BUSN 380 DEVRY ENTIRE COURSE

Your Assignment
You will first need to research the housing market and compare the values of two similar homes in two
different areas. The two homes must be extremely similar in structure size, land size, year built, and
additions such as swimming pools or barns. Then, based upon your findings, you will select one of the
homes to purchase, calculate a monthly payment on the mortgage note, compare this information with
what you can potentially afford, and address additional questions related to home ownership.
KEY PLAYERS
.1em; font-weight: normal;”> ScenarioYour RoleKey PlayersAssignmentYou Decide
Scenario
After a number of years of planning, you have made the decision to evaluate the potential purchase of a
home. The goal of the assignment is to compare two homes based upon on demographics, and to also
analyze a number of additional factors related to the home buying process and ongoing possession.
Your Role
You will first need to research the housing market and compare the values of two similar homes in two
different areas. The two homes must be extremely similar in structure size, land size, year built, and
additions like a swimming pool or a barn. Then, based upon your findings, you will select one of the
homes to purchase, calculate a monthly payment on the mortgage note, compare this information with
what you can potentially afford, and address additional questions related to home ownership.
Key Players
Michael JosephReal Estate AgentBethany SmithMortgage LenderTimothy BaxterCurrent
Homeowner/Seller Mary ThompsonCondominium Association, President
Assignment
Given the scenario, your role and the information provided by the key players involved, it is time for you to
make a decision.
If you are finished reviewing this scenario, close this window and return to this week’s You Decide item, in
your course window, to complete the activity for this scenario.
You can return and review this scenario again at any time.
YOU DECIDE Activity or Assignment