Real Estate Test Prep Webinar - Mortgage vs Trust Deed

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  • Опубліковано 12 гру 2024

КОМЕНТАРІ • 262

  • @dmkraft3403
    @dmkraft3403 5 років тому +94

    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.

    • @PrepAgent
      @PrepAgent  5 років тому +1

      Thanks so much!

    • @breannaevans3805
      @breannaevans3805 4 роки тому +5

      That's exactly how I feel!

    • @jenniferbutkovich7515
      @jenniferbutkovich7515 2 роки тому +1

      Same!

    • @klaryssabahena4548
      @klaryssabahena4548 2 роки тому +1

      literally mee toooooo

    • @SayIdoWithAngie
      @SayIdoWithAngie 2 роки тому

      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 ❤️ 💙 💜 💖

  • @TheMoChronicles
    @TheMoChronicles 6 років тому +23

    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.

    • @chisahcg
      @chisahcg 6 років тому +1

      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

    • @TheMoChronicles
      @TheMoChronicles 6 років тому +3

      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.

    • @mixedchickULike
      @mixedchickULike 5 років тому +1

      Are you making sales? What part of Cali? I'm up in Fairfield.

    • @2011JessicaMarie
      @2011JessicaMarie 5 років тому

      The Mo Chronicles congratulations 🎊

    • @rotcataergeht
      @rotcataergeht 5 років тому +1

      I sent out state exam application out today. How long will i get exam date in email? California.

  • @gustavoarellano4722
    @gustavoarellano4722 Рік тому +1

    Joe and paul vechuski are the best real easte instructors. They make it extremely simple to understand because, i know i am slow.

  • @lamb0warri0r77
    @lamb0warri0r77 6 років тому +52

    I Love You! :) PASSED WITH A 97 THANKS TO PREPAGENT! Vocab, Vocab, Vocab!

    • @VinhLe-gc8ws
      @VinhLe-gc8ws 5 років тому +5

      I thought they dont reveal passing score?

    • @rotcataergeht
      @rotcataergeht 5 років тому

      I passed with 87 yippee

    • @rray4900
      @rray4900 4 роки тому

      I failed by 2. I had tons of math I wasn't ready for

    • @the-bu3lb
      @the-bu3lb 4 роки тому

      @@VinhLe-gc8ws if u pass u don't get a score they prob passed the pre class

    • @Soso0408
      @Soso0408 4 роки тому

      This was a great video

  • @TR-ig8ih
    @TR-ig8ih 8 років тому +165

    Mortgagor gets the DOOR ..... mortgagee gets the FEE

  • @celeneolivas4706
    @celeneolivas4706 8 років тому +133

    i learned a lot more on this you tube channel than from my teachers

    • @AlyMariexoxo
      @AlyMariexoxo 6 років тому +4

      same

    • @TheAmityShip
      @TheAmityShip 6 років тому +2

      Yep. Same. My teacher only gave 40 of the 75 required hours. I learned almost nothing in her overpriced class.

    • @ferrarafam
      @ferrarafam 6 років тому

      I'm glad I found it too.

    • @User429cassu
      @User429cassu 6 років тому

      Celene Olivas same

    • @PrepAgent
      @PrepAgent  5 років тому +4

      I am glad you are enjoying it :)

  • @DD-ng3bj
    @DD-ng3bj 8 років тому +41

    Absolutely patient which makes him a great teacher.

    • @PrepAgent
      @PrepAgent  8 років тому +4

      Thank you so much :)

  • @MildewedDuke
    @MildewedDuke 6 років тому +2

    Joe going over the definition of mortgage and suffix, in regards to getting a mortgage, is literally mind blowing. Thank you for the webinar!

  • @tsunami6172
    @tsunami6172 5 років тому +6

    I watched all of your test prep tips and I passed my test yesterday. Thank you very much.

  • @shirlcrane3838
    @shirlcrane3838 2 роки тому +2

    I’ve taken the complete RE course and exam but got more out of your videos than anything learned in the classroom.

  • @SBALBUENA
    @SBALBUENA 5 років тому +3

    8/26/19 took my exam & passed!!! Forever grateful & thankful for these videos

  • @arianemontes7639
    @arianemontes7639 8 років тому +35

    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

    • @mushroomthump
      @mushroomthump 6 років тому +1

      So you only prepped using these videos? Just curious, thats awesome if so!

