Maria can buy Car A, brand new, for $450/mo for a 4 year loan, or she can lease the same car for $395/mo for 3 years. Help Maria decide which option is best. 1. What will Maria's payments be in year 4 if she chooses each option? BUY LEASE

Q: Why is a home a good inflation hedge

A: Inflation is a stage or condition in which the price is rising and the value of money is decreasing.…

Q: How can mechanics’ liens achieve priority over first mortgages that were recorded prior to the…

A: Mechanic’s liens get the priority over the first mortgages when they depend on the state recording…

Q: Describe some of the motives and mistakes made by the home buyers?

A: Motives of the home buyers: A general motive of the home buyers is the need of ownership of a…

Q: What source of foreclosure leads comes with a built-in sense of trust and credibility with the…

A: SOLUTION-   FORECLOSURE  IS THE ACT OF A LENDER , ESPECIALLY A MORTGAGE LENDER , TAKING THE…

Q: Pros and cons of long-term care insurance.   Discuss the pros and cons of long-term-care insurance.…

A: Long term care insurance: Long term care insurance means  an insurance that pays those costs that…

Q: Discusses various alternative real estate financing and investment vehicles?

A: Note this is exclusive question we can’t count or limit number of strategy. I will try to explain…

Q: Appraiser John is evaluating a 1,200-square-foot log cabin, whose owner is refinancing. He…

A: Total square foot = 1,200 Cost of replacement = $80 Depreciation = 20%  Value of land = $48,000

Q: Borrowers should be aware of which general qualifications?

A: Borrowers should be aware of the following points while borrowing the amount: Borrowers should be…

Q: What are the basic factors that should be considered when establishing anindividual retirement plan?

A: A plan according to which an employer contributes some amount in the pool of funds that is kept…

Q: What factors should be considered in determining the issue price of a debenture ?

A: Debentures are the long term debt issued to pursue a new project. Interest paid in debentures are…

Q: Is leasing good for individuals? Why or Why not?

A: The answer for the theory question on leasing is discussed hereunder : A lease is a contractual…

Q: What are some of the possible consequences should a home owner allow the policy to lapse?

A: If the policyholder of the property insurance fails to make multiple payments, then the homeowners…

Q: What type of property insurance would cover injury to a repairperson on your property?  A.…

A: Given, A. Meaning of additional living expenses coverage,  It is a important part of the maximum…

Q: What are the key differences between real estate property types? How do these differences affect the…

A: Real estate property types refer to the various types of land and buildings that are available for…

Q: What is the rule concerning contingent fees for a covered member?

A:

Q: What is private mortgage insurance?  How does it work to protect a lender from risk?   What are the…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Explain Due Diligence in Real Estate Investment Risk Analysis?

A: Real estate investing: Real estate investing is defined as the acquisition of property as an…

Q: What are some of the physical considerations that a developer should be concerned with when…

A: Purchasing real estate like land requires huge capital expenditure, so the investor always takes…

Q: The document a lender gives a borrower detailing the actual costs of a loan is called     a…

A: A truth in lending disclosure is an agreement where there are some important disclosure made by the…

Q: what is the terminology for the lowest price listed on a stock market exchange at which an investor…

A: Stock price represents the worth of the stock. The market price, buyer price, ask price, and bid…

Q: What is Social Security and what are some of the benefits/advantages? There are different types of…

A: Social Security is a government program in the United States that provides financial assistance to…

Q: What does the affordable care act do for those not insured?

A: Affordable Care Act is a comprehensive healthcare reform which has been introduced from March, 2010,…

Q: What does Lender Requirements in Financing Land Development?

A: The question is based on the concept of lend development loan provided by financial institution.…

Q: What is the Social Contract – its pros and cons

A: The social contract approach to industry refers back to the technique a organization chooses when it…

Q: Give some examples of an insurable interest and explain why they are insurable.

A: Introduction: Insurable interest is nothing but an interest in the subject of an insurance policy…

Q: The standard homeowners policy contains both property and liability coverages.    True or False

A: The standard homeowners policy can be defined as the contract between insurer and the insured where,…

Q: Why are common sized financial statements useful? How do they differ from traditional financial…

A: The question is based on the concept of financial statement analysis , common sized or vertical…

Q: What examples can be used for the client on the advantages of the accrual method?

A: Accrual basis accounting recognizes business revenue and matching expenses when they are…

Leasing

Leasing is a contractual arrangement in which someone (a lessee) pays the owner (or lessor) of a building, land, vehicle, or other asset for the use of that asset. The lease is the agreement between lessee and lessor.