Buyer Guidebook Presentation
Upcoming SlideShare
Loading in...5

Best Buyer Real Estate Guidebook

Best Buyer Real Estate Guidebook



Total Views
Views on SlideShare
Embed Views



2 Embeds 4 3 1



Upload Details

Uploaded via as Microsoft PowerPoint

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.

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

    Buyer Guidebook Presentation Buyer Guidebook Presentation Presentation Transcript

    • Coldwell Banker ® Homebuyer Guidebook Finding & Financing a Home Made Simple © 2009 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker ® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated.
    • Buying Your New Home. Congratulations! When using a Coldwell Banker® Sales Associate, you will feel confident your search for a new home will be very successful. Let’s get started!
    • Steps to Get Started
        • Determine your budget and how much you can afford.
        • Get pre-approved for a mortgage.
          • When applying, you’ll most likely need to furnish:
              • Two most recent pay stubs.
              • W-2 forms for the past two years.
              • Federal tax returns for the past two years.
              • Last two months bank statements.
              • Long-term debt information such as credit cards, auto loans etc.
    • Getting Approved
        • A lender will check your credit to see if you’re a good candidate for a loan.
        • If your credit rating is poor, there are things you can do to improve it.
              • Make sure the report is correct. If not, call to fix it.
              • Begin to pay your bills on time.
              • Use two to four credit cards so you can keep track of them.
              • Keep a separate checking and savings account.
              • Keep the same job for a few years.
    • Pre-Approved vs. Pre-Qualified
        • Pre-Approved : confirmation the lender will give you a commitment to support your purchase.
        • Pre-Qualified : an estimate of what you can afford.
        • Being pre-approved makes you a more attractive candidate to the seller when making an offer.
    • Deciding On A Mortgage
        • Fixed Rate Mortgage : the interest rate stays the same for the entire term of the loan.
        • Adjustable Rate Mortgage: the interest rate is linked to a financial index and may fluctuate with market conditions. As such, payments may vary over the life of the loan.
    • Calculating Your Budget
        • To estimate your budget, add up your total financial worth and then subtract all the cost in the purchase.
        • Some expenses you may carry:
              • Down payment
              • Mortgage
              • Insurance
              • Taxes
              • Points
              • Attorney’s fees
    • The Fun Begins
        • Before you search for your dream home, some things you should consider:
              • Size of property
              • Type of neighborhood you desire
              • Quality of school system
              • Nearby public transportation
              • Urban or suburban
    • Multiple Listings Open Houses & Special Features
        • As your Coldwell Banker ® Sales Associate, I can show you every home available on the market that meets your specific needs.
    • Online Access
        • provides access to over 600,000 properties. You can also find our properties on your smartphone!
        • A few unique features include …
    • Online Access
      • The Personal Retriever®: this convenient helper will search for a home even when you don’t have time to. Be alerted when new properties come on the market that meet your needs.
      • The Learn Section: this provides helpful articles, tips and tools for buyers such as guidelines for inspections and home maintenance costs.
      • Neighborhood Information: you’ll learn about the details of any neighborhood that interests you
    • Writing the Offer
        • Once you’ve found the perfect home, I will write up the offer and ensure all paperwork and activities are completed so you can close on your property.
    • The Closing
        • This is the meeting where the transaction is finalized. I will guide you through all closing procedures to make your home officially yours.
    • Thank You