  • @aimeelott8262
    @aimeelott8262 6 років тому +4

    Hey Joe‼️
    I just want to thank‼️ Your UA-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 ‼️‼️‼️👍🏻😊

  • @betsybatista6488
    @betsybatista6488 7 років тому +7

    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 !!

    • @PrepAgent
      @PrepAgent  7 років тому +1

      +betsy carley muy bien para ti!!!

  • @limeyosu2000
    @limeyosu2000 4 роки тому +1

    did 90 hours of class and this is so helpful to bring it all back thank you!

  • @tamikasimmons2775
    @tamikasimmons2775 5 років тому +6

    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!

  • @katherinequattlebaum3270
    @katherinequattlebaum3270 9 років тому +29

    thank you Joe for uploading these videos, I'm from Texas and took the exam 3 times before I found you on UA-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!

    • @brandonbrown7377
      @brandonbrown7377 5 років тому

      Im about to take my exam in texas, any advice??

  • @avasplit7802
    @avasplit7802 7 років тому +2

    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!!

  • @j55555g
    @j55555g 9 років тому +21

    She is definitely going to past her test! This was a wonderful webinar!

  • @yassin553
    @yassin553 2 роки тому +1

    Joe! Thank you so much for creating all of this valuable content!!!

  • @amyleuenberger1842
    @amyleuenberger1842 8 років тому +5

    finally I get Tenants in Common vs Joint Tenancy! Love the illustrations! Many Thanks

  • @ShayMac311
    @ShayMac311 6 років тому +1

    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!

  • @christinegreen2968
    @christinegreen2968 7 років тому +1

    Love Amber's attitude. This video is the best. You & Amber make this fun. Thanks for sharing Joe

  • @davidh225
    @davidh225 8 років тому +5

    huge huge fan, to the point I just made a UA-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

  • @ricaselva1156
    @ricaselva1156 7 років тому +8

    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. :)

  • @mellimelle510
    @mellimelle510 7 років тому +9

    Passed my test today, Joe! Thanks for these awesome videos!

  • @shirlcrane3838
    @shirlcrane3838 2 роки тому

    Thank you Joe for this breakdown with Amber. It’s been such a breakthrough for me!!! Thank you so much!!!

  • @ariannawilson9112
    @ariannawilson9112 3 роки тому

    Omgoodness Prepagent has clarified real estate in soo many ways!!! Thank uuuu❤❤❤

  • @Trudefensefirearmstraining
    @Trudefensefirearmstraining 7 років тому +1

    So I'm studying the chapter on financing in the Real Estate Principles course. This video really made the reading more comprehensive. Thank you.

  • @scorpionimph
    @scorpionimph 7 років тому +3

    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!

  • @omarjafri7276
    @omarjafri7276 5 років тому +1

    Excellent information, I have been learning a lot from your channel, forget about the school and books, you are it !

  • @pageroman3498
    @pageroman3498 5 років тому +1

    I learned more form this than I have on my classes.

  • @cristinasoto7353
    @cristinasoto7353 7 років тому +1

    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!

  • @esorealtyinc
    @esorealtyinc 8 років тому +1

    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.

  • @iWashingtonMKV
    @iWashingtonMKV 3 роки тому +1

    This has been so HELPFUL!!!

  • @yazmin1104
    @yazmin1104 6 років тому +1

    I passed my exam today , thank you for your videos they helped a lot !

  • @stanlyberthil7690
    @stanlyberthil7690 8 років тому +4

    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.

    • @PrepAgent
      @PrepAgent  8 років тому +1

      +Stanly Berthil Thanks so much!! I really appreciate it

    • @stanlyberthil7690
      @stanlyberthil7690 8 років тому

      thanks again

    • @LifeWthree
      @LifeWthree 2 роки тому

      How did you prep for the state test?

  • @djcolez
    @djcolez 6 років тому +2

    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 .

  • @ThuHuynh-mw3ww
    @ThuHuynh-mw3ww 2 роки тому

    Learning from the right people is very therapeutic

  • @Jess-pp9mx
    @Jess-pp9mx 6 років тому +40

    "Mortgagee" = "gee, I hope he pays me back" (think bank, person lending the money)

  • @pamelathewiredesigner4589
    @pamelathewiredesigner4589 6 років тому +1

    Thank you so much for the clear understanding of mortgagee and mortgagor, my instructor never gave me this simple understanding.

