ไม่สามารถเล่นวิดีโอนี้
ขออภัยในความไม่สะดวก
Real Estate Test Prep Webinar - Mortgage vs Trust Deed
ฝัง
- เผยแพร่เมื่อ 12 ส.ค. 2024
- Get 25% off PrepAgent's Exam Prep!! bit.ly/PATH-camCoupon
In this Real estate exam webinar we go over the Promissory notes, Mortgage, Trust deeds, different types of Agency and so much more.
0:00 Introduction
0:28 Knowing the difference between trust deeds and mortgages and promissory notes
1:14 The first promissory note in the world!
6:30 What is a lien?
12:54 There are two parties to a mortgage: the mortgagor (the borrower) the mortgagee (the lender).
14:33 What security does the lender have once they give the money to the borrower?
16:42 The word "mortgage" comes from the French "mort-gage", literally death- pledge. The French peasants were working until they died for the privilege of owning a house.
22:28 Trustor Trustee Beneficiary
35:51 General Agency? Special Agency?
38:33 A general agent is authorized by the principal to perform any and all acts associated with the on- going operation of the job or business. A real estate licensee acting in the capacity of a property manager is a general agent to the owner.
40:17 Implied agency- occurs from actions of the parties
44:19 What are the 4 essential elements of value?
46:53 Demand Utility Scarcity Transferability
![แฮงแงงแฮงงาม - บอย ศิริชัย [OFFICIAL MV]](http://i.ytimg.com/vi/vCGJTy9ZeP8/mqdefault.jpg)
![[LIVE] : ONE ลุมพินี 74 วันนี้!! คู่เอก "ยอดภูผา vs พาร์แฮม"](http://i.ytimg.com/vi/r6Xyo0OLYMs/mqdefault.jpg)
I totally wasted my money on the real estate course I paid for. I learned everything from listening to Prep Agent. Thank you for posting.
Thanks so much!
That's exactly how I feel!
Same!
literally mee toooooo
This is so true! I'm not saying I wasted my money on this or that course because I get to learn from everything but the information in here because it is so in detail and so easy to understand is priceless! Thank you very much Joe! From the bottom of my heart ❤️ 💙 💜 💖
I Love You! :) PASSED WITH A 97 THANKS TO PREPAGENT! Vocab, Vocab, Vocab!
I thought they dont reveal passing score?
I passed with 87 yippee
I failed by 2. I had tons of math I wasn't ready for
@@VinhLe-gc8ws if u pass u don't get a score they prob passed the pre class
This was a great video
i learned a lot more on this you tube channel than from my teachers
same
Yep. Same. My teacher only gave 40 of the 75 required hours. I learned almost nothing in her overpriced class.
I'm glad I found it too.
Celene Olivas same
I am glad you are enjoying it :)
I took the CA RE exam today and passed on the first try. I listened to this video on the way to the exam because I wasn't fully versed on trust deeds. I knew the information, but I couldn't articulate it. After listening to this video I was set. I started the process in May and am now licensed. Yay! Thanks for uploading your videos. I played the videos all night some of the time….It paid off.
Congratulations!!!! Was there a specific subject that was on the test that had more than a few questions on that you didn't expect. For example broker buyer relationship or title insurances. Anything that stood out more.? Im Cali to
Thank you! I was surprised by how easy it was compared to what I'd heard about it. Some of my prep quizzes were harder than the actual exam. That's not to say they are handing out CA real estate licenses left and right, just that if you study all of the material, you'll do just fine. I studied until I really understood it, i.e., finance, principles, difference between mortgage and trust deed, agent relationships, listing agreements, etc. If you study, you'll do fine. I finished within an hour. But, I kept reading over my answers because I was concerned that I had gotten through it too fast. In the end, I passed…so that's what matters.
Are you making sales? What part of Cali? I'm up in Fairfield.
The Mo Chronicles congratulations 🎊
I sent out state exam application out today. How long will i get exam date in email? California.
Mortgagor gets the DOOR ..... mortgagee gets the FEE
or Mortgagee gets the MONEEY
Nice!
Good point
Mortgagor gets the key. Mortgagee gets mony
Good tip!
Joe is the best!! his videos alone helped me passed my test. I listened to his videos, tips and seminars when driving to work and back, I used his tricks on how to memorize information and I just want to say THANK YOU JOE!! I wish you much success and the success of all the people you help thru your webinars and your tools. AriG
So you only prepped using these videos? Just curious, thats awesome if so!
