Real Money – Real Estate
WE WOULD LIKE TO WELCOME
YOU TO TODAY’S WORKSHOP
2
THANK
YOU FOR
JOINING US!
O U R H O P E TO DAY I S TO P R O V I D E YO U W I T H
S O M E VA LUA B L E I N F O R M AT I O N , H AV E S O M E
F U N , A N D E N J OY T H I S N E X T H O U R .
2016 | The Society for Financial Awareness
3
EVALUATION FORM
Please review this
form. I will be picking
these up at the end
of the workshop.
Do note – the
backside is to be used
for your specific
questions and issues.
2016 | The Society for Financial Awareness
Issues of Real Estate
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• First time buyers money saving
secrets
• 8 tips every buyer should know
• 6 deadly sins to avoid when buying a
house in today’s market
• Things to consider when selling
your home
• Investment property what to look
for
2016 | The Society for Financial Awareness
Money Saving Secrets
5
• Don’t Get the Cart in Front of the Horse
•
•
•
•
Financing comes first
Deal with any credit issues
Pay off appropriate bills when possible
Develop a financing plan for your home
• Avoid the Urban Legends
• Repos
• Divorce
• Probate
2016 | The Society for Financial Awareness
For 1st
Time Buyers
TIPS
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8 Tips Every Buyer Must Know
1)
2)
3)
4)
Get Pre-Approved for Your Loan
• When you are pre-approved for your loan it’s walking
into the negotiations with a suit case full of money.
Beat the Competition to New Things on the Market
• How can I get there first?
Do Your Research
• Make yourself a market expert where you are looking
for a home so you will know what an appropriate
offer will be for a home
Don’t be a “Lone Wolf”
• Seek information from many sources:
Home inspectors, Internet Sites,
City & County Offices
2016 | The Society for Financial Awareness
TIPS
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8 Tips Every Buyer Must Know
5)
Prove you mean business
• Make your offer one the seller wants to accept
6) Don’t lose your head
• Don’t go crazy. Remember you may have to sell
this house one-day and overpaying, probably
doesn’t make sense.
7) Keep it simple & clean
• Make sure your offer is not over burdened
with unnecessary clauses or contingencies.
8) Be Patient!
2016 | The Society for Financial Awareness
SINS
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6 Deadly Sins to Avoid When Buying a Home
1)
The Wrong House
• Don’t do something stupid just to do
something
2) Title Trouble
• Check out the clear title of the property
to be sure it is owned by the seller, know who holds the loan and
that there are no liens
3) Survey Surprises
•
Check out the mapping of the property
to be sure where the boundaries are and
what easements exist
2016 | The Society for Financial Awareness
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EVALUATION FORM
Please take a
moment to
complete. I will be
collecting these
in a moment.
If you need a pen,
please let me know.
2016 | The Society for Financial Awareness
Thank you for your time!
Please complete your Program Evaluation.
We will be picking them up shortly.
Now would be a good time for me to answer
any particular questions you may have.