This website uses cookies to ensure you have the best experience. Learn more

Research Process Paper

649 words - 3 pages

Importance of the Research ProblemIndividuals often find themselves at place in their lives when they feel ready to purchase a home or property. Acquiring the proper knowledge that is necessary in obtaining a loan is extremely important. Most individuals are not aware that a process must be followed in order to achieve their desired outcome. The most important factor is knowing how much the individual can afford. Depending on one's credit score, income, and current monthly expenses will determine what the individual can afford when looking for real estate.Variables to be testedThree variables exist that this research will test, credit score, income and debt ratio. Individuals need to use their income wisely and be aware of how credit scoring works in order to get out of debt. Credit scoring is a ...view middle of the document...

Therefore, most individuals apply for loans that are 80 to 90 % of the purchase price. The buyer is then required to submit a down payment. If the buyer has a steady income, as well as decent credit, a creditor may decide to finance the client up to 95%. If consumers are made aware of this, they are more apt to save the money necessary to make a down payment.One's debt will greatly influence the size of loan the individual should apply for. Lenders compare monthly income and expenses to qualify for a loan. Lenders focus mainly on the individuals debt- to- income ratio, which is one's total monthly expenses, credit card minimum payments, and other loans and debts acquired over time. Being knowledgeable of one's debt- to-income ratio before applying for loans will allow the consumer to pay off credit cards and other debt to increases their chances of own the home of their dreams.ConclusionHaving a clear understanding of the necessary steps to purchase real estate will allow more individuals to qualify for loans. Meeting real estate requirements will increase an individuals chances of gaining the mortgage rates desired. By acquiring the proper knowledge at the appropriate time, individuals will be able to improve their credit score, use their income wisely and pay off debt to receive the loan best suited for them.Further data on this research process will consist of literature review, design sampling ,data collection, and data analysis with descriptive statistics.ReferencesBlack, Ken.(2009). Is credit scoring important in your life?. . Retrieved January 30, 2009, from http://www.streetdirectory.com/travel_guide/152805/debts_loans/is_credit_scoring_important_in_your_life_.html(1999-2008). Income vs debt when buying a home. Retrieved January 31, 2009, from http://www.ehow.com/video_2202104_income-vs-debt-buying-house.htmlMatching assignment1.f2.e3.j4.i5.a6.k7.h8.c9.d10.l11.g12.b

Find Another Essay On Research Process Paper

Business Project Research Process Essay

2534 words - 10 pages you identify any specific standard requirements.Writing a project that is accessible and reads well requires skill. The writing process often takes more time than people think (Green and Thorogood 2004). Don't leave the writing up until the last few weeks before hand-in: instead, start writing as soon as possible. Much of the literature search can commence as the research proposal is prepared, and the literature review chapter is perhaps one of

Legal Process Explanation Paper

1105 words - 4 pages The discrimination process and civil litigation processes are designed to protect not only the employee but the employer from unwanted and unacceptable behaviors. This paper will explain the discrimination complaint and civil litigation process.This paper begins with an employee wishing to file a compliant against his employer for discrimination. Discrimination is defined as the act of "prejudicial outlook, action or treatment" (MW [MW], 2006

Legal Process Paper

1039 words - 4 pages Legal Process PaperJohn Doe is an employee in a private sector organization and wishes to file a discrimination complaint against his employer. This paper will explain the discrimination complaint, civil litigation processes, and how the complaint begins with the Equal Employment Opportunity Commission (EEOC). This paper will also outline the procedures through which the civil litigation process from the state level up to the United States

Nursing Process Change Paper

2002 words - 8 pages process is the paper trail, despite technological advancement in the medical field, VASNHS still utilize hard copies when it comes to surgical time request. The buck slip sometime gets lost during the transition from one department to another. Maintaining a designated pre-operative management department costs additional expenditures to the facility’s budget. The current system benefits the specialty surgical department itself because the current

The Research and Development Process

5062 words - 20 pages The Research and Development Process Manufacturing companies' Research and Development (R & D) groups significantly contribute to United States' fast-paced industrial technology development. They promote industrial growth, and enhance the social well-being of the people. Normally, companies, especially those with enough resources, accept research contracts from the government and the private-sector to undertake the