I watched all of your test prep tips and I passed my test yesterday. Thank you very much.
Absolutely patient which makes him a great teacher.
Thank you so much :)
Joe going over the definition of mortgage and suffix, in regards to getting a mortgage, is literally mind blowing. Thank you for the webinar!
8/26/19 took my exam & passed!!! Forever grateful & thankful for these videos
finally I get Tenants in Common vs Joint Tenancy! Love the illustrations! Many Thanks
Hey Joe‼️
I just want to thank‼️ Your TH-cam webinars really helped me‼️ I did my 120 CE hours in 18 days listened to several of your Vocabulary Webinars and PASSED MY TEST FIRST TRY ‼️‼️‼️👍🏻😊
Hi, joe thank you !! so much I just passed the real estate exam today finally!! I'm originally from Panama and your videos give me the motivation!! to continue your awesome !!
+betsy carley muy bien para ti!!!
She has questions about the exact same things as I do...mortgage vs. deed and agency! These must generally be difficult concepts to grasp. Thank you for breaking it down...taking my test in a few hours!
Did you pass? If so how's the business been?
I’ve taken the complete RE course and exam but got more out of your videos than anything learned in the classroom.
Joe! Thank you so much for creating all of this valuable content!!!
She is definitely going to past her test! This was a wonderful webinar!
thank you Joe for uploading these videos, I'm from Texas and took the exam 3 times before I found you on TH-cam! you helped me pass and understand it so that I didn't over think the exam questions under pressure. if I would have known about you sooner I would have bought your online class! thank you so much for your tips, fun word play and illustrations! I'll always here your voice in the back of my head every-time I here "lien-money" (: YOU'RE THE BEST 5 Star Worthy!
Im about to take my exam in texas, any advice??
The way I remember Contract for Deed is "lay-away". Because I remember I was trying to buy a really high-end expensive purse from a girl, then the only way I can buy this purse is by Lay-away. On your first contact, you pay 25% of the price of the item, then as weeks (maybe months for bigger price), you put a percentage down until you paid off the 100% of the price. I didnt have the purse on hand, because Only then when you paid off the whole amount, you get the item (the purse=the property). This way i can easily remember how contract for deed works, Im not an expert, correct me if im wrong. :)
huge huge fan, to the point I just made a TH-cam channel just so I could send this comment to you. I am studying for my real estate exams here in AZ and these videos have helped me wrap everything up. Would love to be involved on the next video you do, but regardless, thank you so much for posting these. You are a hero in my book lol
OMG YOU ARE GREAT. I TAKE MY TEST APRIL 29TH AND HAVEN'T STUDIED MUCH. YOU ARE ABLE TO HELP ME UNDERSTAND THE TERMINOLOGY. THANK YOU!!
This has been so HELPFUL!!!
Joe, I love how simple you make terms/concepts! As soon as the terms flash on the screen I freeze and feel a slight panic, then you talk "us" through and it clicks. Thank you!
I learned more form this than I have on my classes.
So glad I found your page! I'm planning to take my exam week after next, and your videos are a very helpful review. Thank you!
Thanks a lot. Your videos are really helping.
Love Amber's attitude. This video is the best. You & Amber make this fun. Thanks for sharing Joe
Joe and paul vechuski are the best real easte instructors. They make it extremely simple to understand because, i know i am slow.
This was extremely helpful! I am about to watch every video you have done. THANK YOU!
So I'm studying the chapter on financing in the Real Estate Principles course. This video really made the reading more comprehensive. Thank you.
"Mortgagee" = "gee, I hope he pays me back" (think bank, person lending the money)
that was really helpful.
That's a good tip!
Thank you so much for the clear understanding of mortgagee and mortgagor, my instructor never gave me this simple understanding.
Passed my test today, Joe! Thanks for these awesome videos!
wonderful lesson, thank you.
Excellent information, I have been learning a lot from your channel, forget about the school and books, you are it !
This is my favorite so far. Learned a lot.
The stuff itself is simple. It’s the way things are worded and articulated is what’s kind of confusing in my opinion lol
I passed my exam today , thank you for your videos they helped a lot !
thank you Joe! I finally understand this now.
