Tri-fold Brochure-LinkedIn
•
1 like•201 views
This document provides information and resources for foreign-born homebuyers purchasing a home in the United States. It outlines the steps to buy a home, including getting pre-qualified for a mortgage, finding an agent, making an offer, and closing the deal. It warns that foreclosure rates are higher for foreign-born buyers and recommends avoiding risky subprime loans. The document also lists financial benefits of homeownership and provides various links to resources for credit checks, affordability calculators, and finding realtors, attorneys, inspectors, and mortgages.
Report
Share
Report
Share
Download to read offline
Recommended
Title Insurance FAQ
Title insurance protects homeowners and lenders from legal problems related to ownership of a property. There are two main types of policies - an owner's policy guarantees the buyer's right to the property, while a lender's policy protects the bank that issued the mortgage. Rates and who pays for title insurance vary by state and county. A title search is conducted to ensure the seller is the legal owner and that no other claims exist on the property before it is purchased.
Title insurance industry in the u.s. – market and business opportunity. ver.1.3
The title industry generates over $13 billion in annual revenue from conducting real estate transactions. It is highly dependent on real estate markets, which fluctuate with interest rates and the economy. During the housing bubble from 2000 to 2006, industry revenue more than doubled, but fell significantly during the economic downturn from 2007 to 2009. The four largest companies, Fidelity National, First American, Stewart Title, and Old Republic, account for around 90% of the market. An abstract of title chronicles all legal documents pertaining to a property that affect ownership, such as deeds, mortgages, and tax records.
Understanding Title Insurance (Fsco)
This document provides an overview of title insurance. It discusses what title and title insurance are, when title insurance may be needed, what types of losses it covers and does not cover, how to purchase it, and what to do if you need to make a claim. Specifically, it notes that title insurance protects against unknown title defects, liens, and other issues affecting ownership. It also outlines that residential policies cover homes and condos, while commercial policies cover other property types like offices and stores. The document advises reading policies carefully to understand coverage and exclusions.
First time buying home
The state and National laws that support fair housing and protect consumers, Types of mortgage loans, Risks of subprime loans
A non residents guide to buying property in florida
This document provides an overview of the process and key considerations for non-residents buying property in Florida. It discusses choosing reputable developers and investigating sellers' backgrounds. Original home purchases provide more protections than resales. The document also outlines immigration laws allowing British citizens to live in Florida up to six months per year or obtain visas by investing or starting a business. Steps in buying property include knowing the property, contract terms, costs, zoning, financing options, legal rights, and consulting professionals.
Re Professionals 2009
Presented by W.R. McKenzie, Stanislaus County Deputy District Attorney at the Modesto Real Estate Marketing Meeting on Wednesday, October 28, 2009.
Equipment Financing With Bad Credit
Most lenders require a minimum credit score of 650 to finance equipment, but private lenders may provide funding even with lower credit scores. To strengthen deals with private lenders and offset risk for deals with poor credit, borrowers can get a cosigner, make a large down payment, or offer collateral. Specialty lenders may consider financing heavy equipment like trucks even with low credit scores, although very risky deals will have higher payments than low-risk deals.
Aria Financial HOA
The document discusses an HOA lien investment program offered by Aria Financial. It provides benefits such as guaranteed high returns between 12-18%, pre-vetted investments, property management to ensure renters, and secured/insured investments. The program allows investors to purchase HOA liens before properties go to auction at discounted prices. This provides opportunities for quick profits as the investors earn dividends while waiting for bank foreclosure proceedings, which can take years. The Aria Group manages the program and provides legal and real estate services to investors.
Recommended
Title Insurance FAQ
Title insurance protects homeowners and lenders from legal problems related to ownership of a property. There are two main types of policies - an owner's policy guarantees the buyer's right to the property, while a lender's policy protects the bank that issued the mortgage. Rates and who pays for title insurance vary by state and county. A title search is conducted to ensure the seller is the legal owner and that no other claims exist on the property before it is purchased.
Title insurance industry in the u.s. – market and business opportunity. ver.1.3
The title industry generates over $13 billion in annual revenue from conducting real estate transactions. It is highly dependent on real estate markets, which fluctuate with interest rates and the economy. During the housing bubble from 2000 to 2006, industry revenue more than doubled, but fell significantly during the economic downturn from 2007 to 2009. The four largest companies, Fidelity National, First American, Stewart Title, and Old Republic, account for around 90% of the market. An abstract of title chronicles all legal documents pertaining to a property that affect ownership, such as deeds, mortgages, and tax records.
