Buyers Workshop - Master
Published on Feb 23, 2016
1st Time HomeBuyer's Workshop - Class I - 3/23/16
MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
The Road Home
First Time Homebuyer's Workshop
Monty Schmidt
Presented by
Your Press Play Team
And
The Story of Doug & Sue
7 steps
- Talk to a lender
- Talk with your Agent
- Find Your Home
- Your Offer Gets Accepted
- Contingency Period
- Close Escrow
- Get Your Keys
Get Funded!
Meet with your loan officer first
YOUR MONEY PICTURE - What are we looking for on the app for a loan?
Photo by ota_photos
1st time buyer loan programs
Down payment assistance – Cal HFA
Get Funded!
Meet with your loan officer first
Step 2
Talk with your Agent
Which one is the Best?
- • Identify 10 homes on the needs analysis
- • Eliminate the 6 that don’t meet the standard
- • Carefully pick through the 3 or 4 that best match
- • Decide on the one that fits the best
Photo by Thomas Hawk
Step 4
Get Your Offer Accepted
Competitive Market Low Inventory -
Only 4 to 5 weeks in the region, which is 32% lower than last year at the same time.
Photo by danielmoyle
The best and well priced homes are selling quickly
Step 5 - Contingency period
- Disclosures
- Inspections
- Appraisal
Contingencies are a buyer's protection against losing your earnest money deposit that is usually required to open escrow.
17 & 21 days
CLOSE ESCROW
Step 6
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Step 7 Get Your Keys
BUILDING WEALTH
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Equity wins!
RENT VS BUY
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We are here to help
schedule a meeting to begin your first step
