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Classes

BUS 107 Personal Real Estate • 1 Cr.

Description:

Part of a series of courses that present core components of personal finance applicable to individuals and financial service workers. Covers the single-family house and mortgage market. Students review the home buying and mortgage application process.

Outcomes:

After completing this class, students should be able to:

  • Evaluate case study between buying and renting including investment and tax benefits (1,2,3)
  • Articulate rights in the home buying process (7)
  • Review home buying programs (7)
  • Articulate steps in the home buying process and risks in each step (7)
  • Financial evaluation of various mortages (fixed rates, APR, variable rates, interest only, terms, points, etc. ) (5,6)
  • Calculate the effect of brokers’ fees, title insurance, inspections and lawyers fees on a home purchase (2, 3, 7)
  • Evaluate the effect of interest rates on mortgages (4,5)
  • Evaluate home equity loans and the risks of refinancing (5,6)
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Contact info

Bellevue College
3000 Landerholm Circle SE Bellevue, WA 98007-6484 U.S.A.
Work: (425) 564-1000