Choose a piece of real estate (residential, commercial, warehouse, land) using a resource such as…

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1. Choose a piece of real estate (residential, commercial, warehouse, land) using a

resource such as realtor.com, zillow.com, etc. Provide the listing sheet or link.

2. Determine a down payment percentage. A standard down payment is 20%. You

may choose another percentage.

a. Provide a justification for the down payment percentage you choose.

3. Research two different financing options. For example, 15-year. fixed, 30-year.

Fixed, 5-1 ARM, VA loan, etc.

a. Use Excel, or another approved spreadsheet, and create a complete

amortization schedule for the life of both financing options.

4. Compare and contrast the two financing options.

a. Explain any background information and/or further description of loan

types selected.

5. Identify the financing option you would choose.

a. Provide a justification for your financing option selection.

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