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Part I: Select a piece of real estate (residential, commercial, warehouse, land), any number of resources can be used (www.realtor.com is one option). You will

Part I: Select a piece of real estate (residential, commercial, warehouse, land), any number of resources can be used (www.realtor.com is one option). You will need to include a listing sheet/link with your submitted assignment.

Part II: Determine a down payment. (a standard down payment is 20%, however you may offer justification for any amount/percent you choose)

Part III: Research 2 different financing options Part IV: Use Excel (or other approved spread sheet) to create a complete amortization schedule for the lif of both financing options. Part V: Write an analysis that compares and contrasts the two financing options in detail. Be specific. Include justifications for selecting an option.

A real estate listing sheet

_____ / 5

A description, explanation, or calculation of the down payment for the property

_____ / 5

A description of the two financing options/products being compared

_____ / 5

A "hand-made" Excel spread sheet containing side by side amortization schedules

_____ / 15

Written analysis (20 points total)

- Explanation of any background information and/or further description of loan types selected

_____ / 5

- Analysis of the similarities and differences in the amortization schedules

_____ / 5

- Justification for selection of either option

_____ / 5

- Use of proper grammar, spelling, sentence structure and paragraph structure

_____ / 5

TOTAL

_____ / 50

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