BUSN 380 help Making Decisions/uophelp.com BUSN 380 help Making Decisions/uophelp.com | Page 81

BUSN 380 Week 5 You Decide Potential Purchase Of A
Home (2 Papers)
For more course tutorials visit
www.uophelp.com
This Tutorial contains 2 Papers
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.
----------------------------------------------------------------------------