Wisconsin Real Estate Continuing Education

This course is iPad compatible. This course is about how builders, contractors, investors, real estate agents, and others all work together to create or add value to raw land or older building structures. While there may seem to be near infinitely available pieces of land across the state of Wisconsin, the land may have little to almost no value if the land doesn’t have the proper building permits in place, access to roads, highways, utility hookups (water, sewer, electrical, gas, etc.), a unique form of local, statewide, and national identification numbers, codes, legal descriptions, and / or physical street addresses. 

We will cover in detail some of the earliest origins of land identification and registration systems dating back to the Public Land Survey System (PLSS), earlier French origins for Wisconsin, metes and bounds, lot and block numbers, and the popular Rectangular Survey System used in many parts of the U.S. Some types of external zoning, regulation, deed restriction, and architectural planning rules, regulations, or laws can improve a land site’s value while other types can hurt the property value. Both new and experienced agents should learn as much as possible about the various ways that local planning boards and city councils can help or harm their own and their client’s property values. 

A land site’s zoning and legal usage designation must also be sufficient enough for third party lenders or banks, title insurance companies, and home, landlord, and contractor’s insurance companies to both lend money on and to insure against on behalf of the property owners. We will also address how the cost approach is used to both estimate the current and future values for the property when attempting to buy, sell, or borrow against from a bank. Other factors such as environment and climate play a significant factor in determining whether a property is considered prime and valuable or risky and lacking value potential.

“Money is what makes the world go ‘round” as the old saying goes. With real estate, financial access is perhaps the most important part of the purchase and sales process. We will address how mortgage loans have evolved over time, and learn various ways how improve access to the most affordable mortgage loan options. This course will cover in depth the components of promissory notes, deeds of trusts, and other types of mortgage instruments as well as explore the benefits of FHA, VA, conventional and private money lending programs. The higher the number of mortgage options available to borrowers and agents, the more likely that the transactions will close on time. It is common to use borrowed money to purchase real estate. When a borrower gives a note promising to repay the borrowed money and executes a mortgage on the real estate for which the money is being borrowed as security, the financing method is called mortgage financing. This chapter deals with different types of loan instruments commonly used to purchase real estate. In addition, this chapter will cover a number of mortgage provisions and clauses. Wisconsin is a Mortgage State as opposed to a Trust Deed State as will be detailed in various parts of this course. Loans are a common part of everyday for most individuals. We use financing to help purchase large ticket items like homes and cars. Through mortgaging, consumers can seek large-scale financing without requiring the lender to take on an equally large risk. This chapter deals with different types of mortgage loans and various forms of mortgage interest.

This course is iPad compatible. This course is about a variety of topics associated with real estate investments and property management. Licensed agents in Wisconsin need to truly understand how to value properties for their landlord, tenant, buyer, or seller clients to most effectively assist them with things like CMA (Comparative Market Analysis) forms, appraisals, and informal value opinions. 

We will cover in depth the various types of value analysis methods out there today such as the cost, income, and matched property techniques. We will also address some of the most relevant new contract forms for Wisconsin agents as well as the latest rules and codes to follow for both agents and investors. Additionally, agents will learn about numerous ways to manage, list, purchase, sell, and lease properties for their clients.