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Course Number/Section/Name: FIN 3311-70:Real Estate FinanceSemester/Year: Fall 2020Professor: Lisa MitchellClass Days/Times/Location or Other Format: ONLINEOffice Location: Classroom Center 208KOffice Hours: M-Thurs 3:30pm-5:00pmOffice Phone: (806)-651-2501Email: lmitchell@wtamu.eduSocial Media: Keep up with the latest happenings of your COB on Facebook and Twitter, connect with us onLinkedIn, and check out COB videos on YouTube.Terms of UseA student's continued enrollment in this course signifies acknowledgment of and agreement with thestatements, disclaimers, policies, and procedures outlined within this syllabus and elsewhere in the WTClassenvironment. This Syllabus is a dynamic document. Elements of the course structure (e.g., dates and topicscovered, but not policies) may be changed at the discretion of the professor.WTAMU Paul and Virginia Engler College of Business Mission StatementThe mission of the Paul and Virginia Engler College of Business is to provide high quality undergraduate andgraduate business education with a global perspective and ethical awareness. We accomplish this throughemphasis on excellence in teaching, which is strengthened by faculty scholarship and supported byprofessional service.and advancement via key learning goals andLearning Objectives of the WTAMU Paul andobjectives.Virginia Engler College of Business ProgramsThe Paul and Virginia Engler College of BusinessThe learning objectives of the Paul and Virginia(COB) at West Texas A&M University (WTAMU)Engler College of Business are as follows:seeks to prepare students in the Bachelor of LeadershipBusiness Administration (BBA), Master of Business CommunicationAdministration (MBA), Master of Professional Critical ThinkingAccounting (MPA), Master of Science in Computer Business IntegrationInformation Systems and Business Analytics Core Business Knowledge(MSCISBA) and the Master of Science Finance and Global Business EnvironmentEconomics (MSFE) degree programs for careers in Business Ethics and Corporate Governancebusiness and to foster their professional growthCourse DescriptionLegal nature of real estate mortgages, kinds of mortgages, second liens, real estate bonds, land contracts,lease-back, savings and loan associations, bank finance, mortgage banking, loan applications, title analysis,financing forms, FHA and conventional loans.1
Course Objectives The nature of real estate and real estate marketsResidential real estate and mortgagesAgricultural real estate and mortgagesCommercial real estate and mortgagesMap from COB Learning Objectives to Specific Course ObjectivesThe Paul and Virginia Engler College of Business Learning Goals are related to the course objectives for FIN3311 as follows:1. Students will demonstrate competencies in writing, speaking, and technology communication viagroup/individual exams, written assignments2. Students will demonstrate their competencies in critical thinking via group/individual exams, writtenassignments3. Students will demonstrate their competencies in ethical decisions via group/individual exams, writtenassignments4. Students will demonstrate their knowledge of the global and domestic environment and their relevanceto the business contexts via group/individual exams, written assignments5. Students will demonstrate their knowledge of diversity for effective problem-solving viagroup/individual exams, written assignments6. Students will illustrate and explain theories and concepts related to a list of specific course/disciplineconcepts via group/individual exams, written assignmentsCourse Materials (Including text, calculator, internet connectivity, software, virtual programs, etc.)TextThere is not a text for this course. I will post readings and outlines instead of having a text.CalculatorYou will need a financial calculator for this course to calculate time value of money, rate of returns andnet present value. You can use the financial calculator app or TI BAII Plus is what I use.Internet ConnectivityAs an online class you will need a reliable internet connection to be successful in this course.Virtual ProgramsI will be using Zoom or WebEx through the course. So be sure you have access to be able to watch orlisten to discussions or lectures. Having access to our University library will be helpful as I may referyou to use that resource.Course Grading PoliciesThis course will be graded on a point system. There will be 500 points available for the class, the pointbreakdown is the following:2
