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REST 144: Appraising Income Property: Capitalization
3.00 Credits
Bellevue College
Students learn the procedures used to analyze data to derive sound value estimates for income producing properties. Topics include: the significance of data, the derivation of information, and the interpretation and testing of mathematical conclusions. This is the fourth class in the appraiser certification series. Prerequisite: R EST 143 or permission of instructor.
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REST 144 - Appraising Income Property: Capitalization
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REST 146: Appraising Apartments
3.00 Credits
Bellevue College
Covers the appraisal of multi-family dwellings with particular emphasis on the small (2-20 units) building. Students are expected to complete appraisal reports on a small and medium size apartment structure. Prerequisite: R EST 143 or permission of instructor.
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REST 146 - Appraising Apartments
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REST 150: Real Estate Business Management
3.00 Credits
Bellevue College
Covers the considerations and strategies necessary to open ones own business. Recommended for real estate agents-especially 100% agents, appraisers, and mortgage loan officers. Topics include: business planning and financing, site location, technology, office management, marketing, and growth and strategic planning. R EST 150 is required for the Washington State Real Estate Brokers Exam.
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REST 150 - Real Estate Business Management
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REST 151: Real Estate Brokerage Management
3.00 Credits
Bellevue College
Students learn the legal requirements and liabilities involved in operating a real estate brokerage. Topics include: trust accounting and record keeping, recruitment and training, agent retention, and productivity. R EST 151 is required for the Washington State Real Estate Brokers Exam. Prerequisite: R EST 130 or sales license.
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REST 151 - Real Estate Brokerage Management
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REST 160: Real Estate Escrow
3.00 Credits
Bellevue College
Covers the basic concepts of closing a real estate transaction. Students learn to deal with title problems, lien rights, escrow and agency law, and the accounting function of escrow. Students study the interrelationships of escrow, real estate, mortgage lending, and law. Problem cases covered in the course include cash, contract and assumption sales, and conventional, FHA and VA mortgage loans. Prerequisite: R EST 130.
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REST 160 - Real Estate Escrow
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REST 161: Advanced Real Estate Escrow
3.00 Credits
Bellevue College
Continues R EST 160 and covers more complicated areas of escrow. Topics include: exchanges, wraps, mobile homes, personal property, equity interests, condos and co-ops, and various mortgage closings. Prerequisite: R EST 160 or permission of instructor.
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REST 161 - Advanced Real Estate Escrow
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REST 165: Land Titles Insurance & Clearance
3.00 Credits
Bellevue College
Beginning course in the title insurance series for mortgage loan officers and processors, escrow officers and closers, and real estate agents. Topics include: title insurance and coverage, liens, exceptions, and clouds that affect real property, formal and informal methods of title clearance, and legal rights and responsibilities. Prerequisite: R EST 130.
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REST 165 - Land Titles Insurance & Clearance
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REST 166: Land Titles: Examining
3.00 Credits
Bellevue College
Covers the why, what, where, and how of searching land titles. Students compile all relevant data from public records and examine titles for all insurable and uninsurable matters including liens, court matters, and other encumbrances. A "chain of title" is constructed. Prerequisite: R EST 130.
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REST 166 - Land Titles: Examining
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REST 170: Mortgage Loan Underwriting
3.00 Credits
Bellevue College
Covers the process of mortgage loan assessment and approval/rejection, and the analysis of assets, income, credit, and debt. Other topics include: FHA, VA and conventional mortgages and FNMA guidelines. Students conduct risk analyses of mortgage case files. Prerequisite: R EST 130 or currently employed in escrow or related mortgage field.
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REST 170 - Mortgage Loan Underwriting
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REST 171: Mortgage Loan Processing
3.00 Credits
Bellevue College
Students learn the basics of processing various types of FHA, VA and conventional mortgage loans. Topics include: buyer qualifications, credit, income and asset verification, balancing speed and accuracy, dealing with realty agents, escrow and mortgage loan officers, and the idiosyncrasies of lenders. Course is recommended for all escrow and mortgage personnel. Prerequisite: R EST 130.
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REST 171 - Mortgage Loan Processing
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