Join more than 400 smart students who are on their path to buying a house, Don't get left behind.
>>> Click “Take This Course" button to join us today ! <<<
Fret not! we have created a video course to help you get familiar with the complete process of buying a home Home buying shouldn't be that difficult . Read more..
~*~*~*~*~*~*~*~*~*~*~*~*~ How to Buy a House - Step by Step ~*~*~*~*~*~*~*~*~*~*~*~*~*~*
In partnership with: Kashif Iqbal & Don Tepper Realtor (lic. in Virginia) - Bio attached at the end of the course
>> Course Vision
Through this course, it is my VISION & DREAM to help the anxious student in cutting through the chase of the seemingly complicated process of home-buying and to make the realization of their dream homes easier and faster because we feel your frustration & confusion in finding a good and trustworthy resource to learn how to buy a house
>> it's time to buy your first house
Buying a home is a Major investment. For the majority, it will be the investment of a lifetime. During the process, you may be afraid that going through with it is a mistake. What if you end up having to pay off almost a million for something you never truly wanted? That's understandable. Regardless of the worries inside your head, however, remember that home-buying is usually a decision you'll be proud of making, come months or even a decade later. Just because you're uncertain at this point doesn't mean you don't deserve to own a house of your own, ever. Granted you do your end of the deal, you are likely going to be fine.>> You may be clouded with thoughts like:
>> 6 Perks of taking this course:
1. It contains Action Steps with worksheets and forms. You can be provided assistance along the way.
2. It contains external resources. You can avail of advice from trusted sources such as Realtor sites and government agencies.
3. It follows up on your progress. You can take quizzes at the end of every section to evaluate how much you understand each step.
4. It is detailed. You can learn of all the steps (from A to Z) required when buying a house and Does a good job explaining everything without leaving you completely confused
5. It is self-paced. You can take breaks in between and watch relevant videos
6. You will get a lifetime access with periodically updated material + I will make sure to get any questions you have answered by a professional real estate agent
>> The Ideal student for this course is:
** if you are an existing home owner then this course might not be the right course for you, since you are already familiar with home buying process
>> At the end of this course you should learn how to buy a house through the steps below. I will walk you through the entire process, Step by Step !!
Step 1 – The First Steps of buying a house for first time home buyer.
Step 2 – Finding the Right Agent & Lender
Step 3 – Getting a Pre-Approval
Step 4 – Looking at Homes
Step 5 – How Do I Choose the Ideal House?
Step 6 – How to Get the Funds
Step 7 – Making the Offer
Step 8 – Getting Insurance
Step 9 – The Closing Process
Step 10 – Finally Settling Into Your New Home!
Are YOU ready to buy your first house?
If YES, then take this course to learn how to buy a house
I Look Forward to Seeing you Inside
How to buy a house introduction
When should you buy a house ?
Due Diligence when buying a house
Renting vs Buying a house, pros and cons of buying a home that you should consider:
Requirements to buy a house
Build up your team
Keep yourself protected when buying a house
Why should I get a real estate agent?
How do you get the best real estate agent?
How to Select a house lander
Types of Home Loans
The Pre-Approval and Good Faith Estimate
Why Get Pre-approved before buying a house?
Significant difference between being simply pre-qualified and being pre-approved. Pre-qualification is nothing more than a verbal approval that gives a potential borrower the basic guidance on which price range. It is based solely on what you declare. In contrast, pre-approval is a complete process that requires you to submit documents relating to your income and your assets.
First Time Homebuyer Grants
There are also specific grants that are given to first time home buyers, coming from Federal agencies. Unlike loans or mortgages, grants are not to be repaid. Usually, these programs are meant for areas that the government is targeting for revitalization purposes.
First Time Home Buyer Loans
Just like in the programs and grants, first time home buyer loans are also meant to help make the entire process more accessible. While we have discussed some special loan types such as the VA and FHA, you do not necessarily have to male these loans. There are specific first-time loan programs
How to narrow down your home search
Even without the finances in question, there is always a certain difficulty when deciding to choose between one home to another. What more if you are given a full list of homes with attractive characteristics? There are a lot of major deciding factors, such as the quality of the community, the quality of the school district, the commute time to your office, and to other areas you need access to, etc.
