 Ocean Ave. San Francisco, CA 94132

Course Objective: To familiarize the student with important elements of residential real estate investment. Recommended for Additional Reading but Not Required: Textbook: California Real Estate Principles. 12th Edition. Walt Huber Educational Textbook Company, Inc., 2007. Credit & Letter Grade Requirements Those students who are taking the course for credit are required to complete a paper which will be turned in on the last day of class. The specific assignment is attached and will be discussed in more detail during the third class. Schedule of Topics LOCATION, LOCATION AND LOCATION #1 February 2, 2011 Introductions Overview of Course Preliminary Definitions Reading - Chapter 1. III. p. 6-13 Valuation of Residential Real Estate – Principles Reading - Chapters 10 & 11 Video: Strategic Pricing

President.B.Chapter 3.Chapter 8 Financing Alternatives Financing a Buy before Sale Preapproval (who takes the risk) Requirements for Financing Guest Speaker: Joel Spolin. LOCATION AND TIMING #3 February 16.Stanford Continuing Studies – BUS 76 Residential Real Estate in a Time of Recovery Syllabus – Winter 2011 Page 2 of 5 LOCATION. 1031 Exchanges Principal Residence Maximizing Financial Return (Leverage) Financing Reading . First American Title Co.Chapter 7 Escrow Process Guest Speaker: Art Fuenzalida. 66-72 CC&Rs Easements Title Insurance Reading . II p.Chapter 13 Sections VI and IX. Absolute Mortgage. III p. value on sale What if the value doesn’t cover the debt? (Short Sale) Staging How to Choose an Agent Guest Speaker: Chris Cooper. Palo Alto LOCATION. LOCATION AND TITLE #2 February 9. 42-47 Conditions of Title Reading . LOCATION AND CONDITION – Selling Your Home #4 February 23.Chapter 2. 2011 Investing in Residential Real Estate Price Increases over Time California Property Taxes Tax Considerations Reading . Stagers . 2011 Residential Real Property Title Forms of Title Reading . LOCATION. 2011 Reading – Chapter 4 Selling Your Home – The Process What is important? Disclosure Inspection Home remodel cost v.

Chapter 13. 2010 Reading – Chapter 5 (especially Section V) Buying Your Home – The Process What is important? Disclosures Inspections Contingencies Special Deals?! – REOs. I p. Short Sales Property Value & Property Taxes Reading . Foreclosures. President. 447-448 How to Choose an Agent OVERVIEW OF REAL ESTATE MARKET – A MARKET ALWAYS IN TRANSITION #6 March 9. LOCATION AND CONDITION – Buying a Home #5 March 2. 2011 Influence of the Internet Recent Developments in Residential Real Estate Guest Speaker: Rick Turley. SF Bay Area *Turn in Credit and Letter Grade Paper . Coldwell Banker.Stanford Continuing Studies – BUS 76 Residential Real Estate in a Time of Recovery Syllabus – Winter 2011 Page 3 of 5 LOCATION.

7.12 pt. You might plan on visiting a number of open houses and picking the house for which you are most comfortable discussing the following issues: 1. normal margins) on the following topic. by the end of class. Print out information about the property that you can find on the internet and comment on the information and its accessibility. Pick a residential property that is on the market now or during the period up to the due date of this paper and that has an open house that you may visit. Propose a scenario for financing. Review the disclosures that are at the property. Discuss the preparation of the property for sale including comments on how it could be improved or what you perceive to be the benefits of the preparation that was carried out. 3. Based only on other properties that are on the market in a relevant market area. what is your evaluation of the pricing of the subject property. font. (Other topics may be possible. How has the current recessionary climate impacted the sale of this property? Due: March 9. Discuss any issues that you observe. 5. 4. and why? Give your opinion of how the property was priced.Stanford Continuing Studies – BUS 76 Residential Real Estate in a Time of Recovery Syllabus – Winter 2011 Page 4 of 5 Written Assignment for those taking the class for credit (including those taking the class for a grade) Write a short paper (approximately 2 typewritten pages. What are the major elements of value? 2. 6. . if you have a different topic in mind please discuss it with one of the instructors).

Spring.Business 76 Residential Real Estate in a Time of Recovery Name:__________________________________________ Last First I am taking this course for credit And for a grade I have bought residential real estate in the past I have sold residential real estate in the past I hope/plan to buy residential real estate in the future I hope/plan to sell residential real estate in the future I am considering a career in residential real estate Yes Yes Yes Yes Yes Yes Yes No No No No No No No I would particularly like to gain the following knowledge/understanding as a part of this course: .Stanford Continuing Studies – BUS 76 Residential Real Estate in a Time of Recovery Syllabus – Winter 2011 Page 5 of 5 Stanford Continuing Studies Program Please complete this form and bring it to the first class meeting. 2011 .

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