Our Agents Here Tonight
|
|
- Moses Clarke
- 5 years ago
- Views:
Transcription
1 Our Agents Here Tonight Dorcas Bean Coordinator West Seattle Allie Howard Team Lead Downtown, Capitol Hill, Madrona Febe Cude Team Lead Northeast Seattle, Mercer Island Robin McCue Agent Green Lake, Greenwood, Ballard
2 Redfin s Home-Buying Class Seattle, WA June 8, 2010
3 Agenda Intro to Redfin 6:00 7:00 Market Conditions When to Buy & Why The Market: what s going on? Searching for a home Mortgages Break: 7:00 7:30 Home Buying Process 7:30 8:15 Touring & Finding an Agent Making an Offer Closing the Deal Short-sales & Foreclosures 8:15 8:30 General Q & A 8:30 9:00
4 What Redfin Is All About Redfin is a real estate brokerage that focuses on customer-service and technology to make buying and selling homes better for consumers. The Most Trusted Service Customer focus: client-satisfaction bonuses, not commissions Transparency: public reviews No obligation: sign up online, it s easy to tour The Best Results Service: 97% would recommend us to a friend Lower fees: $7,500
5 To Buy or Not to Buy?
6 Why Buy a Home? You ve got a family, and need room to grow You want deep roots You want creative control You want a type of property that is difficult to rent You re handy, and ready to invest your time You ve saved up a down payment You want the tax savings You ve got an anaconda, a dog, a boat, a camper
7 Why You Shouldn t Buy a Home You don t have a good reason Family Schools You can t afford a 10% - 20% down payment You can rent for much less You plan on moving soon Three years minimum Seven years is ideal You re worried about job security Renting allows you to move where jobs are Renting allows you to down-size more easily The most common real estate mistake is viewing a house first as a financial investment and only second as a home. New York Times
8 Market Conditions
9 Case-Shiller: Seattle v. 20-City Case-Shiller: Seattle Area -3.6% year-over-year Maximum: July % from maximum March 2005 price levels Case-Shiller: 20-City Composite -0.5% year-over-year Maximum: July % from maximum July 2003 price levels Seattle Area 20-City Composite
10 May King Co. Median Sold Price: $347,520 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100, % Y-o-Y change +1.3% M o-m change $50,000 $0
11 May King Co. # of Homes Sold: 2,506 3,000 2,500 2,000 1,500 1, % Y-o-Y change +5.7% M-o-M change 0
12 May King Co. # of Listings: 15,180 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4, % Y-o-Y change +2.4% M-o-M change 2,000 -
13 May King Co. Months of Supply: % Y-o-Y change -3.1% M-o-M change : it would take 6.1 months to sell all the inventory if there were no new listings : 8.4 months of supply 0.00
14 Seattle-Area Foreclosures Area Foreclosures Average Price % of Homes Seattle 2,725 $284, % Bellevue 459 $497, % Redmond 156 $318, % King County 8,234 $313, % Snohomish County 4,391 $254, % Nationally 2,110,860 $173, % Data source: numbers represent the number of foreclosed homes currently on the market.
15 What s Most Likely to Happen? Why home prices could decline another 10% Unemployment breaks into double digits Foreclosures impact appraisals Rapid rise in interest rates Why home prices won t decline 10% Interest rates remain very low Foreclosures released on market in controlled manner
16 How to Search for a Home
17 Why Redfin s Search is Better All the homes for sale: 30% more listings You see what the agent sees: 4x the data Real-time market data: photos, details of just-sold homes
18 Searching on Redfin Find open houses Search recent sales Exclude short sales
19 Doing the Research Yourself Get alerts See neighborhood/ city trends & school info Download to Excel
20 Finding Redfin s Forums
21 Mortgages: What Can You Afford?
22 You Need a Loan More importantly, you ll need to find someone willing to lend you money. Assuming you ve got good credit (>740), and can come up with a decent down payment (10-20%), we ll go over the standard loan process.
23 Organize Your Assets Get ready for the down payment Cash accounts (liquid funds) 401(k), stocks, other investments Gift funds? (Max. allowed varies) Move funds around before you start shopping
24 Review Your Debt Pull credit report, look for errors Figure out how much monthly income goes towards paying off debt: 28 33% healthy Pay down balances to 1/3 rd of credit available Don t open any new lines of credit Don t buy any big ticket items Co-borrower will need to do the same
25 Get Pre-Approved Establishes your price ranges & shows you re serious Information needed: W-2, two pay-stubs, tax returns (get them ready), bank statements Time required: 30 minutes Duration: 90 days, depending on lender Ask for a few different amounts Redfin asks that you get pre-approved before your third tour
26 Local Recommended Lenders
27 Get Paperwork Ready Gather documentation (you & co-borrower) Last two paystubs Last two years W-2s (tax returns if selfemployed) Bank statements (last 60 days) Copy of driver s license Employer information Residence history PDF everything so you re prepared, avoid delays
28 Start Shopping for Loans Banks & credit unions: Mainstream loans (20% Conventional, FHA) Brokers: More options, rate shopping ( niche loans) Mortgage bankers: Lend their own money (flexibility)
29 Comparing GFE Results Gather Good Faith Estimates (loan quotes) A minimum of three, more is better Compare similar loans Program (FHA, conventional) Timeframe (same day) Compare costs side-by-side Discount & origination points Interest rates Insurance premiums (FHA, PMI) APR (interest rates + fees + points + PMI)
30 Make Your Decision When possible, get a loan commitment Lock your interest rate (30-60 days) Make alternative funds liquid (401(k), stock) Good news! Loan payments are made in arrears, so your first loan payment won t be for two months. You ll have one month of no payments.
