Assignment 1: Real Estate Closings Research Paper (Week 3)
Instructions
Closing the Real Estate Transaction
Choose four terms or concepts that might be used during a Real Estate closing. These terms must be connected in some way to the closing. Write a four to six page academic, APA-formatted research paper
- Explaining the meaning of each term,
- Why it is important,
- List any important issues and concerns or advantages and disadvantages that might occur.
- Discuss who these terms affect and who is responsible; e.g., buyer, seller, agent, lender, closing agent, etc.
- The Real Estate terms used should illustrate the current terminology used in closings.
Some examples of such terms include Closing Disclosure, escrow closing, deed, note, mortgage, marketable title, title search, binder, deed of trust, warranty and other types of deeds, closing costs and seller contributions, prorated/prepaid expenses, transfer tax, or any other terms directly related to a closing.
Assignment Instructions
Prepare a paper thoroughly discussing the topic. The paper must include your research, your thoughts and analysis, and a critical-thinking evaluation of the research.
It must be in proper APA format. If you set up Words features (headers, margins, alignment, indentions, page breaks, hanging indentions, etc.) to help you do this, it will be much easier. If you need help using Word, contact your Advisor or Classroom Support.
Late papers are not accepted.
Before submitting, use the following checklist to be sure you’ve included all parts of the paper.
Double space everything in all assignments.
- The paper must contain
-A title page, using APA 7th Edition Student formatting as outlined at Purdue OWL. (Note: Student papers use page numbers in the upper-right corner, NOT Running Headers). Bold the title.
-An Executive Summary- (On a separate page, placed between the title page and the main paper). The title for Executive Summaries is Executive Summary, bolded and centered. The first paragraph is indented. Business does not use Abstracts. An Executive Summary is a summary of the most important content in your report. They are written for upper management, so the manager can review your ideas and make a decision.
The way I write an Executive Summary is to go to each paragraph, make a note of the most important point, and then take those notes and write my summary from them. You are summarizing your analysis for the manager and stating your conclusions from your research and analysis. Do not just write a list of sentences that you have taken from your paper. For the papers in this class, an Executive Summary will be about one-half to a page and a half long.
Use Words Page Break feature here for correct spacing.
The body of the paper must contain-
-The title of the paper, centered and bolded above the introductory paragraph.
-An introductory paragraph (Do NOT label it Introduction. See the sample student APA paper at the website OWL Purdue).
-The discussion and analysis of your research, using APA headings and citations where needed,
-No more than 20% of your paper should be taken from other authors. Please check TurnItIn (TII) percentage after submission. If TII says you have more than 20%, look at your paper and see where you can add more of your ideas and analysis to bring the percentage down to no more than 20%. Then resubmit.
You must demonstrate original thought in your paper along with research to either support or refute your ideas (Yes, it is okay to argue with the research) – a report consisting of a lot of quoted work with no original thought will not receive credit.
Any material, ideas, thoughts, words, etc. taken from another author must be cited, whether you are quoting them or not.
-A conclusion, which briefly summarizes the paper and outlines your suggestions. Label it Conclusion with an APA first-level heading.
Use Words Page Break feature here for correct spacing.
-A reference page formatted in APA style-***If you do not have citations AND references for your resources, you will not receive credit for the research.
References must be formatted using the correct APA style. All references use a hanging indent. Please see Purdue OWL or our Library for how to format references.
A few helps for references.
The title of the reference page is References. Bold and center it.
The first title is always written in lowercase.
Articles, chapters, etc. are not italicized; Books, websites, magazines, journals, Names of movies, etc. are.
References must be formatted using a hanging indent.
-A minimum of three references are required. These will support or refute your ideas in the paper. Two must be from the APUS Library. You, also, may use your text. Extra references may earn extra points. Wikipedia, Investopedia, Dictionaries and other sites like this are not considered valid academic sources. You may use them, but they do not count as your three valid references.
-Please note that mere copying and pasting from a website is not research, and I am aware of AI (FYI AI plagiarizes and uses fake references). All papers are electronically checked using specialized software to see if you wrote your work.
Plagiarized and AI-produced material will not receive credit and will be forwarded to the APU/AMU Plagiarism Department. This report goes in your permanent file.
-Upon completion, go to Class Tools and upload your work to the Assignments area of the classroom.
Rubric: See below
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