Personal Finance #6-Housing: Purchase vs Renting

Personal Finance #6-Housing: Purchase vs Renting, available at $49.99, has an average rating of 4.65, with 63 lectures, based on 25 reviews, and has 14360 subscribers.

You will learn about How to make the home, rent vs buy, decision Process for selecting an apartment How to analyze a lease agreement Steps for purchasing a home How to buy a home remotely How to finance a first time home How to apply for a mortgage loan Describe the escrow process Explain the difference between a loan officer and mortgage broker List and describe warranties Perform a loan estimate Explain the home appraisal process Define title and explain why it is important Explain FHA Single Family Title II Describe mortgage points and how to make decisions related to them Describe Adjustable-Rate Mortgage (ARM) Explain what a second mortgage is and when it would be useful This course is ideal for individuals who are Individuals or Personal financial advisors or Real estate professionals It is particularly useful for Individuals or Personal financial advisors or Real estate professionals.

Enroll now: Personal Finance #6-Housing: Purchase vs Renting

Summary

Title: Personal Finance #6-Housing: Purchase vs Renting

Price: $49.99

Average Rating: 4.65

Number of Lectures: 63

Number of Published Lectures: 63

Number of Curriculum Items: 63

Number of Published Curriculum Objects: 63

Original Price: $119.99

Quality Status: approved

Status: Live

What You Will Learn

How to make the home, rent vs buy, decision
Process for selecting an apartment
How to analyze a lease agreement
Steps for purchasing a home
How to buy a home remotely
How to finance a first time home
How to apply for a mortgage loan
Describe the escrow process
Explain the difference between a loan officer and mortgage broker
List and describe warranties
Perform a loan estimate
Explain the home appraisal process
Define title and explain why it is important
Explain FHA Single Family Title II
Describe mortgage points and how to make decisions related to them
Describe Adjustable-Rate Mortgage (ARM)
Explain what a second mortgage is and when it would be useful

Who Should Attend

Individuals
Personal financial advisors
Real estate professionals

Target Audiences

Individuals
Personal financial advisors
Real estate professionals

The course will focus on personal housing decisions.

The course will discuss how to approach the decision of purchasing or renting a home, which can be very complex given the long-term investment nature of a home purchase, the high cost relative to other expenses, and the different time frames between renting and purchasing.

We will discuss decisions related to renting, like selecting an apartment and analyzing the lease agreement.

Learners will understand concepts related to the home purchasing process. We will discuss the options for buying a home remotely, the importance of an inspection, the time frame to buy a home, and home buying apps that can be useful in the home buying process.

The course will also cover financing basics for first-time homebuyers, how to apply for a mortgage, what a mortgage clause is, and describe the escrow process.

We will compare a loan officer and a mortgage broker. Learners will understand different loan characteristics and much more.

The course will also have practice problems, including downloadable Excel Workbooks, which users may also open using Google Sheets.

The Excel Workbooks will generally have at least two tabs. One tab will have the answer key so learners can deconstruct the problem. The second tab is where we work the practice problem step-by-step along with the instructional videos.

Course Curriculum

Chapter 1: Presentations- Housing: Purchase or Renting

Lecture 1: 7010 Rent vs Buy Home Decision Overview

Lecture 2: 7030 Selecting an Apartment Overview

Lecture 3: 7040 Lease Part 1

Lecture 4: 7045 Lease Part 2

Lecture 5: 8010 Home Buying Activities Overview

Lecture 6: 8030 Buying a Home Remotely

Lecture 7: 8050 Importance of Home Inspection Contingency

Lecture 8: 8070 How Long Does Buying a Home Take

Lecture 9: 8090 Best Home Buying Apps

Lecture 10: 8110 Financing Basics for First Time Homebuyers

Lecture 11: 8130 How to Apply for a Mortgage Loan

Lecture 12: 8150 What Is a Mortgagee Clause

Lecture 13: 8170 What to Know About Your Escrow Balance 1

Lecture 14: 8170 What to Know About Your Escrow Balance 2

Lecture 15: 8190 Loan Officer vs. Mortgage Broker

Lecture 16: 8200 Listing Broker

Lecture 17: 8220 What’s in Your Escrow Balance and How You Can Track It

Lecture 18: 8240 Should I Lock My Mortgage Rate Today

Lecture 19: 8260 How to Buy a House With Bad Credit

Lecture 20: 8280 What is a No-Closing-Cost Mortgage

Lecture 21: 8300 Home Warranties

Lecture 22: 8320 Loan Estimate

Lecture 23: 8340 Home Inspection Companies

Lecture 24: 8360 Buying a Foreclosed House Top 5 Pitfalls

Lecture 25: 8380 Home Appraisals

Lecture 26: 8420 Starter Home

Lecture 27: 8440 Common Mistakes of First Time Home Buyers

Lecture 28: 8460 Clear Title

Lecture 29: 8480 FHA Single Family Title II

Lecture 30: 8500 Mortgage Points

Lecture 31: 8520 Adjustable-Rate Mortgage (ARM)

Lecture 32: 8540 Second Mortgage

Lecture 33: 8560 Reverse Mortgage

Lecture 34: 8580 Refinancing

Lecture 35: 8600 Paying Off Your Mortgage Early

Lecture 36: 8620 Principal Residence Exclusion.

Lecture 37: 8640 What Not to Fix When Selling a House

Lecture 38: 8660 To Do Before Calling a Real Estate Agent

Lecture 39: 8680 List Price

Lecture 40: 8700 Seller-Paid Points

Lecture 41: 8710 Exclusive Listing

Lecture 42: 8720 Home Sale Negotiating Strategies

Lecture 43: 8740 Short Sale

Chapter 2: Practice Probs

Lecture 1: 7040 Estimated Monthly Cost Purchase Condominium

Lecture 2: 7050 Estimate Affordable Home Purchase Price

Lecture 3: 7060 Home Loan Comparison

Lecture 4: 7100 Saving for Down Payment on Home

Lecture 5: 7140 Buy or Rent Decision Problem 1

Lecture 6: 7222 Buy or Rent Home Decision Problem 2 Part 1

Lecture 7: 7233 Estimated Home Price from Monthly Income

Chapter 3: Excel Probs

Lecture 1: 7040 Estimated Monthly Cost Purchase Condominium

Lecture 2: 7050 Estimate Affordable Home Purchase Price Part 1

Lecture 3: 7052 Estimate Affordable Home Purchase Price Part 2

Lecture 4: 7060 Home Loan Comparison

Lecture 5: 7080 Adjustable-Rate Mortgage (ARM) Rate Increase

Lecture 6: 7100 Saving for Down Payment on Home

Lecture 7: 7140 Buy or Rent Home Decision Problem 1 Part 1

Lecture 8: 7142 Buy or Rent Home Decision Problem 1 Part 2

Lecture 9: 7222 Buy or Rent Home Decision Problem 2 Part 1

Lecture 10: 7224 Buy or Rent Home Decision Problem 2 Part 2

Lecture 11: 7233 Estimated Home Price from Monthly Income Part 1

Lecture 12: 7235 Estimated Home Price from Monthly Income Part 2

Lecture 13: 7237 Estimated Home Price from Monthly Income Part 3

Instructors

Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI

Rating Distribution

1 stars: 0 votes
2 stars: 1 votes
3 stars: 3 votes
4 stars: 5 votes
5 stars: 16 votes

Frequently Asked Questions

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