Types of Home Status
Previewing homes for sale
Three different ways that a buyer can view a home nowadays -- personally, through an open house; virtually, through the Internet; or vicariously, through the eyes of the real estate agent.
Strategies to lock down the ideal house
minimum of 10 properties personally: We have already discussed the different techniques you can use in order to narrow down your search for the ideal house. At the start of that session, however, we made a disclaimer: we discounted the financial factor. This time around, we will include just that and all the other things you need to know in order to finalize your search.
Single family house.
Top 5 Mistakes to Avoid when shopping for a house
Submitting the Loan Application
When applying for a loan, you will be asked several questions and asked to file a lot of documents. It may actually feel like the most complicated financial task you will have to undertake. But the entire process can be cut down into clear steps.
Home Loan Processing
During the processing of the loan, the verification is performed. This is the most significant part of the entire application, when the lender checks the validity and authenticity of all your submitted documents. They also make sure that all data submitted has been completed. Among the details that will be checked are your:
Home Loan Underwriting
The loan underwriting process is initiated once the lender has verified that all the paperwork has been completed. The underwriter is an agent from the lending party, whose job is to review the guidelines under which the loan can be approved
Things to consider before making an offer
Home Buying Negotiation Tips
Contingencies for the home purchase
The standard contract will always include different conditions that have to be met before the closing takes place. This covers issues like inspections, insurance, financing, and a lot more.
Making the Counteroffer
Since negotiation is a matter of convincing the other party, learning how to break a stalemate through a counteroffer is an essential skill. Technically, a counteroffer is simply when one party changes the terms of the original offer. Legally, this has the implication of voiding the original offer.
Why you need Home insurance?
With all the safety tips we have discussed so far, you would think that you are already perfectly covered. There is the title insurance, a home warranty, and others. However, this is just the tip of the iceberg.
What does Home Insurance Cover?
The Impact on Premium when filing a claim
The most part, homeowners would rush to the insurer's office to file for such a claim. However, it will be in your best interest to think twice about this decision -- filing a claim can have a major impact on your premium, even if the accident was minor and was not your fault.
Home Closing or Settlement Process
Closing or “settlement” as it is known elsewhere is used to denote a point in time when the title to the property is transferred to you, the buyer, and a mortgage (or “deed of trust”) is given by the buyer to the lender.
The Home Inspection: What does it cover?
The home inspection process is a visual one. It looks at the structure and components that may not be performing correctly or those that may be potentially unsafe. If a problem is found, the home inspector will describe it in a written report
Issues during Inspection?
Renegotiating Home Price
How exactly does one renegotiate the price when significant physical problems are found with the property?
Getting the keys and moving in your new house
Home Maintenance checklist (Monthly, Quarterly, Biannually)
Quarterly and Biannually
Home Maintenance checklist Annually by Season (Spring, Summer, Fall Winter)
The Mortgage Payment, Explained
Biweekly vs Monthly Mortgage Payment
Talking about the mortgage price and duration, you might have received a note from your mortgage providers that you will be able to chop off from six to eight years from your loan by paying every two weeks instead of every month. The logic is that paying more frequently does not allow the interest to build up too much, and the years equating to the interest can be eliminated altogether.
#TeachYouToSucceed… That is who I am and what I do. My primary reason for EXISTING on Udemy is to TEACH YOU TO SUCCEED. I will do this through the development of ENGAGING and EDUCATIONAL course. These courses are designed with practical application in mind. I have education and experience which I want to SHARE with you. I was an IT Consultant, entrepreneur, Project Manager, digital publisher and online retailer with 10 years of experience in both the public and private sectors. I earned my Master of Science in Information Technology from the prestigious George Mason University. Through my education and experience, I have acquired strong practical knowledge in the following areas: Web development and design, SEO, system analysis, project management and software quality assurance. I provide real-world training to novice and advanced students in all the topics mentioned earlier.