31 May 30 Yr-Fixed Rate: 4.89% 8.00% 7.00% 6.00% 5.00% 4.00% 30-Yr Fixed 3.00% 2.00% 1.00% National Average 30-Year Fixed-Rate Mortgage: +1% Y-o-Y change -4% M-o-M change Average May rate: 4.89% 0.00% Jun-07 Nov-07 Apr-08 Sep-08 Feb-09 Jul-09 Dec-09 May-10
32 Current Average Rates Type of Loan May 27, 2010 June 3, Year Fixed 4.78% 4.79% 15-Year Fixed 4.21% 4.20% 5/1 ARM 3.97% 3.94% 1-Year ARM 3.95% 3.95% Source: Freddie Mac
33 Redfin Home Buying Guide Currently in development First section: mortgages, pre-approval, lenders Looking for feedback from real home shoppers Check the box on the sign-in sheet We you a copy you send feedback to our writer Thanks!
34 20 Minute Break Eat, drink & talk real estate. Up Next... Working with Redfin 7:30 7:45 Making an Offer 7:45 8:15 Short Sales & Foreclosures 8:15 8:30 General Q&A 8:30 9:00
35 Working with Redfin
36 Working With Redfin is Different See all our agents deals & reviews We survey everyone who tours, signs an offer, buys or sells a home Satisfaction measured by a Net Promoter Score Our agents focus on service, not sales No obligation Switch Redfin agents Use another brokerage entirely You get up to 50% commission refund
37 How Commissions Work Example: You buy a home for $500,000 Traditional Agents Commission Seller s Agent (3%) $15,000 Buyer s Agent (3%) $15,000 Redfin Agents Commission Seller s Agent (3%) $15,000 Redfin (1.5%) $7,500 Redfin Buyer (1.5%) $7,500 Redfin refunds 50% of the buyer s agent commission Applied to closing costs Remainder paid as a check within 10 days of closing Refund is tax-free Minimum Redfin fee: $5,500
38 How Touring Works See as many homes as you need Up to six homes per tour in two hour blocks Led by field agent Get advice from an agent first Or just tour without talking to anyone first No commitment See a home through Redfin Buy through another agent if you choose Get pre-approved Redfin can connect you with a lender (no kickbacks) Start shopping for loans
39 Find a Home to Tour
40 Schedule a Tour or Add More Homes
41 Fill Out Some Basics
42 You re All Set!
43 Finding a Redfin Agent
44 How to Find Our Agents
45 Pick Your Area to Find Local Redfin Agents
46 Select an Agent
47 Make Sure She s a Good Fit See all deals & reviews Team members & roles
48 What to Ask any Agent Is this your full-time job? Familiar with foreclosures or short-sales? Where were your last five deals? Who else will be working with me? Will you show me all properties for sale? When am I committed to working with you? Has a client ever filed a complaint? How are you paid?
49 Making an Offer & Closing the Deal
50 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
51 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase: Finding a Home Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
52 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase: Making an Offer Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
53 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase: Contingencies Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
54 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase: Closing the Deal Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
55 Tour homes Find dream home Consult with agent, write offer Submit offer to listing agent Negotiations Overview of a Purchase: Take Ownership Success! Mutual Acceptance Earnest money [Within 3 days] Inspection contingency [5-10 days] Title review [5 days] Financing contingency [20-25 days] Waiting for loan approval Escrow signing appointment Closing! Get keys and take possession! Receive Redfin refund Complete Redfin survey
56 Short-Sales & Bank Owned Properties
57 What is a Short Sale? A home where the owner owes more on the mortgage than the home is worth Usually pre-foreclosure, but not always Listed for less than what s owed to the bank. Requires 1-2 banks approval (usually 2) May have other liens (taxes, utilities, HOA) on the home Hardship Package paperwork between seller and their bank, getting pre-approval for short sale before taking an offer
58 Redfin Can Help You With A Short Sale Tour short sales with Redfin If you want to buy, Redfin refers you to a short sale partner agent Redfin partner agents work for other brokerages but share Redfin s commitment to customer service Get a 15% commission rebate
59 What is a Bank-Owned Property? Auction fails Bank owns, markets property via broker, MLS Standard sale but: Verbal negotiations Long response times Repairs unlikely Legal addenda may require an attorney Limited or no disclosures Also known as Real Estate Owned (REO)
60 Bank-Owned Quirkiness Homes often winterized (can t test utilities) Banks demand use of their own contracts Often takes weeks to get signed contract Bank can back out any time until they ve signed Contract often requires early release of earnest money
61 Cut to the Chase: Where s the Best Deal? Bank-owned & short-sales myth Always the best deal? Banks are stingy Not a fire sale Your best bet for a good deal: Sellers who own their home outright Sellers who are relocating Estate Sales Short Sales with hardship packages
62 So What Now Make sure it s the right time to buy Research market pricing conditions Get pre-approved & start shopping for mortgages Search for homes & get out on tours Find the right agent Make an offer & close the deal
63 Help Us Improve Our Class Please fill out the survey we ll send tomorrow along with the slide deck. We d love to get your feedback on how the class could improve. If you d like to get in touch with an agent, just chat with us now or contact us on Redfin.com.
