Real Estate Broker License

California Department of Real Estate: Real Estate Broker License California Home DRE Home What's new About DRE Careers at DRE DRE Records Consumers Escrow Violations Examinees Licensees Subdivisions Real Estate Law Regulations Publications Forms FAQs Links Index Department of Real Estate My CA Real Estate Broker License indicates an item is in Portable Document Format (PDF). You will need Adobe Reader (or an Adobe Acrobat product) to view it. Click on the icon below to download a free copy of Adobe Reader. Click here for information about using Adobe Reader. Minimum Requirements to Apply for the Broker Exam and License To obtain a real estate broker license, you must first qualify for and pass a written examination. Those who pass the examination are provided a license application which must be submitted to and approved by the DRE. For complete statutory requirements and qualification patterns, see Instructions to License Applicants . Age : To apply for a license, you must be 18 years of age or older. Residence : License applicants must provide Proof of Legal Presence in the U.S. If not a California resident, see Out-of-State Applicants . Honesty : License applicants must be honest and truthful. Conviction of a crime may result in the denial of a license. Failure to disclose any criminal violation or disciplinary action in an applicant's entire history may also result in the denial of a license. For further information, see Help Avoid Denial of Your License Application and Application Eligibility Information (RE 222) . Experience : A minimum of two years full-time licensed salesperson experience within the last five years or the equivalent is required. For further information, see Documenting Experience Requirements for the Broker Examination . Education : Applicants for a real estate broker license examination must have successfully completed the following eight statutorily required college-level courses: Real Estate Practice Legal Aspects of Real Estate Real Estate Finance Real Estate Appraisal Real Estate Economics or Accounting And three* courses from the following group: Real Estate Principles Business Law Property Management Escrows Real Estate Office Administration Mortgage Loan Brokering and Lending Advanced Legal Aspects of Real Estate Advanced Real Estate Finance Advanced Real Estate Appraisal Computer Applications in Real Estate Common Interest Developments * If both Real Estate Economics and Accounting are taken, only two courses from the above group are required. Continuing education offerings do not satisfy the college-level course requirements for this examination. Each college-level course must be a minimum of three semester-units or four quarter-units. The courses must be completed prior to being scheduled for an examination. Copies of official transcripts are generally acceptable evidence of completed courses. Transcripts of other courses, submitted as an equivalent course of study in lieu of the statutory courses, must be accompanied by an official course or catalog description in order to be evaluated. Broker qualification courses must be completed at an institution of higher learning accredited by the Western Association of Schools and Colleges or by a comparable regional accrediting agency recognized by the United States Department of Education, or by a private real estate school which has had its courses approved by the California Real Estate Commissioner. Courses completed through foreign institutions of higher learning must be evaluated by a foreign credentials evaluation service approved by the Department of Real Estate. See Examination Applicant Foreign Education Information (RE 223) . NOTE: Applicants who have completed the eight college-level courses statutorily required for the broker examination and license are eligible to take the salesperson examination without providing further evidence of education or experience. Back to Top of Page Conditions of Use | Privacy Policy | Tech Problems 2003 State of California This page last modified on Wednesday, November 02, 2005

