PF 6.03 Review

John has not paid his rent in the last three months. He receives a legal notice on his door to move out. What type of document did he receive?

The Doe’s enrolled their child in a quality day care, but their house payment is so high, they have only a little extra money to work with. Which disadvantage of buying is this?

The Nasons met with the banker, home-owner, and realtor to pay all costs, sign documents, and obtain ownership. Which step in purchasing a home is this?

Tara’s grandma, who uses a walker, is moving into a smaller apartment to make home maintenance easier. Which housing want or need should she consider when selecting housing?

John read carefully when rent was due, the penalty for late payment, and the conditions of renting the apartment before signing. What type of document is this?

Cal Vance, who served twenty years of military duty, obtained a loan to buy a new home with no down payment required. Which type of mortgage or special loan is this?

The Nelsons put $4,000 in a special bank account to be held in trust until time to pay taxes and insurance for their new home. Which cost of buying a home is this?

The Smiths are a busy, dual-career family with 3 children. They decide to rent a home for a 2-year in a new town. Which advantage of renting is this?

Match it! Select the correct answer from the pull down...Good luck!