Buying+a+House

Thursday April 5th


Tuesday April 3 & Wednesday April 4
[|Review questions for test] https://ed.ted.com/on/bUKkyTqz

If Ted Talks isn't working for you, here are the questions as an RTF. If you can, try the TED with Chrome...seems to work the best! 

teach travel day Tuesday Test on Thursday! Lesson: 1. Text book reading pages 94 - 95 & questions 1 - 7 (5.4) Career Focus: Real Estate agent 2. 3. Study for your test on Thursday!

Thursday March 29
Have a Happy Easter weekend!!

Lesson:
Complete the work from the week. If complete, go to task #5 below.

1. Other Costs Associated with buying a Home article & questions

<span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">2. 'Til Debt Do us part video and questions <span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">3. Ted Talks Video clip (Tulip Mania) and the "Think" Questions - please be sure to submit your answers with your name - I will be checking these through my TED lesson. <span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">4. & Video <span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">5. Text book reading pages 94 - 95 & questions 1 - 7 (5.4) Career Focus: Real Estate agent

media type="youtube" key="Eo0rYhl0swU" width="560" height="315"

<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Lesson:
<span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">Complete the work from Monday <span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">1. Other Costs Associated with buying a Home article & questions <span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">2. 'Til Debt Do us part video and questions

<span style="color: #171515; font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">3. Watch the following TED ED video:

You may access the video and lesson through this link: [] and you many need to create a nick name. You may do this with a partner if you choose, but make your nick name just your names. Complete the "Think Questions" after the video. If this link isn't working try this one: [] and you will likely have to log in in order to complete the "Think Questions"./ Again, do this with a partner - you must log in to do this - use the email address: cathy.sowerby@ontario.ca and the password: wrmsmath

This video explains what an economic bubble is by explaining the tulip bubble that happened in the 1600's. All economic bubbles form in the same way - tulip bulb bubbles or housing bubbles. The US experienced a housing bubble in the mid 2000's. Some people think that Ontario is going through a housing bubble right now.

4. <span style="font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">Watch the following video about the US housing bubble: <span style="font-family: "Arial Black",Gadget,sans-serif; font-size: 110%;">

media type="youtube" key="Eo0rYhl0swU" width="560" height="315"

<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Tuesday March 27
<span style="color: #171918; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Many students absent - work period

<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Lesson:
<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Complete & submit the work from last week: <span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">1. Mortgage Calculator questions <span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">2. Other Costs associated with buying a home in Ontario

[]



3. Watch the video "King of the Castle" from Gail Vaz-Oxlade's show "Til Debt Do Us Part" This episode features a young couple, Tara and Adam, living in Southern Ontario. They recently moved in together and make a combined income of $73,00/year. They own a home and have a $300,000 mortgage. Despite having good jobs and no children, they are in some serious debt! Check out the straight-up, blunt, advice Gail gives them as she helps them dig themselves out of their debt and lead them towards a brighter future! Answer the following questions based on the video. There are 10 questions, in order of the information in the video. I have also included some information on the hand-out about their situation.

Video Link: [|'Till Debt Do Us Part]



<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Thursday March 22nd:
<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Lesson: <span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Tasks: <span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">1. Calculating mortgage payments and total interest paid:

Go to the following Mortgage Calculator link and complete the questions in the document "Mortgage Calculator Questions 2018". You may work with your partner to do this: NOTE: The CMHC has changed the rules, you can no longer get an amortization period of 45 years. The maximum is 25 years.

[]



<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">2. Other costs associated with buying a home in Ontario. So, you know your mortgage payments, you're aware of the interest you will pay based on your amortization period, payment frequency and interest rates, so you're good right!?....NOPE! there are sooo many other costs associated with buying a home in Ontario! Read the article linked below and answer the questions...you will be surprised!

[]

<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Wednesday March 21st:
**Lesson:** Complete yesterday's work if you are not already. (Mortgage definitions, Gail Vaz-Oxlade Article & Questions), MLS questions (with a partner) For the Gail Vaz-Oxlade article linked below, answer the following questions (How much Down Questions) []

Remember to do the MLS questions from yesterday (below)


If you are finished all of this, go to the following Mortgage Calculator link and complete the questions in the document "Mortgage Calculator Questions 2018". You may work with your partner to do this: []

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">MLS Questions:

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">1. What is the price of the cheapest house for sale in Brantford?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">2, How many bedrooms does it have?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">3. How many bathrooms does it have?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">4. What “type” of property is it?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Now switch the listings from high to low price.

5. What is the price of the most expensive house for sale in Brantford?

6. How many bedrooms does it have?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">7. How many bathrooms does it have?

Now, do the same search (Questions 1 - 7) for a house in Toronto and a house in you or your partner's home town.

You will be handing these questions in.

**Lesson:**
1. Read and answer questions for the note: Mortgage definitions. These need to be handed in. You may check your answers with a partner once you are finished.

2. Read the article on the following link: [] This is more information about down payments. Gail Vaz-Oxlade is a Canadian financial writer and TV personality. She has a number of books and writes for the Globe and Mail as well as hosts the television show "Til Debt Do Us Part".

3. With a partner, go to the the MLS website from yesterday...<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Go to the following website: []

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">This is realtor.ca also known as MLS (Multiple Listing Service). It is the main website to search for buying properties in Canada. <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">We are going to be exploring this site in this unit.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">When you get to this home page, there are a number of boxes to fill in as search parameters. For now, in the box that asks “Where are you looking?” fill in, “Brantford” and click “Go”.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The site will then take you to a screen that asks you to “Accept the terms and Conditions”, “Agree” to this. <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The next page will have a list of properties that are for sale in Brantford in the left hand margin as well as a map of the city in the middle of the page, with blue dots representing the properties that are for sale in that location.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can switch the way you explore this site by clicking on the boxes in the upper right side, either: map, gallery or list. “Gallery” shows larger photographs of the properties in boxes across the page. “List” has the properties listed down the page. Choose the format that works best for you.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can change your search parameters such as, number of bedrooms or number of bathrooms. For now, leave these blank (all properties will come up).

