New York Real estate continuing education, new york title insurance and escrow online classes

New York Real Estate Continuing Education and Title Insurance & Escrow

New York Real Estate Continuing Education

Asset Management

1031 Exchanges

Real Property Ownership and Land Use

Closing & Settlement Costs (Computer Based)

Home Inspection

Liens, Taxes & Foreclosures

Real Appraisal – Computer Based

Contracts, Purchase & Sales Agreements

Environmental Hazards

Fair Housing

Real Estate Finance

Tax Favorable Real Estate Transactions

NAR Code of Ethics

***Attention Student***

The New York Department of Licensing Services requires education providers to issue course credit to students who complete the online course within the state-mandated time period. This means, to complete the course you must sit for the required number of hours; for example, to receive credit for a three-hour course, you must literally sit for three hours of instruction.

Before beginning the course, please note:

1. Timing Clock:

Each lesson is timed. To complete a lesson, you must sit until the clock displays 0:00. If you close the browser, log out of the course player (browser with ‘iCourse Player 2.1.8 in top left corner), or leave your computer idle for longer than 10 minutes, THE TIMER WILL RESET. If this happens, then you must return to the BEGINNING OF THE LESSON and the TIME WILL BE RESET. (Suggestion: If you log out, please do so after you complete a lesson or before you begin a lesson.)

2. Idle Timer:

The course player detects activity. If you leave the course player idle for 10 minutes, then you WILL BE LOGGED OUT OF THE LESSON. If this happens, then you must return to BEGINNING OF THE LESSON and the TIME WILL BE RESET. You MUST hit the GREEN PLAY BUTTON, to prevent triggering the idle timer.

PLEASE NOTE: The above Requirements are subject to change.

Always check your state's requirements

Real Estate Professional Development Classes

Sales Negotiations Package 19.0

Gramm Leach Bliley Act 1.0

Creating Value Through Innovation 1.0

Workplace Violence 1.0

Consumer Protection Law 1.0

Managing Corporate Records 1.0

Evaluating Financial Performance 2.0

Dealing with Conflict and Confrontation 2.0

Dealing with Difficult People 2.0

Qualified Retirement Plans and IRAs 2.0

Anti-Money Laundering 2.0

Capital Budgeting Analysis 2.0

Qualified Retirement Plans and IRAs 2.0

The Management of Capital 2.0

RESPA 2.0

Understanding Economic Components 3.0

Asset Management 3.0

Commercial General Liability Insurance 3.0

Business Writing 3.0

Understanding an Appraiser's Role 3.0

Wills and Trusts 3.0

Appraisal Basics for Real Estate Agents 3.0

Estate Planning - Advanced 3.0

Estate Planning - Basic 3.0

Fair Housing 3.0

Introduction to Commercial Real Estate 3.0

Analyzing Financial Statements Advanced 3.0

Understanding Securities Trading 3.0

Annuities 3.0

Arbitration and Mediation 3.0

Corporate Pension Plans 3.0

Investment Analysis 3.0

Investment Risk and Policy 3.0

Life, Health, Disability and Long Term Care 4.0

Prospecting, Selling & Closing 4.0

1031 Exchanges 4.0

Margin Accounts 5.0

Understanding Different Types of Security Investments 5.0

Equities 5.0

Creating Value Through Financial Management 6.0

Introduction to Property and Casualty and the

Insurance Contract 6.0

Employment Law 6.0

Estimating the Gross Living Area 6.0

Agency Operations 6.0

Negotiations- Reading People 6.0

Understanding the Rules of NASD 6.0

Negotiations- Effective Communication 6.0

Negotiations- Negotiations 7.0

Property Insurance 8.0

Building a Real Estate Practice 30.0

NEW YORK Title Insurance and Escrow CE

Gramm Leach Bliley Act 1.0

Estate Planning - Basic 3.0

Estate Planning - Advanced 3.0

Managing Corporate Records 3.0

Business Writing 3.0

Fair Housing 3.0

Understanding an Appraiser's Role 3.0

1031 Exchanges 6.0

Fundamentals of Mortgage Lending 15.0

Sample New York Real Estate Courses

New York 22.5 Hr Real Estate CE Package

The package includes the following courses:

Closing & Settlement Costs (3.5 hours)

Fair Housing (4 hours)

Home Inspection (3.5 hours)

Liens, Taxes & Foreclosures (3.5)

Contracts, Purchase & Sales Agreements (4 Hours)

Environmental Hazards (4 Hours)

Approved Course Number(s):

M8025

M8111

M7083

M8027

M8173

M7079

Asset Management

APPROVED FOR: 3 HOURS CE CREDIT

This course covers broad issues and components of asset management plans. It also explains the discounted cash flow analysis. And the impact of the different assumptions on discounted cash flow analysis. It further explains the factors to consider deciding whether to buy or lease property.

LEARNING OBJECTIVES:

Discounted cash flow analysis

The components of Asset Management Plans

How to compare Alternative Asset Management

The impact of different assumptions on discounted cash flow analysis

The factors to consider to deciding whether to buy or lease property

The different alternatives to maximize return from distressed property

The factors in deciding whether to sell or hold a property

TOPICS COVERED:

Introduction

LESSON 1: Asset Management Essentials

LESSON 2: Case Study: A Successful Renovation

LESSON 3: Asset Management Assumptions

LESSON 4: The Decision to Buy or Lease

LESSON 5: Distressed Property Decisions

LESSON 6: The Disinvestment Decision

LESSON 7: Complexities of Real Investment

LESSON 8: Real Estate Market Research

ABOUT THE SUBJECT MATTER EXPERT:

This course is created and brought to you by 360Training, a leading provider of accredited e-learning courses to working professionals through today's leading schools, associations and corporations. 360Training's high quality e-learning courses assist thousands of working professionals each month in a wide range of disciplines to succeed in today's marketplace, renew licenses, acquire certification or prepare for a new profession.

