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Alternative Types of Homes & Financing

Audience: Recommended for those who want to investigate various types of housing and financing arrangements
Length: 2 hours
Materials: Each participant will receive a 55-plus page workbook, which reviews each topic covered and provides resources and a glossary for future use

 

Course Description:

Participants who attend this course will gain knowledge to make more informed decisions when considering housing and financing options.

Course Objectives:

  • Discuss pros and cons of renting versus owning.
  • Figure monthly payment and loan amounts.
  • Determine the approximate affordable home purchase price.
  • Find out about housing alternatives including mobil and manufactured homes, boats, condos, and townhouses.
  • Learn how to compare brands, features, and quality of homes.
  • Discover essential guidelines when considering a condominium or townhouse purchase.
  • Assess information on homeowner's associations.
  • Consider the pros and cons of an older versus newer home.
  • Obtain essential information about fixer-uppers.
  • Identify seven of the most profitable home improvements.
  • Review five important tips before building a home.
  • Uncover how to shop wisely for an architect, builder, and general contractor.
  • Explain how construction loans work.
  • Evaluate the financing alternatives of equity sharing and lease options.
  • Discover when a vacation or second home purchase makes sense and when it does not.

 

 

 

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