Question
I need assistance in creating a power point. This is the assignment. General Instructions for Learning Activities Include in-text citations and a Reference List for
I need assistance in creating a power point. This is the assignment.
General Instructions for Learning Activities
- Include in-text citations and a Reference List for in-text citations
- Use only assigned materials to complete Learning Activities; do not use internet unless otherwise instructed
- Write in correct, complete sentences, in paragraph format unless otherwise instructed
Background:
PI has decided to purchase a storage facility for its paint supplies, tools and equipment. They have found a suitable facility for sale nearby its retail store and have agreed with the seller to purchase the facility for $1,000,000.00.
The PI owners will need to finance the property via a mortgage loan and have asked BCA for advice.
Pat and Gale have asked you to prepare a Power Point presentation for the PI owners explaining the mortgage process and its potential risks.
Instructions:
Prepare a Power Point presentation addressing PI's concerns about assuming a mortgage for a new storage facility.
The Power Point presentation should:
1.describe the important steps in the mortgage process from initiation of the mortgage to closing
2.describe rights and responsibilities of the mortgagor
3.describe rights and responsibilities of the mortgagee
4.analyze and explain the consequences of default on the part of PI
5.analyze and explain the remedies available to First State if PI defaults on the mortgage
6.analyze and explain at least 3 potential risks and liabilities of assuming such a large mortgage for PI owners and the business
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