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BUSN 380 Week 5 You Decide Potential Purchase Of A Home
(2 Papers)
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SCENARIO
Scenario Summary
After a number of years of planning, you have made the decision to
evaluate the potential purchase of a home. The goal of the assignment
is to compare two homes based on demographics, and also to analyze
a number of additional factors related to the home-buying process and
ongoing possession.

Your Assignment

You will first need to research the housing market and compare the
values of two similar homes in two different areas. The two homes
must be extremely similar in structure size, land size, year built, and
additions such as swimming pools or barns. Then, based upon your
findings, you will select one of the homes to purchase, calculate a
monthly payment on the mortgage note, compare this information
with what you can potentially afford, and address additional questions
related to home ownership.
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