Buying a House

Students learn about buying a house including reasons, financing, and the costs and benefits. Teaching Objectives: Discuss the reasons that people buy.  Explain the elements of a mortgage (e.g., down payment, escrow account, due date, late feeds and amortization table).  Explore the different types of lenders and housing loans.  Recognize other costs associated with homeownership, … Continue reading Buying a House

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Renting an Apartment – Costs and Benefits

Students learn about renting and apartment including the costs and benefits. Teaching Objectives: Discuss the reasons that people rent. Explain the elements of a standard lease agreement. Recognize other costs involved in leasing an apartment or house, such as deposits, late fees, and utilities. Evaluate the cost and benefits of renting. Standard 10: The student … Continue reading Renting an Apartment – Costs and Benefits

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Housing Alternatives

Students learn about different types of housing. Teaching Objectives: Identify various housing alternatives. Determine local housing options, both renting and buying. Standard 10: The student will explain and compare the responsibilities of renting versus buying a home. Suggested Grade Level 7th – 12th Grade Lesson Excerpt: One of the most significant financial decisions people make … Continue reading Housing Alternatives

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