Personal Finance #6-Housing: Purchase vs Renting
Learn how to plan your personal finances from a certified public accountant (CPA)
7010 Rent vs Buy Home Decision Overview
7020 Housing Rental Process Overview
7030 Selecting an Apartment Overview
7040 Lease Part 1
7045 Lease Part 2
8010 Home Buying Activities Overview
8030 Buying a Home Remotely
8050 Importance of Home Inspection Contingency
8070 How Long Does Buying a Home Take
8090 Best Home Buying Apps
8110 Financing Basics for First Time Homebuyers
8130 How to Apply for a Mortgage Loan
8150 What Is a Mortgagee Clause
8170 What to Know About Your Escrow Balance 2
8170 What to Know About Your Escrow Balance 1
8190 Loan Officer vs. Mortgage Broker
8200 Listing Broker
8220 What’s in Your Escrow Balance and How You Can Track It
8240 Should I Lock My Mortgage Rate Today
8260 How to Buy a House With Bad Credit
8280 What is a No-Closing-Cost Mortgage
8300 Home Warranties
8320 Loan Estimate
8340 Home Inspection Companies
8360 Buying a Foreclosed House Top 5 Pitfalls
8380 Home Appraisals
8420 Starter Home
8440 Common Mistakes of First Time Home Buyers
8480 FHA Single Family Title II
8500 Mortgage Points
8520 Adjustable-Rate Mortgage (ARM)
8540 Second Mortgage
8560 Reverse Mortgage
8580 Refinancing
8600 Paying Off Your Mortgage Early
8620 Principal Residence Exclusion.
8660 To Do Before Calling a Real Estate Agent
8640 What Not to Fix When Selling a House
8680 List Price
8700 Seller-Paid Points
8710 Exclusive Listing
8720 Home Sale Negotiating Strategies
8740 Short Sale
7040 Estimated Monthly Cost Purchase Condominium
7050 Estimate Affordable Home Purchase Price
7060 Home Loan Comparison
7100 Saving for Down Payment on Home
7140 Buy or Rent Decision Problem 1
7222 Buy or Rent Home Decision Problem 2 Part 111a81b37.autosave
7233 Estimated Home Price from Monthly Income
7040 Estimated Monthly Cost Purchase Condominium
7050 Estimate Affordable Home Purchase Price Part 1
7052 Estimate Affordable Home Purchase Price Part 2
7060 Home Loan Comparison
7080 Adjustable-Rate Mortgage (ARM) Rate Increase .
7100 Saving for Down Payment on Home
7140 Buy or Rent Home Decision Problem 1 Part 1
7142 Buy or Rent Home Decision Problem 1 Part 2
7222 Buy or Rent Home Decision Problem 2 Part 1
7224 Buy or Rent Home Decision Problem 2 Part 2
7233 Estimated Home Price from Monthly Income Part 1
7235 Estimated Home Price from Monthly Income Part 2
7237 Estimated Home Price from Monthly Income Part 3
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.