Real Estate Prices

Real estate horror stories - Dec. 2, 2002 Enter Ticker Symbol Search CNN/Money Autos Real Estate Money's Best Home Markets & Stocks News Jobs & Economy World Biz Technology Commentary Personal Finance College Credit and Debt Insurance Interest Rates Retirement Tax Center Ask the Expert Five Tips The Good Life Millionaire in the Making Money 101 Moneyville Retirement Planner Savings Calculator Asset Allocator Mutual Funds Money Magazine Video CNN TV Fortune 500 Best Employers Money 101 Portfolio Calculators Real-time Quotes Last 5 Quotes SPONSORED BY include virtual="/fn_adspaces/markets-stocks/last_five_quotes/sponsor.88x31.ad" -- CNN/Money Email newsletters RSS Mobile news Money archives Buy story reprints Find a Mortgage SPECIAL OFFER Personal Finance Your Home Real estate horror stories There's never been a national bust but keep an eye on your backyard. December 2, 2002: 11:57 AM EST By Leslie Haggin Geary, CNN/Money Staff Writer New York (CNN/Money) - During the past three years, real estate has been a shelter in the storm. Since 2001, home prices have gained about 6.3 percent annually, according to the National Association of Realtors . And in dozens of hot markets , from San Francisco to Providence, RI to Topeka, KS, homeowners have seen double-digit price increases over the past year. Next to the seeming flimsiness of stocks, real estate looks rock solid. For the past 40 years, home sales prices have outpaced inflation by one or two percentage points per year, and there has never been a national decline in real estate values. But that's just part of the picture. When you drill down to local markets, instead of steady rises, you may find vertiginous spikes followed by stomach-churching drops. What's more, when busts hit, it can take years -- maybe even a decade -- for individuals who bought at the top of the market to recoup their investment. To see how grim it can get, we looked at annual sales figures for 138 metro areas across the country during the past three decades to spot where local bubbles burst, what drove prices into the cellar and how long it took for property owners to recoup their money. Here are some of the factors that can kill a real estate boom. Population shifts It's obvious. Jobs equal workers. Without work, residents leave, and home sales dry up. Consider the case of southern California. Once home to a thriving defense industry, military cutbacks hit the region especially hard in the early 1990s. Some 1 million individuals left the area, according to Ingo Winzer, president of The Local Market Monitor , a real estate consulting firm that tracks housing prices nationwide. In Los Angeles, home prices shed 21 percent of their value between 1989 and 1996, with the typical house selling for $172,900. (The peak was $214,800 in 1989 following a five year, 77-percent jump.) An exodus can hit smaller communities, too. Syracuse, NY once boasted 250,000 residents back in the 1950s, when it was a thriving industrial city. No longer. Many of those jobs are gone and Syracuse lost a full 10 percent of those inhabitants from 1990 to 2000, when its population dropped to 147,000 residents. Home prices, not surprisingly, fell too. Half of all property owners in the county who sold homes in 1997, for example, sold at a loss. Vacant buildings were not uncommon. (At one point, there were more than 1,000 empty dwellings.) Local recessions Ask housing experts about local busts and one of the first places they'll mention is Houston, TX. When the oil market was kicked in the teeth back in the mid-1980s, home prices in this city tumbled fast. In just three years, from 1985 to 1988, the typical home price dropped by 21 percent -- or from $78,600 to $61,800. Related Stories • Did you pay too much for your house? • Real estate or stocks? • Milking the bubble • Rev up your resale value "Prices fell so much that people owed more on than their mortgages than their homes were worth," said David Weil, an economics professor at Brown University. " They'd drive to the bank and drop off their keys to their homes and just leave." Houston isn't the only city where home prices have fallen when the local economy languishes badly. Take the stock market crash of 1987, which hit New York City's financial industry hard. Prices peaked at $183,000 in 1988, and anyone who bought then had to wait until after 1997 to get to even money. Another victim? Hartford, CT. From 1984 to 1988, the typical home price soared 92 percent to $167,600 from $87,400. Then the insurance industry started laying off or moving out. Hartford's population growth slowed to zero. And home prices starting falling. In fact it wasn't until last year that someone who bought at the 1988 price would have made their money back. Fast run-ups in housing values Are markets that have soared quickly especially prone to a bust? That's a question no doubt troubling many homeowners. But the answer isn't simple. Certainly, there have been plenty of hot markets that suddenly turned sour. Consider Honolulu, Hawaii, for example. Back in 1995, the average tab for a house in this community hit a record $360,000 -- a whopping 122 percent increase from the decade before. Then suddenly, prices began to drop. By 1999, a $360,000 island retreat was being unloaded for $290,000, a 19 percent discount, according to NAR. Prices started to finally rise in 2000, but anyone who bought at the island's real estate peak didn't recoup their money until this year. Hawaii's housing woes were tipped off by several factors, not the least of which was the decline in the Japanese economy, which squelched real-estate investment in Hawaii. Honolulu was also in trouble in part because few fundamentals, other than investment dollars -- were pushing the market. In fact, during the boom years, the island's population was climbing at a 1 percent rate, too low to justify the massive run-up in housing values. Bottom line: it's important to look at what drives housing spikes before you assume there will be a catastrophe, said Winzer. Rising interest rates "People tell you that housing never goes down, but that's just not true -- you try to sell a house when interest rates have gone up," said Stephen Cauley, associate director of the Ziman Center for Real Estate, Anderson School at UCLA . To illustrate his point, Cauley points to the early 1980's, when double-digit interest rates were being used to fight inflation. That made the cost of borrowing money for a home almost prohibitively expensive. "It was horrendous for the housing market," said Cauley. "There were no transactions." By 1982, the number of existing home sales had slid to 1.92 million, the lowest number on record, according to NAR. Many markets -- notably Detroit, Providence, Chicago and Philadelphia -- saw home prices stay flat or fall between 1979 and 1982. These days, of course, high interest rates seem a distant threat, though they are beginning to creep up. Current mortgage rates are hovering just above 6 percent for a fixed, 30-year loan. But even if rates go up a full percentage point, rates are still low, said Cauley. How will all this play out? If history is any guide, there won't be one big pop, the kind that usually come with stock-market crashes. But that doesn't make it any less painful. --* Disclaimer Selling? Buying? Click to compare top local real estate agents More on YOUR HOME • Your Home: Bracing for higher rates • Refinancing demand lags again • A rose is (not) a rose TODAY'S TOP STORIES • Most overvalued housing markets • Risks to the economy in 2006 • Which was the worst ad of all in 2005? CNN Money contact us | subscribe to Money magazine advertising -- | site map | glossary | RSS | press room OTHER NEWS: CNN | SI | Fortune | Business 2.0 | Time © 2005 Cable News Network LP, LLLP. A Time Warner Company ALL RIGHTS RESERVED. Terms under which this service is provided to you. privacy policy Reprints of site stories are available.

