Bell Ringer: 1. Get out a sheet of paper, put today’s date on it, and put your name in the top right corner, as well as the class period. 2. Answer the following questions: Does your family’s house meet your family’s needs? What is something your house doesn’t have that you feel it needs? Why did you choose that?

Unit 1 Housing Needs and Decisions

1. Climate The recorded weather conditions of a region which are determined by temperature and meteorological changes over a period of years.

2. Condominium Individually owned housing units in a multi-unit development.

3. Culture Everything about the way a group of people lives.

4. Duplex One building that contains two separate living units.

5. Earth Sheltered Houses that are partially covered with soil.

Bell Ringer: Would you rather live in a house or apartment? What would be the difference of the two?

6. Efficiency Apartment A unit with one main room, a small kitchen area, and a bathroom.

7. Eviction A legal action that requires tenants to move out before the lease has expired.

8. Exposure The position of a house in relation to the sun and the wind.

9. Family Life Cycle Series of stages through which an average family passes.

10. Interest Rate A fixed quantity or charge for borrowed money, generally a percentage of the amount borrowed.

11. Lease A legal document a person signs when agreeing to rent housing for a specified period of time.

12. Lessee Someone who pays rent to use or occupy property owned by someone else.

13. Lessor A person who owns a property and rents it to someone else.

14. Lifestyle Everything about the way one person , a couple , or a family chooses to live.

15. Manufactured Home A transportable structure, constructed in a factory , designed to be used as a single family dwelling.

16. Modular Home A home made up of separate box like sections that are built in a factory and assembled at the site

17. Restrictions Part of the convenants or conditions intended to enhance the use of common property which is recorded into the title of each owner

18. Security Deposit A fee paid by a renter to cover the cost of any future damage that may be caused to the unit.

19. Sublet To move out of a rental unit before the lease is up and rent the unit to someone else while retaining legal responsibility for the lease.

20. Technology The application of scientific knowledge for practical purposes such as reaching goals, meeting needs, and solving problems.

21. Tenants Those who pay rent to occupy property which is owned by someone else.

22. Universal Design Designing interiors and home products to accommodate all people with a variety of requirement, needs and abilities.

23. Utilities Service such as electric power, gas, water, and telephone.

Bell Ringer: What do you think you need to know about housing before you choose a home?

Examples of History of Housing Types of Housing Options I. Introduction Housing Needs Examples of History of Housing Types of Housing Options Consideration for Choosing Housing

Maslow’s Hierarchy of Needs

A. Physical 1. Shelter 2. Food and water 3. Rest

B. Safety and Security. 1. Safe feeling from dangers. 2 B. Safety and Security 1. Safe feeling from dangers 2. Secure in the area you live

C. Psychological Needs Love and Belonging Esteem Self-Actualization Being loved and accepted Privacy and cared by others Esteem Identity, respect, and admiration Self-Actualization Creativity and full potential

Trends

A. Past In Colonial era, the kitchen was the only room heated. The kitchen was also the largest room; it was the gathering place. All of the children slept in the same rooms and sometimes in the same bed. Some homes consisted of only 1 or 2 rooms. There was little privacy due to the lack of space.

B. Present Modular/Mobile a. Size larger homes 2,000 – 4,000 sq. ft. b. Bedroom for each child c. 2+ Baths d. Garage e. Multi-purpose room Home Office Split-plan

C. Future A few high rise apartments in NY actually do not have kitchen Alternative energy sources will be used Less wood More recycled products will be used More Universal Design ex: handicap accessible counters, doorways, showers Smaller designs

Respond: How do you see housing changing in the future?

Bell Ringer: What similarities did you discover about housing long ago and our housing today?

Assignment: Look up the assigned housing style. Create a poster with the following information: a. When it was popular? (Time period) b. What materials were used? (wood, brick, stone, sod, earth, etc.) c. What region of the world would we find this type of housing? (Southern US, SW US, etc.) d. What group of people lived in it? (Native Americans, Dutch, English, etc.) Draw a picture of an example of that particular style of housing.

What is something you learned from someone else’s presentation? Bell Ringer: What is something you learned from someone else’s presentation?

1.3 List types of housing options 2 Basic Types of Housing Options: 1. Single-family dwelling (freestanding, modular, manufactured, etc.) 2. Multi-family dwelling (apartment, duplex, condominium, townhouse, etc.)

We classify houses in one of three different categories. Types of Dwellings: We classify houses in one of three different categories.

A. Natural Shelters Cliff dwellers/ caves

Mobile Homes/Trailers and Campers B. Portable Shelters Tepee/Tents Mobile Homes/Trailers and Campers

C. Permanent Shelters Secured to ground

Considerations for Choosing Housing 1.4 Discuss the decision making process related to housing

A. Location Realtors will tell you the most important thing to remember when buying a house is… LOCATION, LOCATION, LOCATION!

B. Money or Costs How much can you afford? Will there be any hidden costs? What costs are included in the buying and selling of real estate?

C. Personal Desire KNOW: 1. What are you looking for? 2. What do you need?

Advantages and Disadvantages of Housing Choices

Buying Advantages Disadvantages Privacy Long-term committment Increase in Value Maintenance Stable Tied down Predictable Costs Higher costs than some rent Tax deductions Value may not increase Pride in ownership Property taxes Builds credit Possible foreclosure

What should you consider before you buy a house? Bell Ringer What should you consider before you buy a house?

Renting Advantages Disadvantages Shorter term commitment Do not build equity Little or no maintenance Much less freedom Lower insurance Cost is almost equivalent to buying Lower up-front payments Less privacy No real estate taxes No ownership Easy to get out of commitment

Use the Decision Making Process 1. Identify the decision. 2. List possible choices. 3. Compare advantages and disadvantages of choices. 4. Make a decision. 5. Evaluate and reflect.

What are the steps you should take before buying a home? Process of Buying a Home What are the steps you should take before buying a home?

1. Setting A Budget Know how much you can afford to spend on a house. Take into consideration any improvements you may have to make to the house and add that to the price of the house. There are mortgage calculators online that will help you determine how much you could expect to pay in a monthly mortgage, but don’t forget you’re going to be paying property taxes every year and utilities every month.

2. Researching availability Know what is out there! Research neighborhoods, schools, and safety. Use online searches through websites such as zillow.com, realtor.com, homes.com or even one of the local real estate agencies.

3. Contact a Real-Estate Agent Search for a Home - The agent will help you locate exactly what you’re looking for. However, sometimes we may have to compromise our wish list. Make an Offer – Always offer a little less than the asking price unless you know you’re going up against someone else. In that case, it’s sometimes better to go above the asking price if it’s something you really, really want.

4. Obtaining Financing Agreeing to Purchase – Go to a lending institution such as your bank, and request a home loan. The bank and the real estate agent will make sure all of your paperwork is done and in order. Your interest rate will be determined by how good of credit you have. The better the credit, the lower the rate at which you’ll have to pay back, so keep your credit in good standing. Stay away from credit cards.

5. Obtain a Home Inspection The bank will require this before they pass the loan. They don’t want to lend their money out for a bad purchase. A home inspection will be able to tell you if there are any hidden secrets, like old pipes, mold under the house, a leaky bathtub, etc. This is a closer look at the big purchase.

6. Closing the Deal Both parties have agreed on a purchasing price, as well as the lender. A survey of the property is done. The title of the house is redone with the new owner’s name. All papers are signed. A check is given to the sellers in the amount of the purchase price minus any mortgage they had against the property.

Bell Ringer: Get out your study guide. We’ll be going over all of the information today. Your Unit 1 Test will be tomorrow. If you have any questions, ask them today!