Buying a Home. Renting a House. Advantages. Disadvantages. Buying a House. Advantages. Disadvantages. Should they buy or rent?. Challenge Activity! What are the differences among the teams? What are some reasons for the differences?. Buying a Home.
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Buying a Home
Should they buy or rent?
What are the differences among the teams? What are some reasons for the differences?
phase 1: determine home-ownership needs
phase 2: locate and evaluate a home
phase 3: price the property
phase 4: obtain financing
phase 5: close the purchase transaction
Conducting a Home Inspection
Your mortgage acceptance will be based on your credit record.
The amount of the mortgage for which you qualify will be influenced by:
At the real estate transaction settlement, commonly referred to as the “closing”. The following are some costs that are typically incurred by a person buying a home:
Before putting your home on the market, make any preparations that could increase appeal and market value
Determine the selling price, based on
Decide if you will do a "sale by owner"
Consider using the services of a real estate agent