• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Emeryville Home Buying Clas
 

Emeryville Home Buying Clas

on

  • 200 views

 

Statistics

Views

Total Views
200
Views on SlideShare
200
Embed Views
0

Actions

Likes
0
Downloads
3
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Emeryville Home Buying Clas Emeryville Home Buying Clas Presentation Transcript

    • Slide 1 of 51
    • ● ● ● ● ● ● ● ●Slide 2 of 51
    • ● ● ●  Slide 3 of 51
    • Slide 4 of 51
    • ● ● ● ● ●Slide 5 of 51
    • ● ● ● ● ●Slide 6 of 51
    • Slide 7 of 51
    • Case-Shiller: San Francisco Area v. 20-City 250.00 San Francisco 20-City Composite 200.00 150.00 100.00 50.00 0.00Slide 8 of 51
    • San Francisco Area Down 5.4% year-over-year Peak was May 2006 Down 41.1% from peak Currently at February 2002 prices 20-City Composite Down 3.8% year-over-year Peak was July 2006 Down 33.8% from peak Currently at February 2003 pricesSlide 9 of 51
    • Slide 10 of 51
    • Slide 11 of 51
    • ● ● ● ● ● ► ►Slide 12 of 51
    • ● ► ► ► ● ► ► ● ●Slide 13 of 51
    • Slide 14 of 51
    • Overview •Search homes online & tour •Get pre-approved •Find a dream home Finding •Consult with agent, write offer Your Home •Submit offer to listing agent •Negotiations •Success! •Earnest money •Inspection contingency Mutual •Title review Acceptance •Financing contingency •Waiting for loan approval •Escrow signing appointment •Get keys and take possession! Closing •Receive Redfin refund •Complete Redfin SurveySlide 15 of 51
    • ● ● ●Slide 16 of 51
    • Slide 17 of 51
    • Slide 18 of 51
    • ● ● ● ● ● ● ● ●Slide 19 of 51
    • Slide 20 of 51
    • Click here when you decide See all deals & reviewsSlide 21 of 51
    • Slide 22 of 51
    • AGENT COORDINATOR Responsible for your success Schedules tours Writes your offer Prepares paperwork Handles negotiations Works with escrow COORDINATOR FIELD AGENT Schedules tours Takes you to see homes Prepares paperwork See 50+ homes a week Works with escrowSlide 23 of 51
    • • We refund a part of our commission to you subject to the approval of your lender and the home seller • Applied to closing costs • Refund is tax-freeSlide 24 of 51
    • Slide 25 of 51
    • ● ● ● ●Slide 26 of 51
    • Slide 27 of 51
    • Slide 28 of 51
    • Income oSalary—Past 30 days oHourly—Consistency and history oSelf-employed—Two year average Credit Assets o 660 for FHA o Down Payment o 680 for Conventional o Closing Costs o 720 for Rate Improvement o Cash ReservesSlide 29 of 51
    • o o o o o oSlide 30 of 51
    • ● ► ● ► ● ►Slide 31 of 51
    • ● ● ●● ●●●● ●●●Slide 32 of 51
    • o ooo o oo o o o oSlide 33 of 51
    • ● ● ● ● ● ● Slide 34 of 51
    • *In no way does Redfin benefit financially from recommending lenders – we just think they’re great lenders!Slide 35 of 51
    • Slide 36 of 51
    • Slide 37 of 51
    • o o Origination o Credit report o Transfer Tax o Discount Fee o Title insurance o Recording o Processing o Escrow fees o Underwriting o Prepaid items Good news! Loan payments are made in arrears, so your first loan payment will not be for almost two months!Slide 38 of 51
    • Making Your OfferSlide 39 of 51
    • ● ● ● ● ●Slide 40 of 51
    • Overview of a Purchase •Search homes online & tour •Get pre-approved •Find a dream home Finding •Consult with agent, write offer Your Home •Submit offer to listing agent •Negotiations •Success! •Earnest money (within 3 days) •Inspection contingency (5-10 days) Mutual •Title review (5 days) Acceptance •Financing contingency (20-25 days) •Waiting for loan approval •Escrow signing appointment •Get keys and take possession! Closing! •Receive Redfin refund •Complete Redfin SurveySlide 41 of 51
    • Important milestone tracker Your to do list Your team of agentsSlide 42 of 51
    • • • • • • • • • •Slide 43 of 51
    • Slide 44 of 51
    • Slide 45 of 51
    • ● ● ● ●Slide 46 of 51
    • ● ● ● ●Slide 47 of 51
    • ● ● ● ● ● ● ● ●Slide 48 of 51
    • ● ● ●Slide 49 of 51
    • Slide 50 of 51
    • ● ● ● ● ● ● ●Slide 51 of 51
    • Slide 52 of 51
    • ●●
    • ● ►● ► ►
    • ●●●●●
    • ●●●●
    • ●●●●
    • ● ► ► ►● ► ►
    • ● ► ►