This course was created by the instructional design staff of 360Training in connection with field professionals that bring many years of experience in adult educational theory and distance learning technology to make the process of certification, compliance and training as convenient, engaging, and cost-effective as possible.

If you have any requests for technical or instructional support, please contact the 360Training Support Department located in the HELP section of your account profile. Technical support inquiries are handled immediately and instructional support questions are returned within 24 business hours with answers provided by a qualified professional in your field through our network of subject matter experts.

Closing & Settlement Costs (Computer Based)

Approval Number: M-8173 APPROVED FOR:3.5 HOURS CE CREDIT

This course provides an introduction to residential real estate finance, including information on how to underwrite FHA, VA, FNMA and FHLMC loans. Understanding this information will help the student assist his or her buyer- and seller-clients from the initial meeting, through the closing proceedings with basic financing and loan-qualification questions.In accordance with TREC rules Sections 535.71 and 535.72D, in this course, you will learn the basics of the different types of loans available, loan applications, appraisals, escrow, titles and credit reports, including qualifying for loan amounts and verifying income and assets. Upon completion of this module, the student will know how to calculate loan amounts, estimate monthly payments, property taxes, hazard and mortgage insurance (for conventional, FHA and VA) and qualifying ratios and income.

Fundamentals of Mortgage Lending

This course provides an introduction to the basics of mortgage lending, from qualifying the borrower and qualifying the property in the underwriting process, to the various types of financing available, to closing the sale. The course begins with a discussion of the forces that control the market: supply, demand and the government. The student will learn the varied methods of real estate finance. Lenders run risks in making real estate loans; for this reason, they must have a firm grasp of a borrower’s financial qualifications. They consider a borrower’s income, credit, debt, source of funds and net worth. However, no analysis, no matter how thorough, of a borrower’s creditworthiness can be enough to make a loan free of risk. The second lesson introduces the different legislation related to real estate mortgage of which the student must have a fair knowledge. The third lesson describes the mortgage market and the way it is divided into primary and secondary lenders.

The student will learn how title, the abstract ownership rights to the property, is transferred to the buyer with a deed. The earnest money contract will also be discussed: terms of the contract, contingencies and earnest money deposits. In lesson five, the focus turns to closing. The student will learn the customary costs involved in a real estate transaction, how certain items are prorated between the buyer and the seller and the requirements set forth by the Real Estate Settlement and Procedures Act (RESPA).

Lesson six discusses foreclosure. It considers what happens when a borrower is in default of the mortgage contract and how lenders may help borrowers prevent foreclosure through forbearance, moratoriums and recasting. Also discussed is how, when these techniques fail, the property is foreclosed and sold at auction and how the creditors are repaid.

The module continues with the types of mortgages available. The seventh and eighth lesson discuss the elements of conventional loans—conforming and nonconforming—adjustable rate, graduated payment, growth equity and reverse annuity mortgages, to name a few. The advantages and disadvantages of each type of financing are emphasized so that the student may better understand the decision-making process inherent in real estate finance.

Two specific types of financing, FHA-insured and VA-guaranteed loans are reserved for separate lessons. FHA loans are insured by the government and perceived as less risky by lenders. They are available to all natural and naturalized U. S. citizens, but they carry a monthly insurance premium that cannot be canceled. VA loans are guaranteed in part by the government, but are only available to veterans, active servicemen and certain national guardspersons and special reservists.

At the end of each lesson, the student will be asked to complete a quiz that tests the information covered in that lesson in order to move on to the next lesson. The course ends with a real world practice lesson that brings together the concepts and material discussed throughout the entire course.

Learning Objectives

Upon completion of this module, the student will:

Understand how the forces of supply and demand in the real estate market affect and are affected by the primary lending market.

Know how the government influences real estate finance through agencies like the Federal Reserve and the Department of Housing and Urban Development.

Understand the basic concepts of real estate finance.

Know the principal instruments of financing—the promissory note, the mortgage and the deed of trust—and how they are used.

Understand how interest rates affect the real estate market.

Know who lends money to the purchasers of real estate.

Be familiar with the operations of the secondary market for loans.

Know how to calculate the monthly payments for a fully amortized, fixed-rate loan.

Be familiar with the tax deductions and credits associated with real estate ownership.

Know the use of and legal requirements placed upon escrow accounts.

Know the difference between lien theory and title theory states.

Know what a discount point is, when it is offered and when it should be bought.

Be familiar with what an underwriter looks for in approving a loan.

Be familiar with the elements of a credit report and how FICO® scores affect a consumer’s borrowing ability.

Be familiar with the provisions of the federal legislation that affect real estate lending: the Fair Credit Reporting Act, the Equal Credit Opportunity Act and the Truth in Lending Act.

Know the use and the method of calculation of a lender’s qualifying income ratios.

Be familiar with the classification of types of debts.

Understand the role of mortgage brokers and loan officers in the financing process.

Know the difference between constructive and actual notice and the buyer’s obligations under the principle of caveat emptor.

Be familiar with the lender’s requirements for qualifying the title and how a title insurance company verifies that a mortgagee will have the first lien through a title search.

Know the purpose and content of an earnest money contract and the earnest money deposit.

Know what a deed is and the types of interest it can convey.

Be familiar with the exceptions and reservations that can be placed upon a title.

Be familiar with the RESPA requirements for closing procedures and disclosures at closing.

Know the basic organization of face-to-face and escrow closings: who presides over them and how transactions are conducted.

Know the principles of proration: calendar years and banker’s years, as well as prepaid items, accrued items and how to divide them by calculating a daily rate.