How to Buy your First House AND Save Thousands of Dollars!
What you'll learn
- Learn how to save thousands of dollars throughout the house buying process
- Understand the house buying process from start to finish
- Get first hand examples of a purchase agreement, seller's property disclosure, appraisal report etc
- Understand how expensive of a home their can afford
- Know where to look for great deals on homes
Requirements
- Internet Research & basic calculations
Description
** NEW CONTENT/RESOURCES ADDED as per Student Request **
Learn how to buy a house right the first time and save thousands of dollars in the process. I will walk you through, step-by-step in full transparency on the full house buying purchase process from start to finish, how to think about buying a home, where to find the best deals and how I saved over $90,000 on a $198,000 house. This course is a MUST for First Time Home Buyers!
By the end of the course you'll walk away well prepared knowing for the entire home buying process:
How much of a home you can really afford (based on income and savings)
Pros and Cons of Buying vs. Renting & Buying vs. Building
A Balanced Approach to House Buying, taking into consideration Finances, Function & Preferences
A 5 Factor Analysis to Comprehensively Review the Factors that Impact Your Ability to Buy a Home
How to Manage Your Finances and Understand if You're Saving Enough
The Full House Purchase Process from Start to Finish
The Key Terms You Need to Negotiate in the Purchase Process
Pitfalls to Avoid
How to Compare Different Homes with Simple Valuation Techniques
Why Your Credit Score Matters and How to Improve It
The Types of Financing Available
The Loan Pre-Approval & Approval Process
Concrete Action Steps You Can Do NOW to prepare yourself for Success when Buying a Home
How I Found My Deal
How I Saved Over $90,000 on a $198,000 Home and How You Can Too!
Here are a few of the resources I'll be sharing with you (with a video explanation & download for you to fill out):
My Actual Real Estate Sale & Purchase Agreement
My Actual Credit Report
My Actual Seller's Property Condition Disclosure Form
My Actual Loan Pre Qualification Letter
My Actual Home Inspection Report
My Actual Home Appraisal Report
My Actual Loan Closing Disclosure
I'll also be giving you Custom Checklists & Resources that I made to make the First Time Home Buying Process Much Smoother:
Home Buying Timeline Management Checklist (to help you keep track of what's done & what isn't)
Financial Checklist (to help you keep track of the many costs, so there aren't any surprises)
Family Income Statement (to help you know where you're at financially and what you can afford)
Functional Checklist (to make sure you're getting all of the features you want & need in your home)
Preferences Checklist (to help you keep track of which home you liked and why as you view many properties)
Lender Comparison Sheet (to help you compare lenders apples to apples across multiple loan estimate formats)
Disclosure:
In the interest of full transparency, please note that I am not a licensed real estate professional, and do not have the same level of technical experience and understanding that a real estate agent, broker, title agent, real estate attorney or other such professional will have. This course is based on the actual process that I went through in buying my home, and the hours and hours of research, interviews and ground work that I did in order to get a great deal. I believe that as one new home buyer to another, that this course will be of great value to you, I just want to be transparent and up-front.
I did save over $90,000 on my home purchase, which is over the course of the life of the loan. It is important to consider out of pocket expenses today, as well as into the future. I have not adjusted this number for "net present value" or inflation or any other financial techniques to increase it. I have simply added up the savings I will be enjoying today, and over the course of the loan and report them as is.
Who this course is for:
- Anyone who is in the process of searching for a house, or plans to buy one in the future and wants to buy right the first time
- Anyone who wants to save thousands of dollars buying their first home
- Anyone who is willing to put in the work required to get results
Instructor
- 4.4 Instructor Rating
- 170 Reviews
- 1,253 Students
- 2 Courses
As a student of Life, I have had a passion for learning from a young age. 4 years living in Japan as a student learning the culture and language, business practices and philosophy continued that theme for me, and another 4 years in Thailand and 3 in India professionally helped add additional perspective on business practices, mindsets and work styles. I've now come full circle and am back living and working in the US, a proud homeowner and father of three girls.
Life has provided me with gentle learning opportunities, as well as challenging ones. I've overcome feelings of isolation and extreme loneliness, as a 15 year old high school exchange student in Japan, who couldn't speak the language or had anyone to talk to...for six months, until I broke through and (finally) became fluent in conversational Japanese.
I've had to learn how to manage finances, after getting let go after only four months due to the Financial Crisis, changing not only cities, but countries as well...this happened to me 3 times...back-to-back.
I started up the India subsidiary of our advertising agency's parent company, and moved there as the first employee, with no customers and little financing and over three years built a team and business that grew from nothing to well over a million dollars in annual sales. India is a country that is rich in history and culture, which varies greatly region-by-region, and so learning enough to have credibility in terms of understanding the Indian consumer and different business practices and communication and work styles was a great lesson.
I've worked in startups in Vietnam that had great growth but lacked in organization, and helped them gain structure, processes and accountability.
I've taught English part time, and learned how to carry a conversation with anyone for at least two hours, even when English is not their native language.
I used my experience in finance and research to scour the Internet, as well as on-the-ground, to find a good buy on a home, and saved over $90,000 on a $198,000 home.
I've traveled to over 40 countries, and spent six months traveling when I was a university student to 16 countries on 4 continents, working hard and smart to pay my own way.
I'm fluent in Japanese language, culture and business practices (have translated 50 page insurance agreements, negotiated multi-million dollar company sales, and graduated from a Japanese university).
I am first a student of Life, with still much to learn. I hope to be able to share some of the lessons which I've gained along the way with those who would benefit.