Housing

Which of the following are factors that affect a home's value?

(You can choose more than one)

• The commute

• The crime rate

• The neighborhood

• The school district

An independent firm's assessment of the value of the house.

• Escrow

• Term

• Property Taxes

• Appraisal

A deposit made to a seller that represents a good faith to buy a home.

• Term

• Earnest Money

• Escrow

• Down Payment

The length of a mortgage loan.

• Term

• Escrow

• Earnest Money

• Fixed Interest

Interest rate changes periodically. Starts small then fluctuates.

• Gradual Mortgage

• Adjustable Rate Mortgage

• Balloon Payment

• Income Based Mortgage