Understanding Title Insurance (Fsco)
This document provides an overview of title insurance. It discusses what title and title insurance are, when title insurance may be needed, what types of losses it covers and does not cover, how to purchase it, and what to do if you need to make a claim. Specifically, it notes that title insurance protects against unknown title defects, liens, and other issues affecting ownership. It also outlines that residential policies cover homes and condos, while commercial policies cover other property types like offices and stores. The document advises reading policies carefully to understand coverage and exclusions.
First time buying home
The state and National laws that support fair housing and protect consumers, Types of mortgage loans, Risks of subprime loans
A non residents guide to buying property in florida
This document provides an overview of the process and key considerations for non-residents buying property in Florida. It discusses choosing reputable developers and investigating sellers' backgrounds. Original home purchases provide more protections than resales. The document also outlines immigration laws allowing British citizens to live in Florida up to six months per year or obtain visas by investing or starting a business. Steps in buying property include knowing the property, contract terms, costs, zoning, financing options, legal rights, and consulting professionals.
Re Professionals 2009
Presented by W.R. McKenzie, Stanislaus County Deputy District Attorney at the Modesto Real Estate Marketing Meeting on Wednesday, October 28, 2009.
Equipment Financing With Bad Credit
Most lenders require a minimum credit score of 650 to finance equipment, but private lenders may provide funding even with lower credit scores. To strengthen deals with private lenders and offset risk for deals with poor credit, borrowers can get a cosigner, make a large down payment, or offer collateral. Specialty lenders may consider financing heavy equipment like trucks even with low credit scores, although very risky deals will have higher payments than low-risk deals.
Aria Financial HOA
The document discusses an HOA lien investment program offered by Aria Financial. It provides benefits such as guaranteed high returns between 12-18%, pre-vetted investments, property management to ensure renters, and secured/insured investments. The program allows investors to purchase HOA liens before properties go to auction at discounted prices. This provides opportunities for quick profits as the investors earn dividends while waiting for bank foreclosure proceedings, which can take years. The Aria Group manages the program and provides legal and real estate services to investors.
HOM INtro #14: Who You Gonna Call?
If you are behind on your mortgage and you’ve tried to reach someone at the bank to discuss your situation, then I am sure you are familiar with the run-around you get when you try to discuss your situation. It almost seems like they don’t want to help—one department doesn’t seem to have a clue what the other does or what is required. You can talk to 5 different people on five days in one week and get five different responses –to the same questions.
It’s enough to make you want to hurt somebody.
Instead of resorting to violence, may we suggest you call the GUARANTOR who insures your loan for some back up? Since they stand to lose the most if there is a foreclosure they have a vested interest in trying to facilitate a workout –if you have reasonable chance of being able to make the payment.
Additionally, if you’re trying to get a short sale approved and the lender/servicer is being unreasonable about the amount which is needed or has set some unrealistic stipulations for a closing, you could get support from this—YOUR SILENT PARTNER—in getting a resolution.
Civil fraud seminar 12th February 2013
Civil fraud claims can arise when one party acts dishonestly or deceitfully against another party for personal gain. There are overlapping criminal and civil aspects of fraud. In civil cases, the burden of proof is on a balance of probabilities, making fraud easier to prove than in criminal cases where it must be proven beyond reasonable doubt. Common civil fraud claims include deceit, unjust enrichment, breach of fiduciary duty, and dishonest or knowing assistance. Key considerations in civil fraud claims include identifying assets, preserving assets through freezing orders, being aware of potential interactions with criminal proceedings, and notifications to authorities regarding potential criminal conduct.
Flying high above clouded skies
This document discusses a short sale transaction involving an investor, Paulina, who acted as both the buyer and seller of a property. Working with negotiators Brian Kissinger and Catherine Kaufer, they were able to purchase the property for $550,000 after negotiating the price down from $700,000 and $185,000 owed on the first and second mortgages respectively, realizing a $194,847 profit within 54 days. The document then provides an overview of important considerations and strategies for negotiating successful short sales.
Equipment Leasing & Financing Costs, Rates, and Payments
The document discusses factors that affect equipment financing rates. Rates are typically lower for larger transactions than smaller ones, and your bank may offer the lowest rates if you qualify for their loans. Equipment financing companies help the many small businesses that do not qualify for bank loans or dealer financing and have higher rates, especially for riskier situations. The document warns that advertised rates under 5% are rarely attainable and companies advertising unrealistic terms may use bait-and-switch tactics.
