Question:

How do I study real estate basics?

I bought a textbook recommended by intro survey real estate course, but it was much more than I thought, and I ended up returning it. I am not planning on becoming real estate agent, but I don't know basic terms such as mortgage, foreclosure, etc. I have absolutely no idea about home buying/selling process.

Answer:

mortgage....google it....foreclosure...google it/....buying and selling money
there are pletny of books at the library.
Take a class at your local Community College.
You have several options as to acquire booklets and other information concerning the purchase of a house. #1. Pamphlets There are many pamphlets published by the Untied States government. You would need to contact a local mortgage lender that is authorized to do government loans. These pamphlets are free to you. You would need to go by the local mortgage lender's office to acquire these pamphlets. These pamphlets are easy to read and are normally about 10-20 pages. #2. Commercial book There are a few books you may purchase at your local book store. Some are in cartoon form to get the message over and use elementary terms so you would not be over whelmed. These books are not very lengthy. Many of these booklets would be available to you at your public library #3. Real Estate buying class In some instances a local real estate or mortgage company would hold a seminar that last about 2-4 hours that would inform you of the terms, process and procedure you would need to go through to apply for and be approved for a mortgage loan, after which you would be able to look for a house that would interest you. Most would pas out limited literature for you to have and take home with you. There normally would be real estate agents and mortgage loan officers available to answer any questions you might have. You would normally be given business cards or a list of telephone numbers if you have additional questions. I hope this has been of some benefit to you, good luck. 'FIGHT ON

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