Reengineering Process

1452 words - 6 pages The race for securing dominance in the global market is heavily affecting the major agricultural, construction, and turf care companies such as Deere & Company. In an effort to leverage resources and institute cost-saving measures, John Deere released approximately 800 salaried employees and revised its organizational structure. There are several interventions that can be applied to structural design. This paper will examine the interrelated

Applying the Background and Methodology of the Research Process

915 words - 4 pages grades 1, 4, 7, and 10. The children were screened for mass body index and the screening process lasted for close to one year. The reports were kept at the Massachusetts Department of Public Health (Eagle et al., 2012, p. 837). The researchers relied on the reports, which they analyzed to obtain the relevant information for answering the research question. There are a number of issues in health care that require to be looked into in a prompt manner

Research Process

984 words - 4 pages Consistency in research is varied, but in general, a decent research report will include several common elements in a similar order. Plano Clark and Creswell (2010) provide a chart of the research process that they provide seven steps for. The course assignment asks that five major sections common to most reports be assigned to the steps in the research process. The opening paragraphs will likely appear in the first step where an introduction of

Research Process

1488 words - 6 pages baseball organizations become the leaders in their league.The most significant question that will be answered by this research is if the annual salaries paid to players; based on their ability to win the game or the number of games a major league baseball team can win each season. Certainly there is something that motivates owners of baseball teams that is ultimately mysterious. One could wonder if the owner prefers a winning team; if an "A" team list

The Writing Process

497 words - 2 pages supporting information. Creditable sources also have a good foundation for supporting the research. When a reader is reading a written work, he is taken on a journey, but this is only accomplished with good organization and a clear train of thought.The next step is the actual writing, to put the ideas on paper. The writer should write without stopping to correct grammar or look up a fact. It is easier to go back and delete ideas than to write

In-hospital stroke process

1781 words - 8 pages -time feedback (Cumbler et al, 2012) Since the organization already has a RRT in place and education is consistently being conducted with caregivers it made sense to focus on the process itself. However, future education may be conducted differently based on research for this paper. The current process has the team placing a call to the attending physician and if they were not responding then the nurse calls a hospitalist. A neurologist is not

Similar Essays

Research Process Paper

1289 words - 5 pages Research Process Paper PAGE \* MERGEFORMAT 1 Running head: RESEARCH PROCESS PAPERResearch Process PaperDawn SpenceUniversity of PhoenixRES / 341: Research and Evaluation 1Dr. Michael ThirtleAugust 18, 2008Many individuals seeking to obtain a higher education would like to know if it will benefit them financially in the years to follow. Students choose to attend college or trade schools for many different reasons. One of the greatest reasons

Research Process Paper: Baseball Era/ Team Paper Res341 With Instructor Notes

1300 words - 5 pages Research Process Paper: Baseball ERAAs per the specifications of this first assignment the members of Team A have collaborated to identify a research problem using the Major League Baseball data sets provided in the University of Phoenix eResource page. The purpose of this paper is for Team A to: 1) explain the purpose of the research by describing the selected research problem and explaining why the research problem is important, 2) provide a

"The Road To Recovery" Process Analysis Research Paper About 'how To Recover From A Traumatic Brain Injury'

1977 words - 8 pages ://www.bisociety.org/physiatry.cfm)National Institute of Neurological Disorders and Stroke "Traumatic Brain Injury: HopeThrough Research," NINDS. February 2002. NIH Publication No. 02-2478(http://www.ninds.nih.gov/disorders/tbi/detail_tbi.htm#80333218)Rehabilitation Institute of Chicago-Brain Injury Team. L.I.F.E. Center: "Brain Injury: AnOverview - The Recovery Process". Copyright 2002 Rehabilitation Institute of Chicago. (http://lifecenter.ric.org/content/2162/index.html?topic=1&subtopic=271)Sebold, Catherine, Brain Injury Association of America "Fact Sheet: Traumatic BrainInjury" Family Caregiver Alliance Copyright September 2003.(http://www.caregiver.org/)

Process Essay

3451 words - 14 pages of several (Lineo, ecos, Lynx Bluecat etc.) new RTOS derivatives of the Linux operating system. We refer to the POSIX standard extensively in this paper. The POSIX stan- dards related to real-time OS's (already ratified) consist of: 1003.1 for OS, process, filesystem and device API, 1003.2 for utilities, 1003.1b for real-time, and 1003.1c for threads. POSIX 1003.1d, which defines additional real-time exten- sions is not yet ratified. The rest of