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can also change the way the properties are listed, for example, listed from lowest price to highest. Choose this option. Answer the following questions:

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">MLS Questions:

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">1. What is the price of the cheapest house for sale in Brantford? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">2, How many bedrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">3. How many bathrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">4. What “type” of property is it?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Now switch the listings from high to low price.

5. What is the price of the most expensive house for sale in Brantford? 6. How many bedrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">7. How many bathrooms does it have?

Now, do the same search (Questions 1 - 7) for a house in Toronto and a house in you or your partner's home town. You will be handing these questions in. Josh & Nader Kyle & Nathan Jenna & Lilly Ashlyn & Jake
 * Partners:**

<span style="color: #348458; font-family: Arial Black,Gadget,sans-serif; font-size: 110%;">Monday March 19th:
//**Brainstorm:**// What are the different types/styles of houses? //**__ Define: __**// Condominium Semi-detached duplex detached bungalow

__**Questions:**__ 1. What kind of dwelling do you live in? 2. Do your parents own it or rent it? 3. List a pro and con for each of the above types of dwellings. 4. List 2 pros and 2 cons for renting then likewise for buying a house. 5. Decide: if you were to buy a house, what type would you want and WHY?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">If you haven't done so already, finish up and submit your St. Paul culminating assignment. This is due first thing tomorrow (Tuesday March 20th)

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">If you are finished the assignment… <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Go to the following website: []

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">This is realtor.ca also known as MLS (Multiple Listing Service). It is the main website to search for buying properties in Canada. <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">We are going to be exploring this site in this unit.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">When you get to this home page, there are a number of boxes to fill in as search parameters. For now, in the box that asks “Where are you looking?” fill in, “Brantford” and click “Go”.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The site will then take you to a screen that asks you to “Accept the terms and Conditions”, “Agree” to this. <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">The next page will have a list of properties that are for sale in Brantford in the left hand margin as well as a map of the city in the middle of the page, with blue dots representing the properties that are for sale in that location.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can switch the way you explore this site by clicking on the boxes in the upper right side, either: map, gallery or list. “Gallery” shows larger photographs of the properties in boxes across the page. “List” has the properties listed down the page. Choose the format that works best for you.

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can change your search parameters such as, number of bedrooms or number of bathrooms. For now, leave these blank (all properties will come up).

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">You can also change the way the properties are listed, for example, listed from lowest price to highest. Choose this option. Answer the following questions:

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">MLS Questions:

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">1. What is the price of the cheapest house for sale in Brantford? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">2, How many bedrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">3. How many bathrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">4. What “type” of property is it?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Now switch the listings from high to low price.

5. What is the price of the most expensive house for sale in Brantford? 6. How many bedrooms does it have? <span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">7. How many bathrooms does it have?

<span style="font-family: Arial,Helvetica,sans-serif; font-size: 110%;">Explore the site – search for houses in your home town or wherever you would like to look.

Thursday Oct 29
Terms Quiz!

Tuesday Oct 27
http://www.cmhc.ca/en/co/buho/buho_014.cfm
 * 1. CMHC Video Clip - Be House Smart! **


 * 2. Finish "Other Costs" Questions from yesterday **

//Selling Privately:// http://propertyguys.com/vacation-rentals
 * 3. Finding a realtor - what are some options? Let's watch some videos...critically! **

// OK, Let's hear from the Realtors: // http://www.howrealtorshelp.ca/buying.php#video-buying-step-1

// Moving Check List: what to do and when to do it! //
 * 4. The Big Move - Pair, Research, Share: **

[]

// Finding a Moving Company - tips on packing and saving money // http://grandrivermoving.com/how-to-save-money-on-moving/

Monday Oct 26
//**Minds-On:**// Personal spending journal CMHC information video clip

//** Lesson: **//
[]

Questions

Friday Oct 23
//**Minds-On:**// Most number of ideas wins a prize! What are some other costs associated with moving (buying or selling a house)?

Lingo Bingo! - first person to identify 5 terms that we have discussed in class wins a prize! So pay attention to the video!

media type="youtube" key="vMgfXmC1djc" width="560" height="315"

Thursday Oct 22
*We are in the library today - the side computers!

[|Mortgage Calculator Link:] //**Try it HW:**// Use the mortgage calculator and the average house price of a Toronto detached to explore mortgages in Toronto.

Wednesday Oct 21
Finish 'Till Debt Do Us Part Questions and hand in! Compare mortgage payments and interest on a $200 000 house with a prime interest rate (2.7%) and 15 year amortization vs 50 year amortization, as a class and discuss.

Monday Oct 19
//**Minds-On:**// Explore some houses in Brantford, Hamilton, Toronto and Chatham with MLS //** Lesson: **//

Real Estate Lingo http://www.hgtv.ca/realestate/article/real-estate-lingo/?guide=homebuyersguide#!/0

LINGO BINGO! Property Virgins Show Link:

Thursday Oct 15
MLS link below http://www.realtor.ca/Residential/index.aspx

Go to the MLS (Realtor.ca) website. Find a house that meets the following criteria (one house for each) and indicate the address and price for each. A house that: a) is under $100 000 b) has been recently listed (since October 1st) c) has 5 bedrooms d) has 4 bathrooms e) is having an open house this weekend