Investment Property

New Zealand Investment Property Investments New Zealand Resort Apartments Holiday Homes Property Investment | Recreation | Golf | Facilities | What's New | Accommodation | Contact Us Print this page Your New Zealand Resort Investment For family holidays, semi-retirement living, long weekends, or a managed investment to share with friends and relatives, the benefits of owning a property at Terrace Downs High Country Resort are unmistakably for one purpose - enjoying life to the full. Investment opportunities include:- Lifestyle land blocks Fairway Chalet sites The Terrace Villas - luxury condominium style apartments Lakeside Villas The Lodge Suites Ownership means having a luxurious and stylish retreat away from city hassles and suburban drudgery. It provides security in a relaxing and rewarding environment ideal for personal pursuits. Because a finite number residential homes will be developed at the Resort, there is excellent potential for capital gain from ownership. When not being lived in, Terrace Downs offers full or partial managed leasing that will return rental income to owners. Each property comes with a family membership of the golf club and other present as well as future on-site leisure activities, with unlimited access on annual payment of a modest membership fee. Freehold, fee simple titles are available, and building covenants have been drawn up to protect the integrity of the environment, the architecture and ultimately your investment. Up-to-date financial information on investment conditions in New Zealand is shown by going to the page Why Invest At Terrace Downs? For the latest on property availability and pricing details, please contact Brian or Fiona Brakenridge: Email invest@terracedowns.co.nz , or phone +64 3 313 0219 (office), +64 21 406 768 (mobile), or +64 3 312 6600 (a/h). The Terrace Villas - Resort Condos & Apartments | Lakeside Building Lots | Why Invest at Terrace Downs | Property Site Maps | NZ Resort Lifestyle Blocks | Testimonials | Avoca | Acheron | Coleridge | Harper | Lyndon Terrace Downs High Country Resort Coleridge Road, Rakaia Gorge Darfield, RD2, New Zealand Free Phone: 0800 GOLF RESORT (0800 465-373) Phone: +64 3 318 6943, Fax: + 64 3 317 9372 Email: Home | Print this page | Send this page | Privacy and Disclaimer | Site Map | Accommodation Rates | Outside Links | Top Updated Saturday, 11 June 2005 publishing system by Cabbage Tree