64 Appendix: Glossary of common real estate terms Important forms/contracts Mortgage Types & Programs Favorite Real Estate Resources
65 Common Real Estate Jargon Contingency: Conditions included with an offer on a home that must be fulfilled before the deal can close. If a buyer or seller is unable to satisfy a contingency, then the offer on a home may become void. Deed: A legal document filed with the county that documents the transfer of home ownership. This is a document the buyer signs when her deal closes and she'll receive a copy once the original is recorded by the county. Earnest Money: The money buyers pay one to three business days after agreeing with the seller on a price for the home to show that they're serious about the offer. Usually 1 3% of the purchase price (though sometimes it's a fixed amount), the money is deposited into an escrow account via a cashier's check or money order. Escrow: A neutral third party or attorney that handles the exchange of money and documents once mutual acceptance is reached on an offer. Escrow handles the transfer of the buyer's loan documents and property taxes and works with a buyer's lender and real estate agent to make sure that the title of the home is clear of liens before the transfer of ownership. Title: A legal document listing the history of ownership of the home. Buyers get a preliminary title report from an escrow agent or attorney within a week after they reach mutual acceptance on an offer. See even more definitions in Redfin s Real Estate Glossary!
66 NWMLS Purchase & Sale Agreement
67 HUD Settlement Statement
68 Loans & Programs
69 Types of Loans Fixed-rate: years, usually 30-year Simplest The most popular Adjustable Rate Mortgages Low initial rate Rate increase after 1, 3, 5, 7, 10 years Then re-adjusts every 1, 2, 3 years Usually a standard rate + 2% Lingo: 5/1 ARM
70 Loan Programs Federal Housing Authority Conventional Combination (1 st & 2 nd ) Veteran s Affairs Jumbo
71 FHA Loans Insured by U.S. government Insurance 1.75% rolled into the loan Subject to PMI.05% Available for fixed and ARM loans Rate is usually lower Minimum down-payment: 3.5%... FHA appraisal value Purchase price (whichever is lower) No maximum income limits Best choice for Folks with a lower credit score Small down-payment Self-employed
72 Conventional (conforming) Typical term: 30 years Lowest rates 10-20% down payment Credit score >720 Veteran s Affairs Loans (VA Loans) Fixed-rate: year terms Open to veterans of active military service Easy qualification Jumbo (non-conforming) Loans up to $3,000,000 Higher rate
73 Favorite Real Estate Links Property Information PropertyShark: Zoning data, title history, permits, neighborhood data; navigation is clunky Neighborhood Information WalkScore: Proximity to points of interest Terabitz: Custom neighborhood dashboard, pages load slowly and U/I is awkward. Trulia Heat Maps: Median prices across a county
74 Favorite Real Estate Links Listing Search Redfin: MLS + FSBO + REO, updated every 15 minutes, with DOM, price history, Zestimate craigslist: Major FSBO source that Redfin can't crawl HotPads: Foreclosure heat maps, slow to load & the zoom can be funky Brokerage site of listing agents: more photos of the listing RealtyTrac: Foreclosure market detail, subscription required for full reports
75 Favorite Real Estate Links Pricing Data & Tools Case-Schiller Indices: Pricing trends by metropolitan area HouseMath: Compares a housing investment to a stock market investment Altos Research: Median price trends and days on market by city, but some complain data is unreliable MSN Home Affordability Calculator: Based on your income & credit score SmartMoney's Home Buying Worksheet: Similar to the MSN calculator, but requires
76 Favorite Real Estate Links Mortgage Calculators & Loan Information Bankrate: Many ads, but is great for comparing local lenders Zillow's Mortgage Marketplace Help Center: Articles mortgage rates, types of mortgages, credit reports, and a series of mortgage calculators The Mortgage Professor: Bare bones information on mortgages, definitions of common terms, myriad of mortgage calculators
77 Favorite Real Estate Links Loans for First-Time Home-Buyers Federal Housing Administration (FHA) Fannie Mae and Freddy Mac CalHFA: California State agency that helps certain buyers Government Sites Federal Trade Commission: Articles & alerts for home-buyers. Dept. of Justice: Role of competition in real estate
78 Favorite Real Estate Links Remodeling & Renovations DoItYourself.com: A few ads, but a useful clearinghouse of information on remodeling National Association of Home Builders (NAHB): Articles on remodeling your home, most are good What to Look for in an Inspection American Society of Home Inspectors (ASHI): Good consumer FAQ & virtual home inspection
Redfin s Home-Buying Class. Portland, OR June 17 th, 2010
Redfin s Home-Buying Class Portland, OR June 17 th, 2010 Our Portland Agents Jessica Maxwell Field Agent Tracy Morgan Field Agent Jeff Bale Team Lead Keith McCue Field Agent Agenda Intro to Redfin 6:00
More informationOur San Diego Agents. Mark Bennett Market Manager. Stephanie Walker Agent. Anna Nevares Team Lead. Sara Masey Team Lead
