Real Estate/ Post-Licensing/ Florida/ Florida Post-Licensing: Finance and Economics

Florida Post-Licensing: Finance and Economics

$55

This product includes:

LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 15 Total Hours: 15

Description

State Requirements

Finance makes the real estate world go 'round! Florida Post-Licensing: Finance and Economics covers mortgages, home equity lines of credit, credit scoring, the closing process, fraud prevention best practices, taxation and more.

This course is broken down into separate modules:

Real Estate Finance examines the history and current state of the market, major sources of mortgage loan funding and various loan options.
Mortgages takes more focused look at the mortgage loan transaction process and the role of the real estate professional.
In Fraud and Real Estate reviews common types of fraud and how licensees can help safeguard clients.
In Taxes and Real Estate we look at taxes associated with real estate ownership and sales, and deductibility as your clients buy and sell residential property, engage in like-kind exchanges.

This course covers:

The current state of the real estate finance market and its impact on the real estate industry as a whole
Benefits and risks associated with common loan options
The mortgage process and a licensee's role within it
The 1003 Uniform Residential Loan Application
Predatory lending practices and how to protect your clients from becoming victims
The credit approval process
The underwriting process
Calculations for capital gains and losses

Package Content:

State Requirements For Florida

Florida State Requirement Details for Real Estate Sales Associate Post-Licensing Education

Hours Required by the State: 45 hours within 18-24 months after obtaining the initial license.

Please note: All courses must be COMPLETED AND REPORTED to the Florida Real Estate Commission, PRIOR to your license expiration date. Please allow ample time for course completion and reporting to the state, otherwise your license could go on inactive status.

The CE Shop’s Offering: 45 hours

The CE Shop is an approved provider in Florida.

Provider Approval Number: ZH1002334

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Once The CE Shop has received the signed affidavit, your certificate of course completion will become available to download (and via email). The CE Shop will provide students with an electronic certificate of completion, upon completion of the course. Certificates will remain in your account for a minimum of five years, should you need additional copies. Please refer to your license application to determine if you need to submit your certificate of completion with your license request. Course completion dates are recorded using Central Standard Time. Please note that the date of your certificate of completion will reflect this.

Final Exam: Final exams must be passed with a minimum of 75% and may be taken twice in order to pass. If the exam is not passed the second time, the licensee must re-enroll at no cost (by contacting customer support) and retake the entire course, including the final exam. Licensees will be allotted 1.8 minutes per question. Licensees have up to 1 year, after failing the first exam to complete a second attempt.