1. PURCHASING A CONDO vs HOME GROUP 2 Salim Abdo (Organizer) Richard Do (Tech) Jacob Helvie (Organizer) Danielle Rodriguez (Tech) Javier Sarabia (Summarizer) Md. Sarker (Summarizer)

2. Scenario # 1 Ms. Rodriguez Ms. Rodriguez –Age: 24 –Recent Cal Poly Graduate –Mechanical Engineer –$55,000/yr –Single!!! –No Children –Retirement at age 55

3. Scenario # 2 Mr. Sarabia Mr. Sarabia –Age: 35 –High School Teacher –$25,000/yr –Married –4 Children –Retirement at age 70

4. Scenario # 3 Mr. Abdo Mr. Abdo –Age: 50 –Brain Surgeon –$158,000/yr –Married –2 Children –Retirement at age 55

5. Factors to Investigate Buyers Income Buyers Income Resale Value Resale Value Maintenance Maintenance Insurance Insurance Location Location Dependencies Dependencies

6. Resources Internet Internet Real Estate Consultants Real Estate Consultants Personal Experiences Personal Experiences