Trust Law And Potential Changes In Nz
Trust and Family Trust Law in New Zealand. Proposed law changes for 2011 by Lawyer Ian Mellett of Quay Law NZ (Remuera, Auckland)
Sharif 10mins 30th July 10
Revolution Financial Services is a mortgage advisory firm that has been in business for two years. It provides whole of market mortgage advice and works with a network of professional referrals, including letting agents, solicitors, insurance brokers, and others. The document discusses the company's history and the impact of the financial crisis on the mortgage market. It then profiles two client case studies and outlines the types of referrals the company receives and generates for its business partners.
Dynamic Finance Presentation
Seller financing options are discussed as an alternative to traditional mortgages. Three main options are covered: lease options, contracts for deed, and installment land contracts. Legal and real estate professionals provide guidance on properly structuring and closing these types of transactions. Education is emphasized as key to ensuring the credibility and comfort of all parties involved.
Presentation Package
This document provides an overview of an escrow and why it is needed for a real estate transaction. An escrow guarantees concurrent performance by ensuring the deed and funds are transferred at the same time. It protects all parties by having a neutral third party, the escrow holder, manage documents and funds according to the escrow instructions. This minimizes the risk of fraud or terms not being met. The escrow holder has a legal obligation to safeguard everyone's interests. Escrow enables buyers and sellers to transact with minimal risk by placing responsibility for handling funds and documents with an impartial party unaffected by the outcome.
Should I Short Sale My Home - Chapter 5
The document discusses various foreclosure scams homeowners may encounter and provides tips to avoid them. It outlines common scams like equity skimming, bait-and-switch, and phantom foreclosure assistance. These scams typically involve signing over the deed to the property with false promises that the homeowner can remain or buy it back. The document warns homeowners not to sign documents they don't understand or feel pressured to sign, and to only make payments to the lender directly. It also recommends nonprofit foreclosure assistance programs over for-profit companies.
Be Invested
Carla Hall is a title agent whose job is to handle property transactions and issue title insurance policies to protect homeowners from legal issues that could disrupt their ownership. As a title agent, she conducts closings, processes paperwork, and issues insurance policies to buyers that protect them from "clouds" on the title like errors or undisclosed heirs that could allow others to claim ownership. She explains that her role is to ensure homeowners receive clear and legitimate ownership by clearing up any title defects, which her insurance would then cover the costs of defending. While most people don't understand her role, title insurance provides important protection for homeowners that can save them significant legal fees if any title issues emerge after the purchase.
Foreclosure alternative-short-sale
The document discusses how a short sale is a better alternative to foreclosure when facing financial hardship and losing one's home, as it allows homeowners to exit their property more gracefully. It explains the advantages and disadvantages of a short sale compared to foreclosure, and provides details on the Home Affordable Foreclosure Alternatives (HAFA) program which provides incentives to lenders and homeowners to pursue a short sale over foreclosure. The document also offers guidance on how homeowners can proceed with a short sale by finding an experienced real estate agent and gathering evidence of financial hardship.
Preparing the contract, Doug Locke
This document provides an overview of key considerations for preparing contracts, including intellectual property rights, contract terms, change management, warranties, payments, termination, and dispute resolution. It discusses duties of good faith, exclusions of liability, and different levels of endeavors clauses. The document uses examples from case law, such as Compass Group v Mid Essex NHS Trust and Jet2 v Blackpool Airport, to illustrate how these concepts have been applied and interpreted.
Secrets about foreclosure 1
This document discusses foreclosure, including what it involves, common scams to avoid, predatory lending practices, and possible solutions to stop foreclosure such as loan modifications, short sales, and deeds in lieu of foreclosure. It also outlines different types of foreclosures including judicial and non-judicial, and explains that it is possible to stall or stop foreclosure by bringing loan payments current, renegotiating terms, or declaring bankruptcy. Finally, it promotes the law firm of Allmand & Lee for their experience and focus in handling consumer bankruptcy cases to help families avoid financial disaster and resolve their issues.
AAG Mineola- 10.5 x 10.5
The document discusses how reverse mortgages allow homeowners aged 62 and older to access equity in their homes as cash without requiring monthly mortgage payments. It notes that many seniors rely on home equity for over half their net worth and use reverse mortgages to fund living expenses and retirement. While some misconceptions about reverse mortgages exist, over 95% of clients surveyed were satisfied, as reverse mortgages provide extra cash and payment of existing mortgages. The document encourages homeowners to learn more about how a reverse mortgage could help them enjoy retirement.