PointsLetter grade450-500 A400-449 B350-399 C300-349 D0-299F I do not round grades and so if you have 449.8 points that is a B There will be a grace period for each module. If you are 24 hours late then there will be a 25% penalty, if you are48 hours late there will be a 50% penalty, and if you are 72 hours late there will be a 75% penalty from yourgiven grade. How this is calculated is if you submitted work at a 11:01pm the day that it was due, I will gradeyour work as normal and then take 25% off for the 24 hour penalty.Course Assignment, Examination, and or Project Policies Tests and Quizzes will have a time limitWriting assignments will have a dropbox within WTClasso Please tell me at least 4 days prior to the due date if you are unable to make the due dateo Late work will not be accepted unless 4 days prior notice was given and a new due date was agreedupon by the professor and studentClassroom Conduct The best way to communicate with me will be through email lmitchell@wtamu.edu. In addition to teaching I dohave other duties with the College of Business with advising and Graduate admissions. If you would like to comeby my office, please contact me to make an appointment.Please feel free to ask questions or voice concernsI try to respond to questions very quickly so please let me know if you need any help. Usually respond within 24hours during the weekdays.Dates on the syllabus rarely change, but if they do I will inform everyone via announcements and/or email.I do not give special treatment to any student. Sometimes students want or demand special treatment. Iunderstand that some students do not care how others in the class are treated, but it is very important to methat all students are treated fairly and each student has the same opportunities. Therefore, dates andexpectations are for the entire class and not changed on an individual basis. If an individual emergency orextenuating cirmcumstance arises, I will work with an individual student to make sure it stays within thestandards and expectations of the class and is fair to others as well.There is no extra credit and there will be no incompletes. It is very rare that an incomplete is an option, thestudent must have adequate documentation from a medical professional, the U.S. military or the appropriatelegal entity. Additionally, the timeframe for the incomplete is typically one month after the class ends, and thehighest grade that a student can earn in the class is a C.3
Course Topics - Tentative Calendar of Readings, Topics, and Due DatesModule1234567DescriptionINTROSyllabus QuizIntroduction questionareResidentialDream home-Part 1ResidentialDream home- Part 2Time Value of Money worksheetResidential/Commercial propertyResidential QuizCommercial property-writing assignmentCommercialCommercial property-writing assignmentCommercialCommercial property QuizAgriculture/LandLand quizEnd of class questionareFinalDue DatePoints availableSeptember 7, 2020: 11pm CST40September 21, 2020: 11pm CST25October 5, 2020: 11pm CST60October 19, 2020: 11pm CST80November 2, 2020: 11pm CST25November 16, 2020: 11pm CST50December 8, 2020: 11pm CST220WTAMU Paul and Virginia Engler COB Student Code of EthicsEach student enrolled in COB courses accepts personal responsibility to uphold and defend academic integrityand to promote an atmosphere in which all individuals may flourish. The COB Student Code of Ethics strives toset a standard of honest behavior that reflects well on students, the COB and West Texas A&M University. Allstudents enrolled in business courses are expected to follow the explicit behaviors detailed in the StudentCode of Ethics.Code of Ethics Do not use notes, texts, solutionmanuals, or other aids for a quiz or examwithout instructor authorization. Do not copy the work of others and/orallow others to view your answers orcopy your work during a quiz, exam, oron homework assignments. Do not allow other parties to assist in thecompletion of your quiz, exam, 4homework, paper, or project when notpermitted.Do not work with other students onprojects or assignments withoutauthorization from the course instructor.Properly cite and specifically credit thesource of text, graphic, and webmaterials in papers, projects, or otherassignments.
