Home Buying Webinar - Washington, DC

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    08-Jul-2015
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Transcript of Home Buying Webinar - Washington, DC

Slide 1

Home Buying ClassPresented byAmy McCarthyMeet Amy!Amy McCarthyRedfin Agent43+ Redfin buyers & sellers4.9 star rating (44 reviews)

Events: Use the agents 150x150 or 120x120 imageresize to 1x1 and place into the grey box. Depending on the content you have for each agent, you can show 1, 2 or 3 and layout 2 agents either in a row or stacked.2About RedfinA better way to buy & sell

On Your SideRedfin Agents are paid based on your satisfaction, not commission, so your interests always come first.Smarter & FasterMove quickly and confidently with our easy online tools and the most complete and accurate home sales data available.You Get MoreGet full service and better results while saving thousands in fees.100% Team SupportYoull work with a team of real estate pros, so theres always someone ready to help. AgendaLocal Real Estate TrendsHome-Buying ProcessRecapConclusion

#1.Local Real Estate TrendsFairfax Real Estate OverviewMedian List Price$525KMedian List $/Sq. Ft.$285Median Sale Price$485KMedian Sale $/Sq. Ft.$274Median Sale/List97.9%Average Number of Offers1.4Average Down Payment14.9%Number of Homes Sold233Calculated using the last 90 daysI know you wanted to use a screen shot here, butthat design is changing so filling in the numbers might be easier in the long run. Not all of this data might make it to the new Local Pages. So, you can edit as needed.

[REQUIRED Updated every time]Agents should use this slide to talk about what theyre seeing on the streetTell some stories!

6DC Real Estate OverviewMedian List Price$380KMedian List $/Sq. Ft.$439Median Sale Price$429KMedian Sale $/Sq. Ft.$494Median Sale/List99.1%Average Number of Offers2.6Average Down Payment20.2%Number of Homes Sold1151Calculated using the last 90 daysI know you wanted to use a screen shot here, butthat design is changing so filling in the numbers might be easier in the long run. Not all of this data might make it to the new Local Pages. So, you can edit as needed.

[REQUIRED Updated every time]Agents should use this slide to talk about what theyre seeing on the streetTell some stories!

7#2. Home-Buying Process

Before You BuyRent vs. ownLength of ownershipLife changes (family, job)Personal financesOverview of the Home-Buying Process1. Research2. Search for Homes3. Finance Your Home4. Make Your Offer5. Closing Process

1. ResearchHome wish listLocation & neighborhoodsMortgage loans & pre-approvalReal estate agents & reviews

2. Search for HomesCreate a wish list for home featuresCheck out open housesSee homes in person on home toursSave searches on Redfin and get notifications on the Redfin app & email

See Homes in Person

213. Finance Your HomeReview your financesCheck your credit scoreFind the right loanGet pre-approved

4. Make Your OfferPricing & comparablesCommon contingenciesNegotiationsMutual acceptance

5. Closing ProcessInspection AppraisalFinancing & approvalTitleClosing!

The Closing Process

Success! The seller has agreed with your price and terms. Youve achieved mutual acceptance.Deposit your earnest money to prove youre serious about the offer.The seller will disclose any known problems with the property.The homes owner history and title for liens, encroachments, and easements is reviewed.Schedule a professional home inspection. Your agent will have recom-mendations.Select your lender and submit your loan within three days of mutual acceptance.Take your final walkthrough to look for any issues since the inspection.Sign all of the paperwork at your signing appointment.Get your keys, take possession, and start moving!Receive your Redfin commission refund.Complete the Redfin survey for your agent.Home Inspection

Congratulations,You bought a home!

OPTION 219#3. RecapHome Buying Timeline

So, What Now?

Make sure its the right time to buy for you.Find an agent & get pre-approved for a loan.Search for homes on Redfin.com & mobile app.See homes in person & make an offer.Buy a home!Thanks for Coming!