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Hybrid ARM

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Explore the mechanics of hybrid adjustable-rate mortgages, which are a blend of a fixed rate mortgage and an adjustable rate in this video, including how they work and when they might be advantageous.

Material Type: Lesson

Author: Sal Khan

The American Housing Finance System

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The course is intended for people who would like a deeper understanding of the American housing finance system. The focus will be on providing necessary background knowledge rather than on evaluating specific policy proposals.  Near the end of the course, participants will be encouraged to bring up policy issues and to discuss them in light of the information presented.

Material Type: Full Course

Author: Arnold Kling

Real Estate Economics

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This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing economic activities, demographic trends, transportation and local government behavior as they affect real estate.

Material Type: Full Course

Author: Wheaton, William

On the Move: Mortgage Basics

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Buying a home is a major financial decision, and for young people in particular the entire process can seem overwhelming. Learn about mortgages and the steps people can take early in life to prepare themselves financially to buy a home, in this February 2022 issue of Page One Economics: Focus on Finance.

Material Type: Lesson, Reading

Author: Kris Bertelsen

Suggestions You Can Follow When Growing Your Mortgage Lead Management System

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Unify is a comprehensive mortgage CRM software that allows professionals in the mortgage industry to increase efficiency, integrate multiple systems into one easy-to-use platform, and capitalize on sales opportunities like never before. With an in-depth understanding of the unique needs of this industry, we’ve incorporated a host of features to simplify the lives of key players within your business. Increase profitability while eliminating unnecessary data entry with Unify CRM.

Material Type: Activity/Lab

Author: Unify CRM

How to Choose a Neighbourhood to Start a Family

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New homebuyers with aspirations to start a family have a tough task ahead: finding a suitable suburb to move to. Some suburbs in Australia are ostensibly more family-friendly than others. Those who plan on becoming parents soon would have many things to look for. Here are some of the factors you should pay attention to when house hunting for a family place: School Access For most homebuyers planning to have kids, the crucial factor for choosing a neighbourhood boil down to educational facilities. It’s best to research both public and private school options in an area. Choosing a suburb would also be a choice for schools. For example, if you are buying in Victoria, you might want to think about public and private schools Melbourne that the neighbourhood is close to. A suburb with a nationally-ranked private educational institution would be an immensely valuable option, both in terms of access to education as well as house value. There are several ways to research educational options in a neighbourhood. You can either start choosing neighbourhoods based on schools, or the other way around. However, read about the options available in newspapers, real estate agencies, and use recommendations. Don’t limit your choices when researching schools. Parks and Recreational Spaces Kids don’t like to stay indoors all day long. When you have kids, you might want to take them out on picnics, camping trips, or just to enjoy the outdoors once in a while away from the TV. Therefore, choose a neighbourhood with parks and similar recreational facilities like camping grounds nearby. Some greenery is great for adults too. Parks in a neighbourhood is also a sign that the area has high liveability ratings. Restaurants, Cafes and Entertainment Options Kids don’t stay kids forever. As your little ones grow older, they would want places to hang out. Adults too would want entertainment options not limited to the playground. To enjoy suburban life to the fullest, look for areas with facilities like restaurants and cafes at which the family can enjoy time together. You might also want to look at shopping facilities, theme parks, and similar entertainment options too. Ease of Access to Urban Areas Most families require easy access to urban areas, especially for working parents. A suburban with freeway access and public transportation options would offer convenient access to nearby cities and surrounding neighbourhoods. Price Range Finally, it all boils down to affordability. A suburb may have great schools, parks, and restaurants, but there will be little point in attending auctions if you can’t afford the average housing price in the area. You must pragmatically calculate the amount of mortgage your current income can afford before deciding on a house. Some homebuyers may prefer to buy on the expensive side, but too expensive won’t work. Go for a pre-mortgage review with the bank to understand how much you can realistically qualify for with a housing loan. Then start touring suburbs with houses within that particular price range.  In conclusion, look for a suburban area with great schools and high liveability ratings within your personal price range. It won’t be easy, but with the right amount of dedication and research, you will be able to find the perfect suburb to live at.

Material Type: Lesson Plan

Author: Emma Marie

Escrow

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Escrow is a way of holding monies in a third-party account until all of the necessary aspects of a transaction have been carried out. In this video, learn about the role of escrow in real estate transactions, how escrow accounts work, and what an escrow agent is.

Material Type: Lesson

Author: Sal Khan

Legal Aspects of Property and Land Use

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This course is designed to offer an advanced introduction to key legal issues that arise in the area of property and land-use in American law, with a comparative focus on the laws of India and South Africa. The focus of the course is not on law itself, but on the policy implications of various rules, doctrines and practices which are covered in great detail. Legal rules regulating property are among the most fundamental to American, and most other, economies and societies. The main focus is on American property and land use law due to its prominence in international development policy and practice as a model, though substantial comparative legal materials are also introduced from selected non-western countries such as India and South Africa.

Material Type: Full Course

Author: Rajagopal, Balakrishnan

Exploring Homeownership: Rights, Responsibilities, and Qualification

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Students will be able to understand the processes, rights, and responsibilities of renting, leasing, and purchasing a home. Identify key qualification factors for homeownership, including debt-to-income and loan-to-value ratios, and comprehend the roles of professionals in the home-buying process. Class Time Needed: 1 Block Schedule Lesson, 75-90 minutes

Material Type: Lesson Plan

Author: Sam Sotor

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