Search the Internet for the multiple listings in your area. If you cannot gain access without a subscription, go to the web site of a large real estate agency that operates in your area. Create a bulleted list of the types of information supplied in the house listings. Look at the listings for several houses in your neighborhood. Write a brief summary of the kinds of houses available near you, including their price range, house styles, internal features, and acreage.

Obtain the home mortgage rates from a local bank, savings and Joan association, credit union, and online lender. Compare these rates and other Joan terms such as the down payment, Joan costs, points, and Joan length. Compare the types of Joans offered as well. Determine which lender makes the best financing offers.

Match the terms with the definitions. Some terms may not be used.

__ A fee charged by a lender to process the loan papers

a. appraised value

b. assessed value

c. closing costs

d. conventional Joan

e. discount points

f. equity

g. escrow account

h. FHA Joan

i. loan origination fee

j. market value

k. trust deed

With your instructor's permission, visit a title insurance company in your area and ask people there what they do, how they gather information, and how they are able to insure titles. Briefly summarize your notes in one page or Jess.

Use the internet to research Sweet Grass Gardens and Six Nations’ initiatives. Sweet Grass Gardens specializes in growing native plant species. In what ways are native plants particularly significant for Six Nations people? How many species does the nursery grow?

Describe whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning. Auto policy A has $\$ 30,000$ worth of collision insurance with an annual premium of $\$ 400$. Auto policy B has $\$ 25,000$ worth of collision insurance with an annual premium of $\$ 300$. Clearly, policy B is the better policy.

Explain what is meant by a title search. Why is it important? Explain how homeowners as well as mortgage lenders are protected by title insurance.

Match the terms with the definitions. Some terms may not be used.

__ The highest price that the property will bring on the market

a. appraised value

b. assessed value

c. closing costs

d. conventional Joan

e. discount points

f. equity

g. escrow account

h. FHA Joan

i. loan origination fee

j. market value

k. trust deed

Match the terms with the definitions.

__ Legally established ownership to property

a. adjustable-rate mortgage (ARM)

b. counteroffer

c. deed

d. earnest-money offer

e. fixed-rate mortgage

f. lien

g. title

h. title insurance

Because of the complexities of real estate transactions, it is often wise to engage the services of a professional real estate agent. Find out through research or an interview with one or more real estate agents at least five services that a professional can provide when you are buying a home.

Match the terms with the definitions.

__ A rejection of an offer with a listing of what terms would be acceptable

a. adjustable-rate mortgage (ARM)

b. counteroffer

c. deed

d. earnest-money offer

e. fixed-rate mortgage

f. lien

g. title

h. title insurance

Match the terms with the definitions. Some terms may not be used.

__ A government-sponsored loan that carries mortgage insurance

a. appraised value

b. assessed value

c. closing costs

d. conventional Joan

e. discount points

f. equity

g. escrow account

h. FHA Joan

i. loan origination fee

j. market value

k. trust deed

Match the terms with the definitions. Some terms may not be used.

__ Home value determined by examining the structure, size, features, and quality as compared to similar homes

a. appraised value

b. assessed value

c. closing costs

d. conventional Joan

e. discount points

f. equity

g. escrow account

h. FHA Joan

i. loan origination fee

j. market value

k. trust deed

Match the terms with the definitions.

__ A financial claim against property

a. adjustable-rate mortgage (ARM)

b. counteroffer

c. deed

d. earnest-money offer

e. fixed-rate mortgage

f. lien

g. title

h. title insurance