DISCUSSION

CHAPTER 5

1

• Why is a debit card like using cash? (121)

2

• When you move out of your parents house into your own home, what costs do you expect? (122)

3

• What are the advantages of having a shorter term loan on a house? (123)

4

• What are some differences between apartment living and house living? (125)

5

• What are something's you can expect to be on a lease agreement? Do you think it is different between a college town and a regular town? (128)

6

• Why do you think so many people are involved in the home buying process? (135)

7

• What are some options you have when deciding to purchase a house? (137)

8

• When you tour a home for sale how do you expect it to look? What are something's you may look for? (138)

9

• What are some differences between selling your house with an agent and FSBO?

10

• What is the difference between a fixed and variable interest rate?

11

• What happens if you foreclose on a house or claim bankruptcy?

12

• What is the first thing you need to do before going to look for a house to buy?

13

• After you purchase a home, how many years should you stay in that home? (147)