Chapter 11sections 1-2
This document summarizes key points from a business law textbook chapter on illegal contracts. It describes how contracts can be considered illegal if they involve criminal plans, violate public policy, or contravene statutes. Specific illegal agreements discussed include gambling, usurious interest rates, and restraint of trade. The summary also examines how courts may treat the parties in illegal contracts differently depending on common law versus the Uniform Commercial Code. Under common law, courts generally refuse to enforce illegal contracts or help either party. However, there are some exceptions like if one party was protected or excusably ignorant. The UCC also considers unconscionable contracts unenforceable.
Home Foreclosure Alternatives
What is a Short Sale?
Have you already defaulted?
What Options are available?
Do you fear defaulting on your Mortgage?
LEARN your options from professionals in the field of lending, real estate, and foreclosure prevention.
UNDERSTAND tax penalties and other consequences of loan default, loan modification, or bankruptcy, the difference between a short sale and a foreclosure, and much more!
Did you know you may be eligible to receive money back from the bank at the close of your Short Sale?
Property division & valuation
In order to make an informed decision regarding property division, one must have a complete understanding of all assets. Community property is divisible by the court not separate property.
Don’t sign your life away, be wary of debt deals
The document discusses issues with debt agreement companies in Australia, including misleading marketing tactics. It notes that debt agreements are becoming more common as more Australians struggle with mortgage and credit card debt. However, the document warns that debt agreements are similar to bankruptcy and can negatively impact people's credit for 7 years. It recommends people consider all options like negotiating with creditors or debt consolidation before pursuing a debt agreement.
Buyer Presentation
This document provides information for first-time home buyers, including tips for the home buying process. It discusses getting pre-approved for a loan, developing a property wish list, understanding budgets and expenses, working with a lender, title insurance, and other key steps. The "Ten Commandments of Buying a Home" cautions buyers not to make major financial changes during the loan process that could impact their approval.
Your First Home By The Book Seminar
The document discusses buying a home, including common fears about the process and facts to address those fears. It outlines eight steps to successful home ownership: deciding to buy, hiring an agent, securing financing, finding a home, making an offer, performing due diligence, closing, and protecting your investment. Key aspects of each step are summarized, such as different financing options, components of a purchase offer, and responsibilities during closing. The importance of ongoing home maintenance is also emphasized.
Your First Home
The document provides information about buying a home, including fears about affording it and facts addressing those fears. It outlines an $8,000 tax credit for first-time home buyers and eligibility requirements. It then discusses the eight steps to home ownership, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, due diligence, closing, and protecting the investment.
Your First Home By The Book Seminar
The document provides information about buying a home, including fears about affording it and facts addressing those fears. It outlines an $8,000 tax credit for first-time home buyers and eligibility requirements. It then discusses the eight steps to home ownership, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, due diligence, closing, and protecting the investment.
More Related Content
What's hot
HOM INtro #14: Who You Gonna Call?
If you are behind on your mortgage and you’ve tried to reach someone at the bank to discuss your situation, then I am sure you are familiar with the run-around you get when you try to discuss your situation. It almost seems like they don’t want to help—one department doesn’t seem to have a clue what the other does or what is required. You can talk to 5 different people on five days in one week and get five different responses –to the same questions.
It’s enough to make you want to hurt somebody.
Instead of resorting to violence, may we suggest you call the GUARANTOR who insures your loan for some back up? Since they stand to lose the most if there is a foreclosure they have a vested interest in trying to facilitate a workout –if you have reasonable chance of being able to make the payment.
Additionally, if you’re trying to get a short sale approved and the lender/servicer is being unreasonable about the amount which is needed or has set some unrealistic stipulations for a closing, you could get support from this—YOUR SILENT PARTNER—in getting a resolution.
Civil fraud seminar 12th February 2013
Civil fraud claims can arise when one party acts dishonestly or deceitfully against another party for personal gain. There are overlapping criminal and civil aspects of fraud. In civil cases, the burden of proof is on a balance of probabilities, making fraud easier to prove than in criminal cases where it must be proven beyond reasonable doubt. Common civil fraud claims include deceit, unjust enrichment, breach of fiduciary duty, and dishonest or knowing assistance. Key considerations in civil fraud claims include identifying assets, preserving assets through freezing orders, being aware of potential interactions with criminal proceedings, and notifications to authorities regarding potential criminal conduct.