Our San Diego Agents Sara Masey Team Lead Mark Bennett Market Manager Stephanie Walker Agent Anna Nevares Team Lead Redfin s Home-Buying Class Del Mar, CA June 9, 2010 Agenda Evaluating the Market 6:15
More informationOur Local Agents. Miawand Bayan Southern East Bay Team Lead Jen Beehler Transaction Coordinator
Our Local Agents Jen Beehler Transaction Coordinator jen.beehler@redfin.com Brad Le Silicon Valley Agent brad.le@redfin.com Miawand Bayan Southern East Bay Team Lead miawand.bayan@redfin.com Frank Wong
More informationTaylor Connolly Maryland Team Lead Nick Chaconas Maryland Team Lead
Our Local Agents Taylor Connolly Maryland Team Lead taylor.connolly@redfin.com Nick Chaconas Maryland Team Lead nick.chaconas@redfin.com Karen Krupsaw Balt./Wash. Region Market Manager karen.krupsaw@redfin.com
More informationOur San Diego Agents. Mark Bennett Market Manager. Stephanie Walker Agent. Anna Nevares Team Lead. Sara Masey Team Lead
Our San Diego Agents Sara Masey Team Lead Mark Bennett Market Manager Stephanie Walker Agent Anna Nevares Team Lead Redfin s Home-Buying Class San Diego, CA March 10, 2010 Agenda Evaluating the Market
More informationOur Northern East Bay Team
Our Northern East Bay Team Catherine Jardine Bay Area Market Manager Charmaine Frank Northern East Bay Team Lead Amber Zahn Northern East Bay Field Agent Redfin s Home-Buying Class San Ramon, CA June 16,
More informationOur Agents. Miawand Bayan East Bay Lead Agent. Chris Diez East Sacramento Suburbs Lead Agent
Our Agents Miawand Bayan East Bay Lead Agent Chris Diez East Sacramento Suburbs Lead Agent Redfin s Home-Buying Class Sacramento, CA August 26, 2009 Agenda Evaluating the Market 6:30 7:15 When to Buy &
More informationOur Agents. Chris Diez Bay Area Lead Agent. Catherine Jardine Bay Area Market Manager. Gina Pio Roda San Francisco Lead Agent
Our Agents Catherine Jardine Bay Area Market Manager Jim Holt Peninsula Lead Agent Gina Pio Roda San Francisco Lead Agent Chris Diez Bay Area Lead Agent Redfin s Home-Buying Class San Francisco, CA June
More informationOur Agents. Catherine Jardine Bay Area Market Manager. Gina Pio Roda San Francisco Lead Agent. Jim Holt Peninsula Lead Agent
Our Agents Catherine Jardine Bay Area Market Manager Jim Holt Peninsula Lead Agent Gina Pio Roda San Francisco Lead Agent Redfin s Home-Buying Class Palo Alto, CA May 20, 2009 Agenda Evaluating the Market
More informationOur Agents. Miawand Bayan East Bay Lead Agent. Chris Diez East Sacramento Suburbs Lead Agent
Our Agents Miawand Bayan East Bay Lead Agent Chris Diez East Sacramento Suburbs Lead Agent Redfin s Home-Buying Class Sacramento, CA June 24, 2009 Agenda Evaluating the Market 6:30 7:15 When to Buy & Why
More informationOur Agents. Mark Bennett Market Manager. General Q&A. Joyti Goundar Los Angeles. General Q&A
Our Agents Mark Bennett Market Manager General Q&A Joyti Goundar Los Angeles General Q&A Redfin s Home-Buying Class Studio City, CA April 29, 2009 Agenda Evaluating the Market 6:15 7:15 When to Buy & Why
More informationOur Boston Agents. Sean Valiton Metro North Team Lead. Adam Welling Metro West Team Lead. Hannah Driscoll Metro South Team Lead
Our Boston Agents Adam Welling Metro West Team Lead Sean Valiton Metro North Team Lead Hannah Driscoll Metro South Team Lead Redfin s Home-Buying Class Somerville, MA June 30, 2010 Agenda Intro to Redfin
More informationSelling Your Home for Top Dollar. Redfin s Maryland Team June 29 th, 2010
Selling Your Home for Top Dollar Redfin s Maryland Team June 29 th, 2010 Our Maryland Team Nick Chaconas Maryland Team Lead Karen Krupsaw Balt./Wash. Region Market Manager Philip Gvinter Maryland Coordintator
More informationBuy Your Home. How I Help You. Helping you find and purchase a home is only one facet of my job.
How I Help You Buy Your Home Helping you find and purchase a home is only one facet of my job. MY SERVICES Explain real estate principles, contracts and documents Refer you to a reputable lender that can
More informationBecome a Diva Dweller
Become a Diva Dweller Our Mission Statement Team Diva provides industry leading real estate services to support increased home ownership and to work toward building sustainable and equitable communities
More informationHome Buyer s Guide. Everything you need to know before buying a home
Home Buyer s Guide Everything you need to know before buying a home A real estate transaction is one of the biggest financial transactions most people will do in a lifetime. Understanding the buying process
More informationGUIDE. The Shields Team of Keller Williams Realty (423)
GUIDE The Shields Team of Keller Williams Realty (423) 896-1232 www.tricityrealestateforsale.com theshieldsteam@gmail.com Shields Team At The Shields Team, we also love real estate--the land, the homes,
More informationWhere Home Begins STEPS TO THE HOME BUYING PROCESS
Where Home Begins STEPS TO THE HOME BUYING PROCESS Rachael Boling Photography Linda McDougald Design Postcard from Paris Home Presented To From Date Introduction KEYS TO SMART HOME BUYING Buying a home
More informationThe home ownership rate is 64.3%. Existing home sales are 82% back to normal. New construction starts are 53% back to normal, up from 46% a year ago.
