Introduction

Selecting a Lender

Mortgages

Types of Mortgages

Mechanics of Mortgages

Discount Fees

Note Rate Versus Annual Percentage Rate

Buying Versus Renting

Real Estate Purchase Agreement

Escrow

Names and Addresses of Buyer(s) and Seller(s)

Description of the Home

Financing

Property Taxes

Hazard Insurance

Appraisal

Title Insurance

Private Mortgage Insurance

Title Defects

Inspection of Home Condition

Home Condition Options

Condominium or Townhouse

Retrofit

Smoke Detectors

Pest Control

The Note

The Deed of Trust

The Deed

Vesting and Manner of Taking Title

Closing Costs

Disputes or Claims and Arbitration

Closing

Closing Statement

Legal Representation

Mortgage Broker

Income Taxes

Capital Gains

Looking For a Home

Types of Housing Structures

Neighborhood and Real Estate Broker

For Sale By Owner

Schedules

Of Amortization Payments at 7.5% Fixed Interest Rate

Of Amortization Payments at 8% Fixed Interest Rate

Of Amortization Payments Based on the COFI Index

Of Amortization Payments Based on the USTBS Index (Problem)

Of Amortization Payments Based on the USTBS Index (Solution)

Of Installment to Amortize $1