Flying high above clouded skies
This document discusses a short sale transaction involving an investor, Paulina, who acted as both the buyer and seller of a property. Working with negotiators Brian Kissinger and Catherine Kaufer, they were able to purchase the property for $550,000 after negotiating the price down from $700,000 and $185,000 owed on the first and second mortgages respectively, realizing a $194,847 profit within 54 days. The document then provides an overview of important considerations and strategies for negotiating successful short sales.
Equipment Leasing & Financing Costs, Rates, and Payments
The document discusses factors that affect equipment financing rates. Rates are typically lower for larger transactions than smaller ones, and your bank may offer the lowest rates if you qualify for their loans. Equipment financing companies help the many small businesses that do not qualify for bank loans or dealer financing and have higher rates, especially for riskier situations. The document warns that advertised rates under 5% are rarely attainable and companies advertising unrealistic terms may use bait-and-switch tactics.
Trust Law And Potential Changes In Nz
Trust and Family Trust Law in New Zealand. Proposed law changes for 2011 by Lawyer Ian Mellett of Quay Law NZ (Remuera, Auckland)
Sharif 10mins 30th July 10
Revolution Financial Services is a mortgage advisory firm that has been in business for two years. It provides whole of market mortgage advice and works with a network of professional referrals, including letting agents, solicitors, insurance brokers, and others. The document discusses the company's history and the impact of the financial crisis on the mortgage market. It then profiles two client case studies and outlines the types of referrals the company receives and generates for its business partners.
Dynamic Finance Presentation
Seller financing options are discussed as an alternative to traditional mortgages. Three main options are covered: lease options, contracts for deed, and installment land contracts. Legal and real estate professionals provide guidance on properly structuring and closing these types of transactions. Education is emphasized as key to ensuring the credibility and comfort of all parties involved.
Presentation Package
This document provides an overview of an escrow and why it is needed for a real estate transaction. An escrow guarantees concurrent performance by ensuring the deed and funds are transferred at the same time. It protects all parties by having a neutral third party, the escrow holder, manage documents and funds according to the escrow instructions. This minimizes the risk of fraud or terms not being met. The escrow holder has a legal obligation to safeguard everyone's interests. Escrow enables buyers and sellers to transact with minimal risk by placing responsibility for handling funds and documents with an impartial party unaffected by the outcome.
Should I Short Sale My Home - Chapter 5
The document discusses various foreclosure scams homeowners may encounter and provides tips to avoid them. It outlines common scams like equity skimming, bait-and-switch, and phantom foreclosure assistance. These scams typically involve signing over the deed to the property with false promises that the homeowner can remain or buy it back. The document warns homeowners not to sign documents they don't understand or feel pressured to sign, and to only make payments to the lender directly. It also recommends nonprofit foreclosure assistance programs over for-profit companies.
Be Invested
Carla Hall is a title agent whose job is to handle property transactions and issue title insurance policies to protect homeowners from legal issues that could disrupt their ownership. As a title agent, she conducts closings, processes paperwork, and issues insurance policies to buyers that protect them from "clouds" on the title like errors or undisclosed heirs that could allow others to claim ownership. She explains that her role is to ensure homeowners receive clear and legitimate ownership by clearing up any title defects, which her insurance would then cover the costs of defending. While most people don't understand her role, title insurance provides important protection for homeowners that can save them significant legal fees if any title issues emerge after the purchase.
Foreclosure alternative-short-sale
The document discusses how a short sale is a better alternative to foreclosure when facing financial hardship and losing one's home, as it allows homeowners to exit their property more gracefully. It explains the advantages and disadvantages of a short sale compared to foreclosure, and provides details on the Home Affordable Foreclosure Alternatives (HAFA) program which provides incentives to lenders and homeowners to pursue a short sale over foreclosure. The document also offers guidance on how homeowners can proceed with a short sale by finding an experienced real estate agent and gathering evidence of financial hardship.
Preparing the contract, Doug Locke
This document provides an overview of key considerations for preparing contracts, including intellectual property rights, contract terms, change management, warranties, payments, termination, and dispute resolution. It discusses duties of good faith, exclusions of liability, and different levels of endeavors clauses. The document uses examples from case law, such as Compass Group v Mid Essex NHS Trust and Jet2 v Blackpool Airport, to illustrate how these concepts have been applied and interpreted.
Secrets about foreclosure 1
This document discusses foreclosure, including what it involves, common scams to avoid, predatory lending practices, and possible solutions to stop foreclosure such as loan modifications, short sales, and deeds in lieu of foreclosure. It also outlines different types of foreclosures including judicial and non-judicial, and explains that it is possible to stall or stop foreclosure by bringing loan payments current, renegotiating terms, or declaring bankruptcy. Finally, it promotes the law firm of Allmand & Lee for their experience and focus in handling consumer bankruptcy cases to help families avoid financial disaster and resolve their issues.
