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Comprehension check
Ask learners to do the exercise. Discuss the responses with the whole class.

Talk about it!
Assign learners to groups and ask them to discuss the questions. Have groups report their answers to the class.
Here are some advantages the learners might suggest:

tax advantages, such as mortgage interest deduction when itemizing income taxes

equity

a means for saving money (develops equity in the home)

investment

freedom to decorate as desired

more privacy

Here are some disadvantages the learners might
suggest:

responsible for building maintenance and repairs

cannot move freely (must sell property first)

must pay real estate taxes (but tell students these can be itemized also)

 

Book graphic How to Buy a Home in the United StatesButton: Table of ContentsButton: GlossaryButton: Free Resources

Unit 1 : Lesson 1: This apartment is too small!

Comprehension check printer

Talk about it! printer

Discuss these questions with your classmates. Report your group’s answers to the class.

1. What should Rosa look for in a new neighborhood?

2. Manuel is not sure about buying a home. He doesn’t want to borrow money. What advice can you give him?

3. What are the advantages and disadvantages of homeownership?

 

Advantages of homeownership:

1. ___________________________________________

2. ___________________________________________

3. ___________________________________________

4. ___________________________________________

5. ___________________________________________

6. ___________________________________________

 

Disadvantages of homeownership:

1. ___________________________________________

2. ___________________________________________

3. ___________________________________________

4. ___________________________________________

5. ___________________________________________

6. ___________________________________________

 

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