Katie has decided to move forward with attaining the property from the Week 1 Case Analysis. However, she is not certain how to go about financing the property, either through a short sale offer or if she were to make the purchase at auction. Additionally, she needs to also consider the expenses associated with renovations and how to cover those expenses.

Based on the information provided in the case study page, the material for this module, and your own knowledge and research, address the following areas and questions:

2. Provide a summary of the case. This may serve as your introduction.
4. Outline the alternatives available to Katie for purchasing the property and the costs associated with renovation. List 5 options that could be utilized including a fixed rate mortgage, adjustable rate mortgage and 2-3 other alternatives.
6. Using the time value of money concepts, evaluate your options and review the differences in expenses associated with each funding option.
8. Based on your research, analysis and knowledge, what financing model would you recommend Katie use for this property?
10. What additional thoughts, if any, do you have on this case?
12. Provide a conclusion to your paper.

 

Answer rating: 100% (QA)

Introduction In this case Katie has decided to proceed with acquiring a property and is considering the options for financing the purchase She also needs to account for the costs associated with renov... View the full answer