What Inexperienced Homebuyers MUST Know Before They Buy a Home

Training Provided by Online Training Directory A Trump U Course-If you ever plan to buy a house this course can save you money, time and aggravation. This course will give you expert instruction, including video tutorials that can save you thousands and position you for success and security in your personal real estate investments. Students may complete this course within a reasonable period of time. Contact Hours give an indication of how much time is needed to take this class. As an extra added value, registered students will have unlimited access to course materials for 12 months from the day of enrollment. What Inexperienced Homebuyers MUST Know Before They Buy a Home A Trump U Course Buying a home is exciting. For many, it?s an opportunity to make their dreams come true. But it?s also a fairly complicated process with many potential pitfalls. This may be one of the most important financial decisions of your life. You?ll have to keep your cool, develop a plan, and follow it. In this course, that?s exactly what you will do, and experts in real estate will answer your questions along the way. How does a smart homebuyer decide which home to purchase? It all starts with a careful assessment of priorities. To buy a home the right way, you have to start with a clear vision of what you want and how much you want to spend. Your ability to make a sound financial decision depends on whether you carefully consider each characteristic of a property in order to determine whether it is important to you or not? and at what cost. This course employs the Learning by Doing approach to education. That means that rather than lecture to you, this course will put you to work. Why? Because you remember what you experience much better than what you are told. So, it?s only natural that the best way to learn about real estate is to do real estate. Enroll in this online course if you: Want the best house at the best price for you Want to make a wise real estate investment Want to reduce home-buying aggravation and stress Want to avoid costly home-buying mistakes

What Inexperienced Homebuyers MUST Know Before They Buy a Home Outcomes
This course will teach you the following key components of a home purchase:

• Evaluating specific home characteristics and qualities
• Understanding mortgages
• Determining your budget
• Analyzing local market data
• Doing a comparative analysis of similar homes

Assessment
Assessment is based upon satisfactory completion of 3 Assignments totaling 7 Activities with a total estimated completion time of 12 hours. Upon successful completion of these Assignments, the student will gain a deep knowledge base covering the most important aspects of purchasing a residential property and receive a certificate of completion signed by the course instructor.
Complete Course Outline This course is made up of three assignments, each of which is divided into two or more parts. Each of your assignments consists of four steps.

1. Learn about your job
2. Do your work
   • Getting to work: This section includes basic instructions on how to complete the assignment.
   • Step-by-step guide: This step-by-step walk-through is designed to assist you in carrying out your assignment.
   • Assignment worksheet: This page is where you will record your answers to the assignment questions.
3. Submit your work
4. Follow Through
   • You will read expert comments about the assignment.
   • You will be provided a summary of the important concepts from the assignment
   • You''ll be able to access take-away tools for you to use when you are preparing to purchase your home.

Assignments Assignment 1: Understand your priorities Buying a home requires an investment not only of your hard-earned money, but of your valuable time and energy as well. You may be able to find a number of homes that look attractive at first glance, but below the surface there are a great number of issues that deserve careful consideration. If you don?t know how to critically evaluate potential homes, much of your time, effort, and money will go to waste. In Assignment 1, you will develop your ability to critically evaluate homes by:

1. Comparing a few home listings
2. Establishing your priorities

Assignment 2: Understand Your Finances Buying a home is the American dream come true, but it''s also a major long-term investment. Done right, home buying can dramatically increase your net worth and financial leverage. Done wrong, it can leave you struggling each month to pay your bills. In Assignment 2, you will analyze your current financial situation in order to establish your budget and decide how much money you will need to borrow. You will identify all the costs associated with buying a home to make sure that you have sufficient funds to complete the purchase. In this assignment you will:

1. Research your credit report and credit score
2. Get pre-qualified for a mortgage loan
3. Determine the amount of money you will need to borrow

Assignment 3: Identify a Good Investment After completing the previous assignments you will be ready to move on to the best part of buying a home: looking at homes and choosing one! First, you will narrow your search to just a couple of neighborhoods. Then, you''ll find a set of homes that meets your needs. Finally you will determine which of the homes you''ve located offers the best deal for you. In this assignment you will:

1. Choose neighborhoods
2. Determine the best Investment

From Offer to Closing: Once you''ve identified the home you want, it?s time to make an offer to the seller. We have outlined the following steps to walk you through the process of going from the offer to the closing (when you claim legal ownership).

1. Offer to Purchase
2. Purchase and Sale Agreement
3. Professional Home Inspection
4. Applying for and Committing to Your Mortgage
5. The Appraisal
6. Title Insurance
7. Homeowner?s Insurance Policy
8. Settlement Statement
9. Final Inspection
10. The Closing

Contact Hours: 12

About The Training Provider: Online Training Directory

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