HUSC 3366 Chapter 7 Selecting and Financing Housing

Chapter 7 Selecting and Financing Housing

Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object]

Lesson: 1 Evaluating Renting and Buying Alternatives

Evaluating Housing Alternatives ,[object Object],[object Object],[object Object],[object Object],9-2

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Evaluating Housing Alternatives 9-3 (continued)

Rent versus Own: Evaluating Housing Alternatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-4

Housing Rental Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-5

Legal Details of a Lease ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-6

Housing Rental Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-7 (continued)

Lesson: 2 Home-Buying Activities

Steps in Home Buying Process pg 215 ,[object Object],[object Object],[object Object],[object Object],[object Object]

Home Buying Process Step 1: Determine Homeownership Needs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-8

Home Buying Process Step 1: Determine Homeownership Needs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-9 (continued)

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Home Buying Process Step 1: Determine Homeownership Needs 9-10 (continued)

Assess Types of Housing Available ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-11

[object Object],[object Object],[object Object],Assess Types of Housing Than Can be Purchased 9-12

Assess Types of Housing Than Can be Purchased ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-13 (continued)

Home Buying Process Step 1: Determine Homeownership Needs ,[object Object],[object Object],[object Object],[object Object],[object Object],9-14

Question ,[object Object],[object Object],[object Object]

Home Buying Process Step 2: Finding and Evaluating a Property to Purchase ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-15

Home Buying Process Step 3: Pricing the Property ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-16

Lesson: 3 The Finances of Home Buying

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Home Buying Process Step 4: Obtaining Financing 9-17

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Type of Mortgages 9-18

Type of Mortgages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(continued) 9-19

Type of Mortgages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(continued) 9-20

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Home Buying Process Step 5: Close the Purchase Transaction 9-21

Overview of the Main Elements of Buying a Home ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-22

Lesson: 4 A Home-Selling Strategy

Selling Your Home ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],9-23

Comparison of 15 and 30 Year Mortgages ,[object Object],[object Object],[object Object],9-24

Comparison of Different Rates ,[object Object],[object Object],[object Object],9-25

Online Activity ,[object Object],[object Object],9-26

HUSC 3366 Chapter 7 Selecting and Financing Housing

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HUSC 3366 Chapter 7 Selecting and Financing Housing