AAG Mineola- 10.5 x 10.5
The document discusses how reverse mortgages allow homeowners aged 62 and older to access equity in their homes as cash without requiring monthly mortgage payments. It notes that many seniors rely on home equity for over half their net worth and use reverse mortgages to fund living expenses and retirement. While some misconceptions about reverse mortgages exist, over 95% of clients surveyed were satisfied, as reverse mortgages provide extra cash and payment of existing mortgages. The document encourages homeowners to learn more about how a reverse mortgage could help them enjoy retirement.
Chapter 11sections 1-2
This document summarizes key points from a business law textbook chapter on illegal contracts. It describes how contracts can be considered illegal if they involve criminal plans, violate public policy, or contravene statutes. Specific illegal agreements discussed include gambling, usurious interest rates, and restraint of trade. The summary also examines how courts may treat the parties in illegal contracts differently depending on common law versus the Uniform Commercial Code. Under common law, courts generally refuse to enforce illegal contracts or help either party. However, there are some exceptions like if one party was protected or excusably ignorant. The UCC also considers unconscionable contracts unenforceable.
Home Foreclosure Alternatives
What is a Short Sale?
Have you already defaulted?
What Options are available?
Do you fear defaulting on your Mortgage?
LEARN your options from professionals in the field of lending, real estate, and foreclosure prevention.
UNDERSTAND tax penalties and other consequences of loan default, loan modification, or bankruptcy, the difference between a short sale and a foreclosure, and much more!
Did you know you may be eligible to receive money back from the bank at the close of your Short Sale?
Property division & valuation
In order to make an informed decision regarding property division, one must have a complete understanding of all assets. Community property is divisible by the court not separate property.
Don’t sign your life away, be wary of debt deals
The document discusses issues with debt agreement companies in Australia, including misleading marketing tactics. It notes that debt agreements are becoming more common as more Australians struggle with mortgage and credit card debt. However, the document warns that debt agreements are similar to bankruptcy and can negatively impact people's credit for 7 years. It recommends people consider all options like negotiating with creditors or debt consolidation before pursuing a debt agreement.
What's hot (18)
Equipment Leasing & Financing Costs, Rates, and Payments
Equipment Leasing & Financing Costs, Rates, and Payments
Similar to Tri-fold Brochure-LinkedIn
Buyer Presentation
This document provides information for first-time home buyers, including tips for the home buying process. It discusses getting pre-approved for a loan, developing a property wish list, understanding budgets and expenses, working with a lender, title insurance, and other key steps. The "Ten Commandments of Buying a Home" cautions buyers not to make major financial changes during the loan process that could impact their approval.
Your First Home By The Book Seminar
The document discusses buying a home, including common fears about the process and facts to address those fears. It outlines eight steps to successful home ownership: deciding to buy, hiring an agent, securing financing, finding a home, making an offer, performing due diligence, closing, and protecting your investment. Key aspects of each step are summarized, such as different financing options, components of a purchase offer, and responsibilities during closing. The importance of ongoing home maintenance is also emphasized.
Your First Home
The document provides information about buying a home, including fears about affording it and facts addressing those fears. It outlines an $8,000 tax credit for first-time home buyers and eligibility requirements. It then discusses the eight steps to home ownership, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, due diligence, closing, and protecting the investment.
Your First Home By The Book Seminar
The document provides information about buying a home, including fears about affording it and facts addressing those fears. It outlines an $8,000 tax credit for first-time home buyers and eligibility requirements. It then discusses the eight steps to home ownership, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, due diligence, closing, and protecting the investment.
Yourfirsthomebythebookseminar 090616113558 Phpapp01
The document provides information about buying a home, including fears about affording it and facts addressing those fears. It outlines an $8,000 tax credit for first-time home buyers and eligibility requirements. It then discusses the eight steps to home ownership, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, due diligence, closing, and protecting the investment.
Your First Home By The Book Seminar Us Jim Gatos
The document provides an overview of the home buying process. It discusses common fears about buying a home and provides facts to address those fears. It then outlines eight steps to successful home ownership: deciding to buy, hiring an agent, securing financing, finding a home, making an offer, performing due diligence, closing, and protecting your investment. Throughout, it provides tips and advice related to each step of the process.
