Buying a home
Storyboard Text
- I'm glad to know that you are interested in purchasing a home. Now before we sign any papers, How much are you going to put for a down payment. as you know, the more you put for a down payment, the less you pay for a mortgage each month. You will also have to pay property tax on this home and you are solely responsible for maintaining the home. Because you are buying this home, once you pay off the mortgage, the home has increased in value. Do you understand?
- Yes sir i understand the importance of home ownership, I will put down 10% of the homes value as a down payment.
- Excellent, now lets get those forms ready.
- No sir, Lets get to the papers. Good thing ill only be here for the season.
- So, you want to rent this apartment huh? well you need to pay the first months rent, a security deposit, and an application fee. When you are living here, you will need to pay for Water, internet, and electricity. Everything else is covered from the rent. When living here, I will maintain the property. You can also leave whenever you want with just a small fee. Any questions?
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