Real Estate Agents Apartments

Real Estate Agents, Brokers, Loan Agent and Financing Service Providers. Real Estate # Online information provided within the site to be beneficial and presented in an efficient format to ensure that we are meeting the needs of our members and visitors to the site. Real Estate Agents Apartments & Rentals Home Finance Moving Home Builders Commercial Real estate Legal Service Calculators Find Real estate Builders Get Home Finance My Real estate Tools Real estate Lawyers US Codes for Real estate Apartments & Rentals Home Finance Moving Home Builders Commercial Real estate Brokers Commercial Real estate Legal Service Calculators Property Tools Find a Property For Sale By Owner Other Properties for Sale Home Real Estate Agents by State • Alabama • Alaska • Arizona • Arkansas • California • Colorado • Connecticut • Delaware • Florida • Georgia • Guam • Hawaii • Idaho • Illinois • Indiana • Iowa • Kansas • Kentucky • Louisiana • Maine • Maryland • Massachusetts • Michigan • Minnesota • Mississippi • Missouri • Montana • Nebraska • Nevada • New Hampshire • New Jersey • New Mexico • New York • North Carolina • North Dakota • Ohio • Oklahoma • Oregon • Pennsylvania • Puerto Rico • Rhode Island • South Carolina • South Dakota • Tennessee • Texas • Utah • Vermont • Virginia • Washington • West Virginia • Wisconsin • Wyoming Read Articles Apartment & Rental Articles Mortgage Articles Moving Articles Buying Articles Selling Articles Read FAQs Apartment & Rental FAQs Mortgage FAQs Moving FAQs Buying FAQs Selling FAQs Home | Home Finance | Moving | Calculators Privacy Policy Information contained herein is deemed accurate and correct, but no warranty is implied or given. © estme.org 2005. All rights reserved.

Home Loan

Sallie Mae, the nation's number one paying for college company. About us | Investors | News | Working@SallieMae | Contact us -- Manage Your Loans SM log in User ID Password Your account is secure . Enroll now! Log in today and you could win $25,000! Forgot user ID? Forgot your password? ¿Tiene alguna pregunta acerca de ManageYourLoans.com? © 1995-2005 Sallie Mae. All rights reserved . | Privacy . | Terms of use . | Avoid online fraud . SLM Corporation. and its subsidiaries (other than the Student Loan Marketing Association) are not government-sponsored enterprises or instrumentalities of the United States of America. -- SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. Plan for college Apply for a loan Manage your loans Additional financial services Preparing Selecting Applying Applying for financial aid Finding free money Glossary FAQs Borrowing for school Tracking your loan Financing your child's education Student specials FAQs Getting started Finances after school Being on time pays! Make a payment Change payment plan Difficulty paying? Postpone payments Insurance Home mortgages Investments Personal loans Communications Undergraduate students • Federal Stafford Loan • Signature Student Loan • Federal Perkins Loan • Community College Loan Graduate students • Graduate Loans • MBA Loans • Law Loans • Medical School Loans Parents of students • Federal PLUS Loan • Tuition Answer Loan • K-12 Family Education Other loans • Federal Consolidation Loan • Tuition Answer Loan • Career Training Loan • Continuing Education Loan Solutions for institutions • For Schools : Discover how we can help you with the business of education. • For Lenders : Log in to access loan data. • For Guarantors : Online account access and support tools.