Updated to reflect real estate market conditions in today's post-subprime mortgage era, this comprehensive reference book covers virtually every aspect of buying and selling, understanding mortgages, analyzing real estate investment opportunities, getting and understanding appraisal reports, and more. The book's main features include: A summary of federal legislation and regulations relating to real estate An overview and general description of careers in real estate A 400-plus-page real estate glossary with A-to-Z short-entry definitions of real estate terms, financing terms, house styles and parts, and real estate organizations An extensive set of tables that give readers monthly mortgage payment figures calculated across a wide range of annual interest rates Facsimile real estate forms and worksheets to familiarize potential buyers with the paperwork involved in getting a mortgage and purchasing real estate...and much more. Here in one volume is a compendium of facts, figures, and general information that covers virtually every aspect of the contemporary real estate industry. Includes charts, tables, and line illustrations.