CASE 3 (a) Does the home buyer enjoy tax advantages? Explain. Julia Price Contemplates Buying a Home (b) Discuss Maggi's belief that cash flow is better with Julia has been thinking about buying a home. For sevi renting. eral months, she has been watching real estate shows on (c) Suggest some reasons why Michael might consider television and visiting open houses in her community renting rather than purchasing housing. She thinks it is time to take the plunge and buy a much larger home since she can genuinely afford it. She also (d) Suggest some reasons why Maggi might consider thinks that housing prices will rise substantially in the buying rather than renting housing. next five years. She has explored the interest rates cur (e) Is there a clear-cut basis for deciding whether to rently being charged for mortgages and has calculated rent or buy housing? Explain why or why not. the amount of money she can afford to pay given her in come. She is thinking that her next step would be to call CASE 5 a real estate agent and begin looking in earnest. Offer Jeremy Decides to Sell His Home Himself your opinions about her thinking. Jeremy Jorgensen of Lawton, Oklahoma, is concerned about the costs involved in selling his home, so he has If moshan than nova broker