Buyer presentation
This document provides information to help buyers in the home buying process. It includes details on Beth Larson's real estate services, the benefits of home ownership, tips for first-time buyers, steps to prepare for ownership, budget and wish list worksheets, questions for lenders, checklists for loan applications and title insurance, and "Ten Commandments" for buyers to follow when going through the buying process.
Your First Home
The document outlines the steps and considerations for buying a home, including deciding to buy, hiring an agent, securing financing, finding a home, making an offer, performing due diligence like inspections, closing on the purchase, and protecting your investment after buying. It addresses common fears about buying a home and provides facts to counter those fears. The presentation also provides tips on maintaining a home and building wealth through home ownership over the long run.
Tips for first-home buyers
This document provides tips for first-time home buyers in New Zealand. It recommends that now is a good time to buy a house given historically low interest rates and a more stable housing market. It offers advice on getting approved for a home loan, such as maintaining good credit, saving for a deposit, and keeping debts low. It also suggests steps for properly checking a prospective property, like getting a LIM report and building inspection. Finally, it outlines various costs associated with the home buying process, such as LIM reports, inspections, and conveyancing fees.
HUD Settlement Costs Booklet
This document provides an overview of the home buying process, including determining affordability and readiness, shopping for a home and loan, and the closing process. Key points covered include:
- Factors to consider in determining if you are ready to buy a home and what price range is affordable based on income and expenses.
- Roles of real estate agents, attorneys, and lenders in the home buying process.
- Important terms to consider in a sales agreement such as the mortgage clause, settlement costs, and inspections.
- Steps for shopping for a loan including different loan types and programs, the Good Faith Estimate, and settlement services.
- Details on closing including the HUD-
2015 Buyer's Guide
This document provides information about home buying and working with Lawyers Title of Arizona. It discusses Lawyers Title's services, advantages to home ownership like building equity and tax benefits, and an overview of the typical home buying process. It also includes checklists for buyers to consider when purchasing new homes, previously owned homes, or undeveloped land. The document defines important terms and outlines typical closing costs and which party usually pays certain fees.
Don’t make these 4(finished)
Buying a home without proper planning can lead to common mistakes. Procrastinating your home search can mean missing out on desirable properties that go under contract quickly. It's important to get pre-qualified for a mortgage so you know your budget and are seen as a serious buyer. Assumptions about taxes and insurance being the same as a listing are risky, so get independent quotes before making an offer. Thorough inspections are also necessary to catch any issues and avoid costly repairs later on.
All buyerhandouts.doc (1)
The document summarizes common mistakes made by first-time home buyers and tips to avoid them. The top 5 mistakes are: 1) Not asking their lender enough questions to get the best mortgage deal. 2) Not making a quick decision, allowing other buyers to purchase the home first. 3) Not finding the right real estate agent to guide them through the process. 4) Not making their offer appealing to sellers. 5) Not considering resale value when choosing a home since first-time buyers typically stay in a home for only 4 years.
HUD Consumer Settlement Booklet
This document provides an overview of the home buying process, including determining affordability and readiness, shopping for a home and loan, and understanding important documents like the Good Faith Estimate and HUD-1 Settlement Statement. Key sections discuss determining what you can afford based on income and expenses, the roles of real estate agents and attorneys in home shopping, important terms to consider in a sales agreement like the mortgage clause, and settlement costs. The appendix includes additional resources like a worksheet to determine affordability and a glossary of terms.
Settlement Booklet - Revised 01-06-2010
This is the most recent HUD Settlement Cost Booklet. The information is very similar, with some corrections for minor detail
HUD Settlement Costs Booklet - Revised 8-17-2010
This is the most recent HUD Settlement Cost Booklet. The information is very similar, with some corrections for minor detail
First time buyer
This document provides information about buying a home, including why 2012 is a good time to buy due to low prices and interest rates. It outlines the steps to purchasing a home, including getting pre-approved for a mortgage, finding an agent, making an offer, completing inspections and appraisals, and closing. Requirements for obtaining a mortgage like income documentation are also listed. The importance of home insurance is emphasized by the analogy that just like cars require insurance, homes should be insured as well. The document encourages readers to ask any questions and states the presenters look forward to providing future assistance.
The Home Buyer Checklist - 10 Steps to Buying Your Home with Confidence
If you're buying a home, consult this checklist from Paradise Coast Title & Escrow in Naples, FL, and be prepared for every step of the homebuying process.
The Homebuyers Checklist
Paradise Coast Title & Escrow share with you The Homebuyer Checklist, a 10 step guide to buying your next home with confidence. Perfect for Florida home buyers.