  • @namaeliz7905
    @namaeliz7905 8 років тому +70

    i literally got here by smashing my head against my keyboard

    • @ashleejolyn5556
      @ashleejolyn5556 5 років тому +7

      iliana smiley that’s how studying for this exam feels too 😂

    • @katelyngavlik8840
      @katelyngavlik8840 4 роки тому +1

      This just made me genuinely laugh 😂 Lol same

  • @shawnparis8
    @shawnparis8 8 років тому

    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

  • @fillychuang9487
    @fillychuang9487 5 років тому

    I wonder if this is a private tutoring lesson.... I am so impressed that Joe has been patient in this video lesson!!! 👍

  • @katiehiers3382
    @katiehiers3382 6 років тому +2

    This was extremely helpful! I am about to watch every video you have done. THANK YOU!

  • @sheriallthewayaround3992
    @sheriallthewayaround3992 3 роки тому

    Joe you are simply the best!!! even though I didn't pass today....

  • @michaelwoodsman4379
    @michaelwoodsman4379 5 років тому

    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.

  • @vickyornelas5975
    @vickyornelas5975 7 років тому +1

    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..

  • @napothick
    @napothick 7 років тому

    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.

  • @fontellashomestaging2859
    @fontellashomestaging2859 4 роки тому +1

    Joe thank you for these classes ❤️

  • @boltup5566
    @boltup5566 8 років тому +2

    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.

  • @kimhenderson1787
    @kimhenderson1787 2 роки тому

    I'm so happy I found you!!

  • @jonathantaylor9779
    @jonathantaylor9779 9 років тому +4

    Thanks a lot. Your videos are really helping.

  • @tristynbradshaw5537
    @tristynbradshaw5537 5 років тому

    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.

  • @transitionalinteriorsllc9489
    @transitionalinteriorsllc9489 7 років тому

    Joe you are an awesome teacher. Love your patience.!!

  • @tracylevy3189
    @tracylevy3189 5 років тому

    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!!

  • @tatyanapozhar6631
    @tatyanapozhar6631 9 років тому +12

    I wish you were given a ability to give state exams, Verbal state exams>>

  • @nealmetcalfe4034
    @nealmetcalfe4034 4 роки тому

    Joe you rock sir. Great basic stuff, and ideas to relax when taking these tests.

  • @susanmeek726
    @susanmeek726 8 років тому

    Love this series. Been watching it for about a month now.

  • @erikabuenaventura4457
    @erikabuenaventura4457 9 років тому +2

    Hi Joe- can you please make a video explaining the optionee/or procedures?

  • @brandijohnson2335
    @brandijohnson2335 4 роки тому

    This is great for review. Im about to take my exam. I will continue to look at all of your videos.

  • @teetimewisdom90
    @teetimewisdom90 3 роки тому

    This was one of the best videos explaining this topic ever created! Thanks Joe love @prepagent

  • @jacquecitaN
    @jacquecitaN 3 роки тому

    This its the best video I have seem do far and I did learn more the any other

  • @BTH234
    @BTH234 7 років тому +3

    wonderful lesson, thank you.

  • @Wendyjo123
    @Wendyjo123 6 років тому

    This is my favorite so far. Learned a lot.

  • @floratravispushman215
    @floratravispushman215 7 років тому +1

    What is a limited Dual agency with assigned agent? What is the difference limited Dual agency without assigned agent?

  • @Cbs2425
    @Cbs2425 7 років тому +9

    After i pass my exam ill get my tattoo of our circle of trust , it'll be great guys c'mon!

    • @Andgh8
      @Andgh8 6 років тому

      Catherine Bare Sanchez seriously

    • @jeanmaxijr2487
      @jeanmaxijr2487 6 років тому +1

      Catherine Bare Sanchez haha...did you pass

    • @mixedchickULike
      @mixedchickULike 5 років тому

      A Tramp Stamp?

  • @luzrose588
    @luzrose588 2 роки тому

    So informative.

  • @brandijohnson2335
    @brandijohnson2335 4 роки тому

    Im listening to this over and over until I get it

  • @jackyfbby09
    @jackyfbby09 5 років тому +1

    Hello I failed my CA salesperson exam 2 times now it’s so hard !! :( there’s a lot of questions on the test about what a unlicensed person working at a broker can do.. can you make a video explaining the things they can and cannot do please - TIA

  • @Pharaoh_The_Great
    @Pharaoh_The_Great 9 років тому +29

    Lien money lien money lien money

  • @ashasproperty7852
    @ashasproperty7852 4 роки тому

    I finally get it.. Thank you Joe

  • @takeniteasyfriend
    @takeniteasyfriend 8 років тому

    Incredible instruction!!! I'm on the edge of subscribing this was so good.

