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Case-Shiller: Chicago Area v. 20-City    250.00    200.00    150.00    100.00                               Chicago Area  ...
Down 6.6% year-over-year      Peak was September 2006      Down 35.9% from peak      Currently at January 2001 prices     ...
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Overview                     •Search homes online & tour                     •Get pre-approved                     •Find a...
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Click here                 when you                  decide                 See all                 deals &               ...
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AGENT                 Responsible for your success                 Writes your offer                 Handles negotiations ...
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*In no way does Redfin                 benefit financially from                 recommending lenders –                 we ...
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Making Your OfferSlide 41 of 55
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Overview of a Purchase                 •Search homes online & tour                 •Get pre-approved                 •Find...
Important                       milestone                        tracker          Your to do             list             ...
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Home Buying Class - Schaumburg - April 25, 2012
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Home Buying Class - Schaumburg - April 25, 2012

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Transcript of "Home Buying Class - Schaumburg - April 25, 2012"

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  8. 8. Case-Shiller: Chicago Area v. 20-City 250.00 200.00 150.00 100.00 Chicago Area 20-City Composite 50.00 0.00Slide 8 of 55
  9. 9. Down 6.6% year-over-year Peak was September 2006 Down 35.9% from peak Currently at January 2001 prices Down 3.8% year-over-year Peak was July 2006 Down 34.4% from peak Currently at January 2003 pricesSlide 9 of 55
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  17. 17. 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 17 of 55
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  23. 23. Click here when you decide See all deals & reviewsSlide 23 of 55
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  25. 25. AGENT Responsible for your success Writes your offer Handles negotiations FIELD AGENT Takes you to see homes See 50+ homes a week COORDINATOR Schedules tours Prepares paperwork Works with escrowSlide 25 of 55
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  37. 37. *In no way does Redfin benefit financially from recommending lenders – we just think they’re great lenders!Slide 37 of 55
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  41. 41. Making Your OfferSlide 41 of 55
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  43. 43. 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 43 of 55
  44. 44. Important milestone tracker Your to do list Your team of agentsSlide 44 of 55
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