What You'll Learn
- ✓ How to compare the true costs of renting vs buying a home
- ✓ The step-by-step home buying process from pre-approval to closing
- ✓ How mortgages work including fixed vs adjustable rates, PMI, and amortization
- ✓ Real estate investment options including REITs and rental properties
- ✓ Key financial metrics for evaluating real estate decisions
Lessons
1
Renting vs Buying
Compare the true costs of renting and buying, including hidden expenses and the mobility-equity tradeoff.
2
The Home Buying Process
Walk through pre-approval, house hunting, making offers, inspections, and closing.
3
Understanding Mortgages
Learn about fixed vs adjustable rates, mortgage terms, PMI, points, and amortization.
4
Real Estate as Investment
Explore REITs, rental property basics, real estate crowdfunding, and how real estate compares to stocks.
Your Property Tree
"Strong roots make strong homes"
Complete lessons to help your tree grow!
Module Progress
Completion
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0 of 4 lessons completed
Quiz: Not attempted
Key Terms
- PMI: Private Mortgage Insurance, required when down payment is less than 20%
- Amortization: The process of paying off a loan through regular payments over time
- REIT: Real Estate Investment Trust, a company that owns income-producing real estate
- Closing Costs: Fees and expenses paid when finalizing a home purchase, typically 2-5%