Reference no: EM131594743

1. Two nearly identical houses in different locations may have substantially different prices. What factors affect those divergent prices?

2. The ability to deduct property taxes and mortgage interest on your federal income tax is often cited as an advantage to homeowners, but not renters. Do you agree? Why?

3. Explain what personal circumstances (age, career, etc.) affect your decision whether to rent or buy.

4. If you are traveling out of town for business or pleasure, what sources of information would you use to plan your trip?

5. On the internet, KBB (Kelly Blue Book) and Edmunds provide information on prices for new and used cars. If you are trading in your old car, you should have a good idea of its value. If the new car dealer does not offer a good price for your trade-in, you could consider selling your car to CarMax.

6. On the internet, there are a variety of sources such as Home Advisor and Angie's List which can provide recommended contractors. Also, there is a neighborhood chat board called Next Door that can be used to solicit recommendations from your neighbors.