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out of 571,544,897 reviews
★★★★★
Great book to start with to understand key concepts
Great supplemental book to read in addition to your real estate course.
Let me first start off stating that I and my best friend both purchased an online course for a real estate course on Groupon.
The course itself was terrible and did not go into details key concepts and real estate definitions one would need to know to pass the state exam.
This book was very thorough in all aspects. Please note however it does not go into detail on specific state laws, you would have to research that yourself. This book gives you the much needed fundamentals of real estate, policies procedures, etc.
The read is clear and concise, an easy read. After each chapter you are given a mini quiz and it gives you a detailed explaination on the correct answer. Also, at the end of the book you have a real estate math sections and 3 practice tests with details answers.
I recommend reading this book first before taking your actual course and then re-reading it after your course to get a thorough grasp of the concepts. And also recommend to keep retaking the practice tests.
I passed my state exam but it was extremely hard. I had 157 questions, maybe 15 of the questions were similar questions from all my course notes, the book, online research, and various practice tests that I got from other people.
To answer the rest of the questions on the state exam you really need to apply these real estates concepts and select the best answer of the multiple choice...and the only way you will pass realistically is by understanding these concepts. The questions can be tricky so be sure to reread each questions and understand exactly what they are asking. Using the process of elimination you can often narrow down the answers to two possible answer, but then you would need to select the best answer of the two.
I took the GA state exam and I did get several questions on types of loans like loan assumptions, questions on calculating transfer tax and intangibles tax...which this book helped me to understand.
Good luck!!
September 2015 · Books · verified purchase