Presentation is loading. Please wait.

Presentation is loading. Please wait.

Introduction to Business and Marketing Chapter 32.1.

Similar presentations

Presentation on theme: "Introduction to Business and Marketing Chapter 32.1."— Presentation transcript:

1 Introduction to Business and Marketing Chapter 32.1

2  Identify the three types of residential property  Discuss aspects of home buying  Determine the difference between rental property and underdeveloped property

3  Real estate is an investment option.  Residential property, such as single-family homes, is usually considered a good investment  Property can also generate income

4  Unlike stocks and bonds, real estate is something you can use  A home is considered a good investment because home prices rise over the years  Homes fluctuate in value, just like other investments Real Estate land and anything attached to it, such as buildings or natural resources

5  The type of residential property that people pick depends on their income and needs o Single Family Homes o Multi-Unit Housing o Manufactured Homes

6  The most popular type of property  Usually on its own lot  Separate from other buildings  Range from two-bedroom homes to mansions

7  Single buildings divided into various units  Includes: Duplexes Townhouses Condominiums

8  Prefabricated houses are partly assembled at a factory, and put together at a building site  Mobile homes are fully assembled at factories  Cost is lower than other types of homes

9  Most people have to finance the purchase of a home with a home mortgage loan  Buying a house requires a down payment, which is usually 20 percent


11  Home buyers often obtain a real estate agent to help them find a home  Agent makes a percentage of the sale of the home

12  Factors affecting home values include: o Size o Condition o Quality o Location

13  The amount of equity you have in a home is very important. Home Equity the value of a piece of property less the amount still owed on the money borrowed to purchase it

14  With income property, the owner can product income in two ways: o Collect Rent o Sell for Profit

15  Apartment buildings and commercial properties are two common types of rental property Rental Property any type of dwelling unit or other property rented for a length of time

16  Underdeveloped property usually does not have utility services and cannot be farmed Underdeveloped Property unused land intended only for investment purposes

Download ppt "Introduction to Business and Marketing Chapter 32.1."

Similar presentations

Ads by Google