    • @PrepAgent
      @PrepAgent  8 років тому

      +Robert Bepko thanks robert, would love to have you follow my channel

  • @ThuHuynh-mw3ww
    @ThuHuynh-mw3ww 2 роки тому

    Joe is very funny. I love listening

  • @MyJimmy4
    @MyJimmy4 7 років тому

    This is helping me so much! Thank you, you are a great teacher

  • @sharonwilder7341
    @sharonwilder7341 6 років тому

    THoroughly enjoyed you and Amber. She has a great voice. maybe you should hire her Joe.

  • @foundvictoria
    @foundvictoria 8 років тому

    Thank you Joe for everything! I have a simple question! Ernest money. The check is made out to the Brokerage... so I give my clients check to my broker? I do not deposit it? Thank you so much!

  • @angeltucker9248
    @angeltucker9248 8 років тому

    thank you Joe! I finally understand this now.

  • @HelloStorytime
    @HelloStorytime 5 років тому

    Awesome Joe! Well done

  • @frankcarlo7
    @frankcarlo7 3 роки тому +1

    The stuff itself is simple. It’s the way things are worded and articulated is what’s kind of confusing in my opinion lol

  • @dillonp4761
    @dillonp4761 3 роки тому

    That mortgagor/mortgagee person was totally me.
    The mortgagor is the borrower because they are the one giving the pledge. The mortgagee is the receiver because they are receiving the pledge.
    Dang, thank you. I had to write that to remember it.

  • @jjcn431
    @jjcn431 8 років тому

    joe, on your definition for contract deed, it says "the seller loans the buyer some funds and allows the person to live on the property." does that literally mean the seller is giving the buyer cash, or does it just mean the buyer is in debt said amount?

  • @bockarielahai6896
    @bockarielahai6896 6 років тому

    Oh Joe you are the best i pass my PA exams i do not know how to say but tbank you bro.

  • @cookingwithbitabebinobiamo4098
    @cookingwithbitabebinobiamo4098 2 роки тому

    Thank you very much.

  • @Joll378
    @Joll378 5 років тому

    very good teacher inndeed!..Thank you

  • @michaelpatrickmccracken5748
    @michaelpatrickmccracken5748 7 років тому

    This was a helpful one.
    Why a deed of trust instead of a mortgage? Do different states use deed of trust and others use a mortgage? If it is a choice in all states then why one over the other?
    Thanks

  • @samuelmunoz3422
    @samuelmunoz3422 6 років тому

    I learned so much from this video lol. Actually explained

  • @mj9071
    @mj9071 6 років тому

    Great content joe

  • @allisonfekrat1120
    @allisonfekrat1120 4 роки тому

    you are so helpful! thank you

  • @happyso3804
    @happyso3804 7 років тому +2

    Joe you are awesome!!!! The lady could thin faster though..:/

  • @vivianbui793
    @vivianbui793 5 років тому

    Thank you so much for this useful lesson u given us. I find it very helpful.

  • @ethanwilliams2855
    @ethanwilliams2855 5 років тому

    Love these videos.

  • @kellyhula
    @kellyhula 5 років тому

    Love your Videos! Thank you so Much!!!

  • @madereal8327
    @madereal8327 6 місяців тому

    Gr8 video. Very informative

  • @nohahathor929
    @nohahathor929 6 років тому

    I learned so much from you. Thank you!

  • @ripleysaltzmann-barrera4761
    @ripleysaltzmann-barrera4761 6 років тому

    Thanks, Joe!

  • @eniaszeszycki9156
    @eniaszeszycki9156 Рік тому

    Than you Joe you are the keep

  • @paulinaandrade3627
    @paulinaandrade3627 3 роки тому

    I love how she said “Thanks Joe best Friend”

  • @brandilocs4657
    @brandilocs4657 3 роки тому

    In this situation does the trustee have to have a real estate license?? 3rd try for national coming up. I am done failing by one point and will pass this time!

  • @igorz1768
    @igorz1768 4 роки тому

    awesome! learned a lot! thank you!