Brian Buffini s Real Estate Report PAGE 1 INDUSTRY FACTS MEDIAN DAYS ON THE MARKET: 39 Days in April 2015 vs. Home sales in April reached a seasonally adjusted rate of 5.04 million, an increase of 6.1%
More informationAnnual Report On Our National Real Estate Market
A TWINCITIESPROPERTYFINDER.COM RESOURCE Annual Report On Our National Real Estate Market 1 Contents Industry Facts 3 Mortgage Stats 4 Distressed Properties & Price Information 5 Today s Buyer 6 First-Time
More informationReal Estate Owned SpecialistTM "Supplement Sheet"
w w w. C e r t i f i e d R E O. c o m Real Estate Owned SpecialistTM "Supplement Sheet" June 2012 American Real Estate University Copyright 2008-2012 HUD Homes www.hud.gov State Marketing and Management
More informationThe Buyer Consultation: Demonstrating & Articulating Value. Interactive Workshop. Student Workbook
The Buyer Consultation: Demonstrating & Articulating Value Interactive Workshop Student Workbook The Buyer Consultation: Demonstrating and Articulating your Value What is a Buyer Consultation? What is
More informationH O M E. Buyers. Guide R E A L T O R. C O M / T O P P R O D U C E R S T E P - B Y - S T E P S E R I E S
Buyers H O M E Guide Contents The home buying process a brief, step-by-step overview... 2 A home buyer s glossary... 8 To buy or not to buy considerations for first-time home buyers in this market... 13
More informationYour guide to selling a home
Your guide to selling a home Your guide to selling a home DISCLAIMER This booklet is an introductory guide. Buying property is a complex and sometimes fast-moving legal process. Every transaction is different,
More informationa guide to BUYING your home
a guide to BUYING your home + + sean MELE As a fourth generation Portlander, I know this city inside and out. My goal is to communicate and collaborate with the client at their preferred pace for optimum
More informationThe Knowledge Resource. First-Time Home Buyers FOR. Your Agent Is the Best Guide Save Time, Money, and Frustration
K N O W L E D G E I S P O W E R The Knowledge Resource FOR First-Time Home Buyers Your Agent Is the Best Guide Save Time, Money, and Frustration The Keys to Homeownership Unlock the American Dream Is Buying
More informationBuyers Guide to REO Properties
2010 Buyers Guide to REO Properties Mike Bridges Property Express CRM 2/22/2010 Table of Contents Table of Contents... 2 Introduction... 3 What are REO Properties?... 3 The Buying Process... 3 Select a
More informationSell Your House in DAYS Instead of Months
Sell Your House in DAYS Instead of Months No Agents No Fees No Commissions No Hassle Learn the secret of selling your house in days instead of months If you re trying to sell your house, you may not have
More informationCOMPLETE GUIDE TO BUYING A HOME IN SAN ANTONIO
COMPLETE GUIDE TO BUYING A HOME IN SAN ANTONIO Buying a home is a big deal. While the process is exciting, it can also be overwhelming. At KW Portfolio we are committed to making sure buyers have all the
More informationFIRST TIME HOMEBUYER'S GUIDE
FIRST TIME HOMEBUYER'S GUIDE www.guidancerealty.com E-Book First Time Homebuyer's Guide FIRST TIME HOMEBUYER S GUIDE If you re ready to purchase a home, but not sure where to begin, you re in a similar
More informationHow Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options
How Selling Your House to a Real Estate Investor Stacks Up Against Your Other Options Pros, cons, costs, and timeline of each option So, you need to sell your house. Selling in a market like today s can
More informationThe Home Buying Process
The Home Buying Process 11 steps to Buying the Right Home at the Right Price Chapter 1 Broker - No Broker Chapter 2 Choosing a Broker Chapter 3 Lending Chapter 4 Search Chapter 5 Negotiation Chapter 6
More informationSpecial Report #1 Step by Step Guide: How to do Due Diligence for Tax Liens
Special Report #1 Step by Step Guide: How to do Due Diligence for Tax Liens At one sale that I went to, a new tax lien investor asked do you really have to do due diligence on properties in a tax lien
More informationMonthly Market Watch for the Prescott Quad City Area. Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS
August 2012 Monthly Market Watch for the Prescott Quad City Area Provided by Keller Williams Check Realty Statistics from August 2012 Prescott MLS Report Overview: This report includes MLS data for the
More informationHome buying tips / Eight steps to buying your home
Home buying tips / Eight steps to buying your home The below info is to provide guidance mainly to new buyers. As your agent I will help and guide you with all of the below so you can focus on enjoying
More informationWith last month's gain, sales are now up 4.5% from May 2015 and are at their highest annual pace since February 2007.
JULY 2016 With last month's gain, sales are now up 4.5% from May 2015 and are at their highest annual pace since February 2007. - Lawrence Yun NAR s Chief Economist Now in its seventh year, the US economic
More informationHome Buyers Guide. Rebecca Wooten. REALTOR, SRS (512)
A First Time Home Buyers Guide Rebecca Wooten REALTOR, SRS (512) 662-4020 RebeccaLWOOTENREALTOR@GMAIL.com KNOWING THE REAL ESTATE LINGO Earnest Money A check or money order made out to the title company
More informationCompliments of: Your Key Resource in Real Estate. Jessica L Thompson
Jessica L Thompson 770.490.4615 {AGENT PHOTO} Compliments of: Jessica L. Thompson Keller Williams Realty Peachtree Road 3925 Peachtree Rd Suite 200 Atlanta, GA 30319 buying a home It s all about you The
More informationHome Buying Information
Home Buying Information The Process: Get a Loan! Hire an Agent! Draft your home wish list! Tour neighborhoods View Homes Make an offer! Have the home inspected Take care of any contingencies Keep up on
More informationManaged Relationship Follow Up Plans for Direct-To-Agent (DTA) Internet Leads
Managed Relationship Follow Up Plans for Direct-To-Agent (DTA) Internet Leads These follow up plans are meant to assist you in incubating leads until they are ready to take action on buying or selling
More informationGina Cantara GinaCantara.com. Broker REAL ESTATE / SHORELINE
Gina Cantara Broker 206-229-8738 ginac@windermere.com GinaCantara.com REAL ESTATE / SHORELINE TABLE OF CONTENTS 3 4 5 6 8 9 10 11 12 14 USING A WINDERMERE AGENT TO HELP YOU FIND A HOME BEGINNING THE PROCESS
More informationJEFFREY SAMUELS. Welcome! Maximize Your Real Estate Value!