Hi Joe
thank you so much for this videos, I'm studying for real state agent in the State of Colorado, and your videos helping me a lot.. thank you again..
Joe you are an awesome teacher. Love your patience.!!
Joe you rock sir. Great basic stuff, and ideas to relax when taking these tests.
I wish you were given a ability to give state exams, Verbal state exams>>
I always say createOR instead of giveOR -- because then it always make since, even with a mortgage because the borrow is the createOR of the loan .
Just had my class for this lastnight and this video was way more helpful! Thank you Joe I hope to be on a video 1 day.
Joe thank you for these classes ❤️
Love this series. Been watching it for about a month now.
Thanks Susan
Thank you Joe for this breakdown with Amber. It’s been such a breakthrough for me!!! Thank you so much!!!
I learned so much from you. Thank you!
Really appreciate how you link concepts. Major aid of memory...death pledge, stud, pete, ttip, etc...the crazier the more it seems to stick! my FL exam is Thursday, I've watched many to aid in my studies! Thx
This is helping me so much! Thank you, you are a great teacher
Hi Joe- can you please make a video explaining the optionee/or procedures?
did 90 hours of class and this is so helpful to bring it all back thank you!
glad you liked it
Hey Joe just wanted to say your web seminars are full of great info as well as great comparisons. I have my test next week in La Palma, Ca. It'll be my second shot at it but watching these videos has helped exponentially. Thank you Joe and God Bless You.
How did you do?
Lien money lien money lien money
Pharaoh C money owed
Hey Joe I just want to say thanks for your videos, the good news I passed my school test from NJ and my state test is next. Your videos are really helpful.
+Stanly Berthil Thanks so much!! I really appreciate it
thanks again
How did you prep for the state test?
I'm so happy I found you!!
I finally get it.. Thank you Joe
Very Helpful! Thank you
Love your Videos! Thank you so Much!!!
Thank you so much for this useful lesson u given us. I find it very helpful.
i literally got here by smashing my head against my keyboard
iliana smiley that’s how studying for this exam feels too 😂
This just made me genuinely laugh 😂 Lol same
Joe you are simply the best!!! even though I didn't pass today....
You got this!
Learning from the right people is very therapeutic
these videos are key to real estate exam success , i 100% recommend living by your test strategies joe all credit goes to you for passing my test yesterday! 5th ti,es a charm.
I wonder if this is a private tutoring lesson.... I am so impressed that Joe has been patient in this video lesson!!! 👍
This was one of the best videos explaining this topic ever created! Thanks Joe love @prepagent
Omgoodness Prepagent has clarified real estate in soo many ways!!! Thank uuuu❤❤❤
Thanks, Joe!
Could you talk about the differences between the mortgage foreclosure process and the trustee's sale process as well? The redemption period timing is very confusing.
great video thank you so much
Great content joe
Incredible instruction!!! I'm on the edge of subscribing this was so good.
+Robert Bepko thanks robert, would love to have you follow my channel
Totally AWESOME!!!!
So informative.
you are so helpful! thank you
I learned so much from this video lol. Actually explained
Love these videos.
I listened to my course tutor burp, cough and mumble through 10 minutes of audio. I had to trawl through the www to find Joe and thank goodness I did. Thanks Joe!!
great video.
awesome! learned a lot! thank you!
Awesome Joe! Well done
This is great for review. Im about to take my exam. I will continue to look at all of your videos.
Thank you so much!
After i pass my exam ill get my tattoo of our circle of trust , it'll be great guys c'mon!
Catherine Bare Sanchez seriously
Catherine Bare Sanchez haha...did you pass
A Tramp Stamp?
This was awesome....thanks
good job joe
you are an amazing teacher! you truelly have the art of transmitting knowledge, someone can be very smart but can be incompetent or very confusing/unclear at teaching, theres an actual art and passion involved in teaching and you have it!
Thanks!
Great Learning Material
This its the best video I have seem do far and I did learn more the any other
Thank you very much.
Great info
Thank you thank you
By understanding this people should be more inclined to retake their property by paying for it. As simple as that sounds...I am more inclined not to even have a mortgage. :) Thanks for the video. I truly appreciate it. I definitly learned more from you then my teachers.
great video
Than you Joe you are the keep
Joe you are awesome!!!! The lady could thin faster though..:/
Gr8 video. Very informative
thank you saved my bacon, loved your examples!
gooood stuff!