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Chapter 32 Real Estate. Home Ownership Types of Homes.

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Presentation on theme: "Chapter 32 Real Estate. Home Ownership Types of Homes."— Presentation transcript:

1 Chapter 32 Real Estate

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6 Home Ownership

7 Types of Homes

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11 Buying a Home

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14 Home Values

15 If you buy a house in an area where many businesses are closing, the value of your house will go down.

16 Home Equity

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18 Advantages of Home Ownership

19 Disadvantages of Home Ownership

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21 Income Property

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23 Undeveloped Property

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26 30 Year Fixed Rate Loan

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30 Interest Rates

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33 Adjustable Rate Loans

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40 Sub-Prime Loans, Interest Only Loans

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43 Points

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46 Closing Costs

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48 Escrow

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52 Bi-Weekly Mortgage Savings

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54 Doubling Your Principal Payment


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