Welcome! We look forward to speaking with you about the future sale of your home. We are confident you will feel that the programs we outline for you will provide you with the greatest possibility of selling
More informationWELCOME TO YOUR HOMEBUYER GUIDE
WELCOME TO YOUR HOMEBUYER GUIDE THIS GUIDE BELONGS TO: Congratulations, you ve taken the first step and decided to buy a home! Use this guide to keep track of the home buying process from start to finish,
More informationCLIENT INFORMATION QUESTIONNARIE
About You CLIENT INFORMATION QUESTIONNARIE Name: DOB: Phone: Email Address: Name: DOB: Phone: Email Address: Current Address: City: State: Zip: OWN: Yes / No How Many Years: RENT: Yes / No Lease Terms:
More information7 PRINCIPLES OF THE INVEST FOUR MORE STRATEGY
7 PRINCIPLES OF THE INVEST FOUR MORE STRATEGY INVESTING IN REAL ESTATE CAN BRING INCREDIBLE RETURNS. YOU HAVE COMPLETE CONTROL OVER YOUR INVESTMENT, UNLIKE THE STOCK MARKET OR MUTUAL FUNDS. YOUR INVESTMENT
More informationMonthly Indicators + 7.3% + 6.6% + 8.3% Single-Family Market Overview Condo Market Overview New Listings Pending Sales.
Monthly Indicators 2018 The three most prominent national market trends for residential real estate are the ongoing lack of abundant inventory, the steadily upward movement of home prices and year-over-year
More informationErica Kassner, Realtor Office: Mobile: Fax: Ericakassnerhomesinalabama.
Erica Kassner, Realtor Office: 256-519-7220 Mobile: 256-503-5707 Fax: 256-519-7242 ericakassner@kw.com Ericakassnerhomesinalabama.com What Makes Listing Your Home with Me So Great? CANCEL THE LISTING AT
More informationHome Inspections and Their Role in the Real Estate Transaction
Home Inspections and Their Role in the Real Estate Transaction If you are a buyer or seller, I bet you thought just getting under contract was stressful for all parties but in reality, the home inspection
More information[Your Company Logo] (Place your cream png file)
[Your Company Logo] (Place your cream png file) Over 20 Years of Real Estate Experience Cert dada Graciela Dada McGlynn Broker Associate, Top Producer International Property & Relocation Certified BHHS
More informationChapter 7. Objective1 Assess Costs and Benefits of Renting. Chapter Objectives
Chapter 7 Selecting and Financing Housing McGraw-Hill/Irwin Copyright 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Selecting and Financing Housing Chapter Objectives 1. Assess costs and
More informationMODULE 5 Deal flow. Who does what? When? In what order? Maximize profit and minimize risk!
MODULE 5 Deal flow. Who does what? When? In what order? Maximize profit and minimize risk! Drew Downs Rock Star Real Estate Agent and Wholesaler Nathan Jurewicz The Short Sale Kid The Following Slides
More informationFinding Land for your Modular Home Building a Home is Not the same as buying an existing home. The process is different and more complex. It is usually a very rewarding experience but it can also be time
More informationReal Estate Glossary
Real Estate Glossary 1031 exchange or Starker exchange: The delayed exchange of properties that qualifies for tax purposes as a tax-deferred exchange. 1099: The statement of income reported to the IRS
More informationMARKETING LISTING CONSULTATION. This presentation is property of Michael Lewis
MARKETING LISTING CONSULTATION This presentation is property of Michael Lewis. 310-801-6040 PROFESSIONAL PROFILE Mike Nichols Mike Nichols Exp Realty Born and raised in the Sacramento area, Mike has a
More informationReal Estate: Sellers Just the FAQs
From the Real Estate Practice Group Should I use a broker? A real estate broker is trained to list and sell real estate. Most brokers know a lot about how to make a property more desirable to a wider pool
More informationTable of Contents. Glossary 4. Step 1: Prepare Your Home for Sale 6. Step 2: Market and Show Your Home 8. Step 3: Negotiate Offers 10
Selling a Home As frequently as the rules and markets change, selling a home can be a complicated process whether you use a real estate agent to help you or not. This Guidebook shows a practical process
More informationThe Home Selling Process
The Home Selling Process Sold 12 steps to Selling Your Home in the Shortest Amount of Time at the Highest Possible Price Chapter 1 Broker - No Broker Chapter 2 Choosing a Broker Chapter 3 Marketing Chapter
More informationContracts for Sale and Closing
Contracts for Sale and Closing Determines price and terms of the transaction Defines property interest being conveyed Determines the grantee Determines other conditions of the transaction Financing Date
More informationSave Money by Selling Your House without an Agent
Save Money by Selling Your House without an Agent Jesse D. Johnston My goal is to empower buyers and sellers with the guidance, training, financial and market information they need to make confident decisions,
More informationFinding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs
Finding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs Finding Deals on properties with defaulting mortgages offers opportunities at three very different entry points.
More informationSMALL INVESTORS CAN NOW PROVIDE TURNKEY PROPERTIES NATIONWIDE
SMALL INVESTORS CAN NOW PROVIDE TURNKEY PROPERTIES NATIONWIDE Large real estate investment firms have been riding a large wave of opportunity and profit margins by providing turnkey rental investment properties
More informationOpening doors for you...