Do not forge the signature of aninstructor, advisor, dean, or anotherstudent.Provide truthful information for classabsences when asking faculty for excusedabsences or for a make-up for a quiz,exam, or homework.Provide truthful information on yourresume including work history, academicperformance, leadership activities, andmembership in student organizations. Respect the property, personal rights,and learning environment of all membersof the academic community. Thisincludes posting, sharing, and otherwisedistributing the course materials outsideof this course without expressedpermission of the faculty, college,university, or system.Live up to the highest ethical standards inall academic and professional endeavors.Students violating the Student Code of Ethics will be reported to the Dean’s office and are subject to penaltiesdescribed in the West Texas A&M University Code of Student Life, which may include suspension from theUniversity. In addition, a violator of the Student Code of Ethics may become ineligible for participation instudent organizations sponsored by the COB and for recognition for College academic honors, awards, andscholarships.COB Student Resources LinkThe COB has developed a Student Resources repository (e.g., APA writing style information, business corereviews, facilities, and other helpful supplements), which can be found on the COB Website. Additionally,WTAMU has developed an Academic Study Skills information site to assist students (e.g., study habits,supplemental instruction, tutoring, writing and math skills), which can be found on the WTAMU Website. ForWTAMU Writing Center information (for students needing writing assistance, guidance, and feedback), pleasevisit their website.COB Communications ComponentThe Paul and Virginia Engler College of Business Communication Component requires students to demonstrateknowledge of communication skills. The COB communications component is a requirement in the followingcourses: ACCT 4373 (Accounting Communications), BUSI 1304 (Business Communication), BUSI 3320 (DigitalCollaboration and Communication), BUSI 4333 (Cross-Cultural Issues in Business Communications), BUSI 4350(Current Issues in Management Communications), BUSI 4375 (Healthcare Communication), BUSI 4380 (ConflictResolution and Negotiation), BUSI 4382 (Emerging Media Law), CIDM 3320 (Digital Collaboration andCommunication), ECON 4370 (Economics of Health Care), FIN 3350 (Personal Financial Planning), FIN 4320(Investments), FIN 4321 (Portfolio Theory), MGT 3335 (Organizational Behavior), MGT 4380 (ConflictResolution and Negotiation), or MKT 3342 (Consumer Behavior).Student Travel OpportunitiesIn multiple business courses, there may be opportunities for student travel supplemented by student fees. Ifyou have an interest in such opportunities as they become available, please notify a faculty member.Dropping/Repeating the Course5
Should a student decide to drop the course, it is the student’s responsibility to be aware of the final dropdates and adhere to the WTAMU Add/Drop policy. Any student participating in the course after the WTAMUposted drop date will be considered active and a grade will be administered at the end of the course for thatstudent. Students are charged a fee for any course attempted for a third or subsequent time at WTAMU otherthan a non-degree credit developmental course or exempted courses.Scholastic DishonestyIt is the responsibility of students and instructors to help maintain scholastic integrity at the University byrefusing to participate in or tolerate scholastic dishonesty. Commission of any of the following acts shallconstitute scholastic dishonesty. This listing is not exclusive of any other acts that may reasonably be said toconstitute scholastic dishonesty: acquiring or providing information for any assigned work or examinationfrom any unauthorized source; informing any person or persons of the contents of any examination prior tothe time the examination is given in subsequent sections of the course or as a makeup; plagiarism; submissionof a paper or project that is substantially the same for two courses unless expressly authorized by theinstructor to do so; submission of a paper or project prepared by another student as your own. You areresponsible for being familiar with the University's Academic Integrity Code, as well as the COB Student Codeof Ethics listed in this document.Academic IntegrityAll work must be completed individually unless otherwise stated. Commission of any of the following acts shallconstitute scholastic dishonesty: acquiring or providing information for any assigned work or examination from anyunauthorized source; informing any person or persons of the contents of any examination prior to the time the examis given in any subsequent sections of the course or as a makeup; plagiarism; submission of a paper or project that issubstantially the same for two courses unless expressly authorized by the instructor to do so. For more information,see the Code of Student Life.Viewpoints/External Websites DisclaimerThe views expressed in this document, web-based course materials, and/or classroom presentations anddiscussions are those of the professor and do not necessarily represent the views of West Texas A&MUniversity, its faculty and staff, or its students. Views expressed by students are likewise those of the personmaking such statements. It is understood and expected that each individual within this course will respect andallow individual difference of opinion.Neither the professor, the COB, nor WTAMU are responsible for the content of external websites discussed inthe classroom and/or linked to via online course materials, emails, message boards, or other means. Referredwebsites are for illustrative purposes only, and are neither warranted nor endorsed by the professor, COB, orWTAMU. Web pages change frequently, as does domain name ownership. While every effort is made toensure proper referencing, it is possible that students may on occasion find materials to be objectionable forreasons beyond our control.6
