Week 4 Project - Jamie Acker

PROJECT

Project: (due at the end of Unit 6)

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.