This guide is written in order to assist a potential home buyer in understanding the process behind finding a home. The steps in this guide are typical of the procedure that is followed in any New York
More informationFinding That Just Right Property
Finding That Just Right Property A Buyer s Guide Prepared for you by: Jeff Weissman REALTOR #01882272 weissman.jeff@gmail.com www.weissman-realestate.com 510.303.5903 Client Focused, Results Driven! Top
More informationBERKSHIRE HATHAWAY HOMESERVICES: A REPUTATION BUILT ON TRUST, FRAMED IN EXCELLENCE
BERKSHIRE HATHAWAY HOMESERVICES: A REPUTATION BUILT ON TRUST, FRAMED IN EXCELLENCE A Reputation Built on Trust Berkshire Hathaway HomeServices New England Properties is a leading real estate brokerage
More informationUNDERSTANDING THE HOME BUYING PROCESS
You re Buying a HOME UNDERSTANDING THE HOME BUYING PROCESS Residential New Construction Townhomes & Condos GET TO KNOW US THE LOKEN GROUP thank you for taking the time to get to know us a little better
More informationBUYERS EAST BAY. Challenges for the Buyer. Why Use a Real Estate Agent to Buy?
BUYERS Challenges for the Buyer The primary challenge for house hunters is the current low inventory levels. Low inventory can drive up the price of the homes available when buyers are having to compete
More informationTHE OUTLOOK FOR HOUSING IN ILLINOIS
THE OUTLOOK FOR HOUSING IN ILLINOIS Jonathan Smoke Chief Economist January 25, 2017 NATIONAL TRENDS 2 2000.01 2000.05 2000.09 2001.01 2001.05 2001.09 2002.01 2002.05 2002.09 2003.01 2003.05 2003.09 2004.01
More informationChapter 22 Closing the Real Estate Transaction
Chapter 22 Closing the Real Estate Transaction LECTURE OUTLINE: I. Preclosing Procedures A. Closing is the point at which ownership of a property is transferred in exchange for the payment of the selling
More information( Seller ) Seller(s) Name:
Seller(s) Name: ( Seller ) I/we, authorize MLS4owners.com ( MLS4OWNERS ) to advertise the real property ( Property ) described herein. For the purpose of this Agreement: (a) MLS means a multiple listing
More information1200 Premier Drive, Suite 140 Chattanooga, TN Each office is independently owned and operated.
THIS MONTH IN REAL ESTATE K im aulston R REALTOR 1200 Premier Drive, Suite 140 Chattanooga, TN 37421 Each office is independently owned and operated. Cell: 423-316-4022 Office: 423-664-1600 Email: kcraulston@gmail.com
More informationSeller s Package. Service Provided by Your Real Estate Professionals
Seller s Package Service Provided by Your Real Estate Professionals Charles Jennings Ashley Fredrick (715) 897-4496 (715) 207-9300 MarshfieldRealtor@gmail.com C21Ashley.Fredrick@gmail.com The role of the
More informationVIP SELLER PROGRAM. 146 Step System to get your home sold fast and for top dollar. Lisa Elly-Nicholson, Realtor. Keller Williams Realty Chesterfield
146 Step System to get your home sold fast and for top dollar Lisa Elly-Nicholson, Realtor Keller Williams Realty Chesterfield Cell: 636-227-9093 Office: 636-534-8100 Email: Lisa.Nicholson@kw.com Elly-NicholsonTeam.com
More informationHow to Sell Your Home in a Short Sale
How to Sell Your Home in a Short Sale A viable solution for property with no equity Warrior Brown Realty Real Estate Professionals setting the standards for excellence Tangie Warrior Brown, Realtor Direct:
More informationDeal Analysis & Appraisal Checklist
STAGE 1 GATHERING PROPERTY INFORMATION o Research the Seller o Fill out the "Seller Lead Sheet" o Research the Agent o Pull up or Printout the MLS Property Listing Sheet o Fill out the "Agent Lead Sheet"
More informationProfessional Short Sale Negotiators Short Sale Option Agent Listing Packet
Presents Short Sale Option www.lotusrealtygroup.com Agent Listing Packet 400 S Sierra Ave. Suite 102, Solana Beach, CA 92075 SUPPLEMENTAL COMMISSION AGREEMENT WITH LISTING BROKER/AGENT ( Listing Broker/Agent
More informationHOME PURCHASING CONSULTATION. This presentation is property of Michael Lewis
HOME PURCHASING CONSULTATION This presentation is property of Michael Lewis. 310-801-6040 PROFESSIONAL PROFILE Mike Nichols Mike Nichols Exp Realty Born and raised in the Sacramento area, Mike has a deep
More informationContracts for Sale and Closing
Professor Thomson Fin 3433 Chapter 14: Contracts for Sale and Closing Contract for Sale: The Most Important Document in Real Estate Determines price and terms of the transaction Defines property interest
More informationSeller. step sy stem. Harley Dufek, Broker/Owner. to get your home sold fast and for top dollar Edition
Seller Program TM, Broker/Owner step sy stem to get your home sold fast and for top dollar 2012 Edition Experience the Wow factor with Exclusive Home Realty s 151-Step System to get your home sold fast
More informationHow To Sell Your Home Quickly!
Thanks for reading our FREE report. Whether you need a new home to support your growing family, you received a job transfer, you want your kids to attend better schools, or you just want to move into a
More informationFull Property Sale Checklist
Stage 1 Property Preparation & Pre- Marketing PREPARATION o Punch List is complete o Clean Property Make sure entire Punch List is complete and signed off. Get all Final Lien Waivers signed by contractors.