Acceptable Student BehaviorClassroom behavior should not interfere with the instructor’s ability to conduct the class or the ability of otherstudents to learn from the instructional program (Code of Student Life). Unacceptable or disruptive behaviorwill not be tolerated. Students engaging in unacceptable behavior may be instructed to leave the classroom.Inappropriate behavior may result in disciplinary action or referral to the University’s Behavioral InterventionTeam. This prohibition applies to all instructional forums, including electronic, classroom, labs, discussiongroups, field trips, etc.Technology RequirementsAll technological requirements for the successful completion of this course are the responsibility of thestudent, including access to a working computer and/or to a device with secure broadband Internetconnection, data storage and retrieval, and state-of-the-art security. The student is responsible for alltechnological problems not related to WTAMU, including but not limited to equipment failures, poweroutages, and internet breakdowns. Furthermore, students are responsible for all necessary technical andoperational skills for completing this course, and for being familiar with WTClass (the Blackboard LearningManagement System) both in a general sense and in a specific sense as pertaining to this course and anymaterials stored within. The professor is not responsible for any technical matters related to WTClass.Students must contact the IT Service Center at 806-651-4357 or itsc@wtamu.edu if they have problemsaccessing and/or using the WTClass environment. Students are also encouraged to consult the StudentTechnology Support Portal at students.wtamu.edu for help with WTClass.Physical or Educational Access - ADA StatementWest Texas A&M University seeks to provide reasonable accommodations for all qualified persons withdisabilities. This University will adhere to all applicable federal, state, and local laws, regulations, andguidelines with respect to providing reasonable accommodations as required to afford equal educationalopportunity. It is the student's responsibility to register with Student Disability Services (SDS) and to contactfaculty members in a timely fashion to arrange for suitable accommodations. Contact Information: StudentSuccess Center, CC 106; phone 806-651-2335.Title IX StatementWest Texas A&M University is committed toproviding a learning, working, and livingenvironment that promotes personal integrity,civility, and mutual respect in an environment freeof sexual misconduct and discrimination. Title IXmakes it clear that violence and harassment basedon sex and gender are Civil Rights offenses subjectto the same kinds of accountability and the samekinds of support applied to offenses against otherprotected categories such as race, national origin,etc. Harassment is not acceptable. If you orsomeone you know has been harassed orassaulted, you can find the appropriate resourceshere: WTAMU Title IX CoordinatorTitleIX@wtamu.edu or call 806.651.3199 WTAMU Counseling Services – ClassroomCenter 116, or call 806.651.2340 WTAMU Police Department – 806.651.2300, ordial 911 24-hour Crisis Hotline – 800.273.8255, or806.359.6699, or 800.692.4039 Visit the Notalone websiteFor more information, see the Code of Student Life.7
WT Attendance Policy for Core Curriculum ClassesFor the purposes of learning assessment and strategic planning, all students enrolled in Core Curriculum ordevelopmental courses at West Texas A&M University must swipe their Buff Gold cards through the cardreader installed in the classroom/lab for each class/lab meeting.Evacuation StatementIf you receive notice to evacuate the building, please evacuate promptly but in an orderly manner. Evacuationroutes are posted in various locations indicating all exits, outside assemble area, location of fire extinguishers,fire alarm pull stations and emergency telephone numbers (651.5000 or 911). In the event an evacuation isnecessary; evacuate immediately do not use elevators; take all personal belongings with you; report to outsideassembly area and wait for further information; students needing assistance in the evacuation process shouldbring this to the attention of the instructor at the beginning of the semester.CopyrightAll original content in this document, all web-based course materials (be they text, audio, and/or video),and/or classroom presentations are subject to copyright provisions. No distribution without the expresswritten consent of the author. Students are prohibited from selling (or being paid for taking) notes during thiscourse to or by any person or commercial firm without the express written permission of the professor.* Syllabus template approved by COB Curriculum Committee July 2020. Annual review of the syllabus is aformal part of the COB continuous improvement process.8
The best way to communicate with me will be through email lmitchell@wtamu.edu. In addition to teaching I do have other duties with the College of Business with advising and Graduate admissions. If you would like to come by my office, please contact me to make an appoint
