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Congratulations on completing lesson three! We appreciate your
participation in this course. Please download the free Homebuying
Checklist to help you remember what you learned.
- Click the
Homebuying
Checklist link.
- Then, click the Print button.
- If you wish to save a copy, right-click the link and select
Save Target As. Then, type a folder location.
Keeping your home will enable you to take advantage of all the
benefits home ownership can provide. This goal requires knowledge
and vigilance.
In this lesson you learned that:
Maintaining a home involves:
- Inspecting the home on a regular basis.
- Attending to items both inside and outside the home that need
work.
- Taking different actions depending on the season of the year.
- Protecting against weather damage and filing an insurance claim
if necessary.
- Removing hazards that could harm property or people.
Avoiding predatory lenders requires being alert to
the:
- Warning signs of fraud such as a request for money in advance
for some benefit promised in the future.
- Methods used in fraud schemes such as telephone, mail and Internet
solicitations.
- Most common types of fraud such as give-aways, trip traps, Internet
auctions and home repair fraud.
- Best ways to work with home repair contractors such as checking
licenses, obtaining estimates, work schedules and building code
requirements in advance.
Avoiding foreclosure requires:
- Notifying your lender of any situation that may cause a delay
in your mortgage payment.
- Working with your lender to find mutually beneficial solutions
to temporary or permanent problems that could cause a foreclosure
action.
You have completed this lesson. If you are ready, you can take
the quiz for this lesson.
To access and print the quiz, click here.
Final Exam
When you have completed all the lesson quizzes, you are ready to take the final exam.
Click here to access and print the final exam.
Review
To enhance your learning, you should now check all your quiz and final exam answers with those in the course review answer key.
Click answer key to access and print the course test answers.
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