“Criticizing another’s garden doesn’t keep the weeds out of our own” Chapter 3 Concepts of Home Ownership.

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Presentation transcript:

“Criticizing another’s garden doesn’t keep the weeds out of our own” Chapter 3 Concepts of Home Ownership

Modern Real Estate Practice 17th Edition Types of Housing ê Apartment Complex ê Condominium ê Cooperative ê Planned Unit Development (PUD) ê Retirement Community

Modern Real Estate Practice 17th Edition Types of Housing ê Highrise Development ê Converted-use Property ê Manufactured Housing ê Modular Homes ê Time-share

Modern Real Estate Practice 17th Edition Housing Affordability ê Mortgage Terms ê Ownership Expenses and Ability to Pay ê Investment Considerations ê Tax Benefits

Modern Real Estate Practice 17th Edition Homeowner’s Insurance ê Coverage and Claims ê Basic vs. Broad-form Policies ê Liability ê Coinsurance Clause ê National Flood Insurance Program

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