Buying Your First Home

OverviewMetro1 RealtyRenting v OwnershipFinancingHouse HuntingHome-HunterContract to Closing Flow ChartNegotiationsHome Owner ProtectionAction

Residential / Commercial

Full Service Agency

Kentucky and Indiana

Buyer Program

Availability

Committed to Excellence

www.Metro1Realty.com

Member of Multiple Associations

Cutting Edge Technology

Renting v OwnershipFire Your Landlord!

Financing Why it’s Important Which is Better

StandardParticular

PITIPrincipalInterestTaxInsurance

HomeMortgage (80/20)

Realtor / Loan OfficerGrant100% FinancingDown Payment Assistance

Government AgenciesNon Profit Organizations

Seller ConcessionsClosing Costs

Rate Buy DownPrepaid Items

The Holy Grail :

Bring no cash to closing

Prequalification Letter

House Hunting On Your Own

Internet Drive-bys Cost

With A Realtor MLS Professional Lists Cost Client / Customer Dual Limited Agency Exclusive Buyer Agency Procuring Cause

Home-Hunter Map Search Cutting Edge Technology

AutomatedDailyColor PhotosVideosMap

Search AreaArea MapZip CodesNeighborhood

sSchool

DistrictConcentric

Search CriteriaBedroomsBathsSquare feetLot sizeFireplaceStyleAnything else…..

Contract to Closing

Negotiations Get the Facts – Comps (CMA)

Past Sales Current Listings Condition Bathrooms Garages Square Feet More…._______________________

Other Factors The Other Party Negotiation History (New

Homes) “Standard” % Reduction

PriceDays to ClosePossessionRepairsTermite TreatmentGood Faith DepositTerms

Getting to Yes: Negotiating Agreement Without Giving In. Roger Fisher and William Ury

You will Get What You NegotiateNot What You Deserve

Home Owner ProtectionHome Inspection

FHA “Inspection”

Home InsuranceCredit ScoreCostDeductible

Home WarrantyCostDeductible

Owner’s Title Insurance

Mortgage Insurance

ActionMeet with Lender

Become Prequalified

Establish Essential Home Criteria

Meet with Realtor

Receive Daily Home-Hunter Properties

View Homes

Offer Contract

Close: 15 – 45 Days

Thanks For Attending!

502-254-9600

Neil@Metro1Realty.com

www.Metro1Realty.com

12504 Nassau Lane, Louisville, Kentucky, 40243