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Real Estate for the Rest of Us

Real Estate for the Rest of Us

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Real Estate for the Rest of Us

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Presentation Transcript

  1. Real Estate for the Rest of Us

  2. Goals of Workshop • Participants will learn about the print resources that will educate them in the house buying and selling process • Participants will become familiar with the electronic resources available to support them in buying and selling a house • Participants will some of the important factors in the home buying process

  3. Key to Mastering the Real Estate Market • Do Your Homework! • Get your Financial House in order!

  4. Do Your Homework!! • Read current literature • Read local paper and Wall Street Journal • Take a workshop at an adult ed center or local community center • Do research on the real estate market in your target community.

  5. Select a specific geographic area • Length of commute/ Public transportation • School systems • Medical services • Cultural events or venues • Extended family • Recreational facilities

  6. Pre-qualify • How much can I afford ? • Get your free credit reports.

  7. Figure out what you want versus what you need

  8. Buying a House

  9. Shop for a home • Learn about home buying programs • Find a good agent • Look at properties • Go to Open Houses

  10. Pick the right home

  11. Negotiate the best deal and make the offer • Research recent real estate transactions in neighborhood

  12. Arrange for an inspection

  13. Get financing • Open escrow

  14. Close the deal

  15. Selling Your Home

  16. Preparing your home to sell Curb appeal Staging your home Check B&T for real estate transactions in your neighborhood.

  17. Go to Internet!!!! • http://realestateknapsack.wordpress.com