0
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 ...
San Francisco Area    Down 5.4% year-over-year    Peak was May 2006    Down 41.1% from peak    Currently at February 2002 ...
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...
●     ●     ●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 &               ...
Slide 22 of 51
AGENT                          COORDINATOR                 Responsible for your success   Schedules tours                 ...
•    We refund a part of our commission to you subject to the approval of your lender and the home seller          • Appli...
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 ...
o   o       o   o   o   oSlide 30 of 51
●                 ►          ●                 ►          ●                 ►Slide 31 of 51
●                 ●                 ●●                 ●●●●                ●●●Slide 32 of 51
● ● ● ● ● ●       Slide 33 of 51
*In no way does Redfin                 benefit financially from                 recommending lenders –                 we ...
o                 o   Origination    o   Credit report     o Transfer Tax                 o   Discount Fee   o   Title ins...
Slide 36 of 51
Slide 37 of 51
Making Your OfferSlide 38 of 51
●     ●     ●     ●     ●Slide 39 of 51
Overview of a Purchase                 •Search homes online & tour                 •Get pre-approved                 •Find...
Important                       milestone                        tracker          Your to do             list             ...
•               •   • •                   •                 •   • •                 •Slide 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
●●
●    ►●    ►    ►
●●●●●
●●●●
●●●●
●    ►    ►    ►●    ►    ►
●    ►    ►
South San Francisco First Time Home Buying Class April 26, 2012
Upcoming SlideShare
Loading in...5
×

South San Francisco First Time Home Buying Class April 26, 2012

177

Published on

Published in: Business, Real Estate
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
177
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "South San Francisco First Time Home Buying Class April 26, 2012"

  1. 1. Slide 1 of 51
  2. 2. ● ● ● ● ● ● ● ●Slide 2 of 51
  3. 3. ● ● ●  Slide 3 of 51
  4. 4. Slide 4 of 51
  5. 5. ● ● ● ● ●Slide 5 of 51
  6. 6. ● ● ● ● ●Slide 6 of 51
  7. 7. Slide 7 of 51
  8. 8. 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
  9. 9. 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
  10. 10. Slide 10 of 51
  11. 11. Slide 11 of 51
  12. 12. ● ● ● ● ●Slide 12 of 51
  13. 13. ● ► ► ► ● ► ► ● ●Slide 13 of 51
  14. 14. Slide 14 of 51
  15. 15. 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
  16. 16. ● ● ●Slide 16 of 51
  17. 17. Slide 17 of 51
  18. 18. Slide 18 of 51
  19. 19. ● ● ● ● ● ● ● ●Slide 19 of 51
  20. 20. Slide 20 of 51
  21. 21. Click here when you decide See all deals & reviewsSlide 21 of 51
  22. 22. Slide 22 of 51
  23. 23. 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
  24. 24. • 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
  25. 25. Slide 25 of 51
  26. 26. ● ● ● ●Slide 26 of 51
  27. 27. Slide 27 of 51
  28. 28. Slide 28 of 51
  29. 29. 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
  30. 30. o o o o o oSlide 30 of 51
  31. 31. ● ► ● ► ● ►Slide 31 of 51
  32. 32. ● ● ●● ●●●● ●●●Slide 32 of 51
  33. 33. ● ● ● ● ● ● Slide 33 of 51
  34. 34. *In no way does Redfin benefit financially from recommending lenders – we just think they’re great lenders!Slide 34 of 51
  35. 35. 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 35 of 51
  36. 36. Slide 36 of 51
  37. 37. Slide 37 of 51
  38. 38. Making Your OfferSlide 38 of 51
  39. 39. ● ● ● ● ●Slide 39 of 51
  40. 40. 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 40 of 51
  41. 41. Important milestone tracker Your to do list Your team of agentsSlide 41 of 51
  42. 42. • • • • • • • • •Slide 42 of 51
  43. 43. Slide 43 of 51
  44. 44. Slide 44 of 51
  45. 45. ● ● ● ●Slide 45 of 51
  46. 46. ● ● ● ●Slide 46 of 51
  47. 47. ● ● ● ● ● ● ● ●Slide 47 of 51
  48. 48. ● ● ●Slide 48 of 51
  49. 49. Slide 49 of 51
  50. 50. ● ● ● ● ● ● ●Slide 50 of 51
  51. 51. Slide 51 of 51
  52. 52. ●●
  53. 53. ● ►● ► ►
  54. 54. ●●●●●
  55. 55. ●●●●
  56. 56. ●●●●
  57. 57. ● ► ► ►● ► ►
  58. 58. ● ► ►
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×