Buying a Home
Buying a Home - Illustrated Guide by Tom Glass. Co-Branded with Rich Margarino
Specific to South Carolina
Similar to Tri-fold Brochure-LinkedIn (20)
Yourfirsthomebythebookseminar 090616113558 Phpapp01
Yourfirsthomebythebookseminar 090616113558 Phpapp01
The Home Buyer Checklist - 10 Steps to Buying Your Home with Confidence
The Home Buyer Checklist - 10 Steps to Buying Your Home with Confidence
Tri-fold Brochure-LinkedIn
- 1. Need an experienced and Lithuanian-Speaking Attorney? Call the Law Office of Vytenis Lietuvninkas 773-284-0100 info@1honestlawyer.com Copyright © 2016 by Evelina Maciulis. All rights reserved. Beware of Potential Mortgage Loan Dangers Financial Benefits of Homeownership The Wrong Type of Loan May Put You at Higher Risk for Foreclosure Purchasing Your Home: A Guide for Foreign- Born Homebuyers. Be an Informed Buyer The foreclosure rate is higher among foreign-born buyers than native-born buyers. Foreclosure is a legal process in which a lender takes possession of a property after an owner defaults on the mortgage. Avoid these types of subprime loans if possible: ARMs (Adjustable Rate Mortgage) Interest Only ARMs Interest-Only Mortgage 40-Year Fixed Rate Mortgage Low Down Payment Loan Fell behind your Mortgage Payments? Hope Now is industry-led alliance to help. Call 1-888-995-HOPE Neighbor Works America provides foreclosure workshops. http://www.nw.org Buying is cheaper than renting in the long term Mortgage interest and real estate taxes are tax deductible Property value typically increases over time A hedge against mortgage rate inflation with a low fixed rate loan. Improvements made to the property benefit the homeowner directly. Congratulations! You’ve made the important decision to buy your own home. This brochure will help you navigate through the home buying process and provide useful information. You can always call our office 773- 284-0100 for more information on home buying.
- 2. ResourcesHow To Buy Your Home 1. Start with your credit Unless you are purchasing your home with cash, your credit score is crucial to helping you obtain financing. A credit score of 620 is typically considered the minimum for a prime loan. Scores less than 620 might require a loan with less than best interest rates. Check online for your free credit report or consult a mortgage lender. 2. Set your budget Know how much house you can afford. Use an online calculator and/or a handy government resource. 3. Get pre-qualified A mortgage lender will evaluate the amount of you can borrower based upon income, debt, savings and other factors. 4. Find an agent Select at least three Realtors® and choose the most knowledgeable. A co-ethnic Realtor® can mediate between your and American cultures. A personal referral from family or friends is an excellent source. 5. Search for a home Your Realtor® will present to you a list of available homes based upon your requirements, such as size, features, location and affordability. 6. Visit multiple properties of interest Choose homes from your Realtor’s® list to determine which one(s) most suit your desires. 7. Make an offer Your Realtor® will present an offer on your behalf, which will typically be different than the asking price. 8. Anticipate negotiation The seller will typically make a counter-offer. With the advice of your Realtor®, accept that counter-offer or continue to negotiation. 9. Enter a contract With you and the seller agreeable to a price, your Realtor® will draw up an official sales contract. The contract may be contingent on factors such as a home inspection and your ability to obtain a loan. 10.Hire an attorney It is strongly encouraged to have legal representation from the moment you sign a contract until you close on your home. Obtain a home inspection A home inspection will help protect you with issues such as radon, mold, termites and structural/mechanical concerns. Secure a loan Obtain information from several lenders, including local banks, mortgage companies, credit unions. Once you know what each lender has to offer, negotiate the best deal that you can. Close the deal All parties gather at the title company to finalize the purchase of the home. Free credit score check: https://www.creditkarma.com Online affordability calculator: http://money.cnn.com/calculato r/real_estate/home- afford/?iid=EL Home economics pamphlet http://portal.hud.gov/hudportal /documents/huddoc?id=homeec onomics-en.pdf Find a Realtor® http://www.realtor.com/realesta teagents/?agtid=383830 Search for an attorney https://www.iardc.org/lawyerse arch.asp Find a home inspector http://www.homeinspector.org/ HomeInspectors/Find Shop for a mortgage http://www.hud.gov/buying/bo oklet.pdf Better Business Bureau http://www.bbb.org Check on company’s profile https://www.linkedin.com/