Part I: Select a piece of real estate (residential, commercial, warehouse, land)
Question # 00080050
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Updated on: 07/06/2015 11:03 AM Due on: 08/05/2015
Part I: Select a piece of real estate (residential, commercial, warehouse, land), any number of resources can be used (www.realtor.com is one option). You will need to include a listing sheet/link with your submitted assignment.
Part II: Determine a down payment. (a standard down payment is 20%, however you may offer justification for any amount/percent you choose)
Part III: Research 2 different financing options
Part IV: Use Excel (or other approved spread sheet) to create a complete amortization schedule for the lif of both financing options.
Part V: Write an analysis that compares and contrasts the two financing options in detail. Be specific. Include justifications for selecting an option.
Part II: Determine a down payment. (a standard down payment is 20%, however you may offer justification for any amount/percent you choose)
Part III: Research 2 different financing options
Part IV: Use Excel (or other approved spread sheet) to create a complete amortization schedule for the lif of both financing options.
Part V: Write an analysis that compares and contrasts the two financing options in detail. Be specific. Include justifications for selecting an option.
Project Scoring Rubric:
Project Contents
Points
A real estate listing sheet
A description, explanation, or calculation of the down payment for the property
A description of the two financing options/products being compared
A "hand-made" Excel spread sheet containing side by side amortization
schedules
Written analysis (20 points total)
- Explanation of any background information and/or further description of loan
types selected
- Analysis of the similarities and differences in the amortization schedules
- Justification for selection of either option
- Use of proper grammar, spelling, sentence structure and paragraph structure
TOTAL
_____ / 5
_____ / 5
_____ / 5
_____ / 15
_____ / 5
_____ / 5
_____ / 5
_____ / 5
_____ / 50
Project Contents
Points
A real estate listing sheet
A description, explanation, or calculation of the down payment for the property
A description of the two financing options/products being compared
A "hand-made" Excel spread sheet containing side by side amortization
schedules
Written analysis (20 points total)
- Explanation of any background information and/or further description of loan
types selected
- Analysis of the similarities and differences in the amortization schedules
- Justification for selection of either option
- Use of proper grammar, spelling, sentence structure and paragraph structure
TOTAL
_____ / 5
_____ / 5
_____ / 5
_____ / 15
_____ / 5
_____ / 5
_____ / 5
_____ / 5
_____ / 50
-
Rating:
/5
Solution: Part I: Select a piece of real estate (residential, commercial, warehouse, land)