More informationChecklist for Agreement of Sale Folders Blue Folder
Checklist for Agreement of Sale Folders Blue Folder Sales Associate: ANN MCGUIRE cell (215) 622-5070 annrealtor@ymail.com License RS321134 Federal and State Required Agreement of Sale Mortgage Pre-approval
More informationGuidelines for Bank Owned offers
Guidelines for Bank Owned offers To increase the odds your buyers offer will be accepted, it will help you to follow the protocol banks require. In an effort to simplify the process for you, I have outlined
More informationThe STEP SY STEM. to get your home sold fast and for top dollar
The 148 STEP SY STEM to get your home sold fast and for top dollar Experience the Wow factor with The Brad Korb 148-Step System to get your home sold fast and for top dollar Steps 1 15: Behind the scenes
More informationA Consumer s Guide to. Buying a Co-op
A Consumer s Guide to Buying a Co-op A Consumer s Guide to Buying a Co-op In the United States, more than 1.2 million families of all income levels live in homes owned and operated through cooperative
More informationEscrow Basics. Chapter 6. Learning Objectives
Chapter 6 Escrow Basics Learning Objectives After reading this chapter, you will be able to: explain the basic regional differences of escrow instructions. define the general principles followed by all
More informationJerry Cotner Broker Associate
Jerry Cotner Broker Associate 1661 N Estrella Ave Loveland, CO 80538 Office: 970-669-9696 Cell: 970-593-8272 Fax: 970-669-7428 Email: jerrycotner@live.com Web: www.jerrylcotner.com Excellence & Integrity
More informationPROGRAM step system to get your home sold fast and for top dollar
VIP SELLER 151 step system to get your home sold fast and for top dollar PRG s Experience the Wow factor with 151-Step System to get your home sold fast and for top dollar Steps 1 15: Behind the scenes
More informationKeys To Buying A California Home. Owned Or Managed By Fannie Mae
Keys To Buying California Home Owned Or Managed By Fannie Mae Fannie Mae developed this brochure for home buyers interested in purchasing California properties owned or managed by Fannie Mae. This brochure
More informationTHE ULTIMATE GUIDE TO BUYING A HOME IN THE GREATER TORONTO AREA
THE ULTIMATE GUIDE TO BUYING A HOME IN THE GREATER TORONTO AREA Thank You. Whether you are looking for a house or condo, the journey to homeownership has many steps. This simplified guide will help give
More informationFIRST TIME HOMEBUYERS SEMINAR
FIRST TIME HOMEBUYERS SEMINAR Everything you need to know to make buying your first home easy and affordable. : Logo Tax deductions Stable housing costs Appreciation on your investment Gain equity You
More informationHome Buying Service. In this Guide: Finding an Agent. Finding the Right House. Applying for a Loan. Home Inspections.
1 In this Guide: Home Buying Service Finding an Agent Finding the Right House Applying for a Loan Home Inspections and much more 2 Inside This Guide Thank You 3 Step 1: Finding the Right Agent 4-5 Step
More informationReal Estate Update. elearning series. Upcoming elearning series. Year-End Planning. September 16
Real Estate Update Upcoming elearning series Year-End Planning September 16 Kevin Russell Senior Vice President, Sales & Account Management, Cartus Home Loans Renee Carnes-Rook Vice President, Real Estate
More informationHOME BUYING GUIDE. Wendy Carrington WendyCarrington.com. WendyCarrington.com
HOME BUYING GUIDE Wendy Carrington 206.948.3852 wlc@johnlscott.com Representation With a Buyer s Agency Agreement, home buyers can ensure that someone is looking out for their best interests. In most transactions,
More informationBuying Your Perfect Anderson Island Home
Buying Your Perfect Anderson Island Home Let s Get To Work Finding Your Perfect Home My Mission To help you find the best island home that fits your needs in the time frame important to you. Credentials
More information101 Ways Your Intern Can Triple Your Real Estate Investing Business This Year
101 Ways Your Intern Can Triple Your Real Estate Investing Business This Year For 99% of entrepreneurs and business owners, we have identified what we believe are the top 101 highest leverage, most profitable
More informationSelling Homes for Every Lifestyle
Selling Homes for Every Lifestyle - 3rd generation Real Estate Company www.larenetwork.com SOLD L.A. Real Estate Network Group - 1818 West Beverly Blvd #209, Montebello, CA 90640 - Office# 323-724-2420
More informationSelling your property?
Selling your property? New Zealand Residential Property Agency Agreement Guide Brought to you by the Real Estate Authority This guide tells you... what an agency agreement is what the agent should tell
More informationBegin by developing a strong marketing plan. The cornerstone will be internet driven
Wednesday, February 16, 2011 Chuck Fethe, Realtor Keller Williams Realty 11121 Kingston Pike, Ste, C Knoxville, TN 37934 Hello and Welcome, You re ready to sell your property. And, while you re looking
More informationBUYING A HOME THINGS TO CONSIDER WHEN WINTER 2017 EDITION
THINGS TO CONSIDER WHEN BUYING A HOME Courtesy of: Eileen Saunders, REALTOR with Tommy Morgan Realtors 2092 Old Taylor Road Oxford MS 38655 662-404-0816 662-234-5344 eileen@tmhomes.com WINTER 2017 EDITION
More informationDo You Want to Buy a Home but have Poor Credit or Little in Savings?
Do You Want to Buy a Home but have Poor Credit or Little in Savings? If you re reading this guide, you re likely considering rent to own (also commonly referred to as lease to own ) properties because
More information