The Home Buying Process

The Home Buying Process

Audience:	Recommended for those who are considering purchasing a home
Length:	2 hours
Materials:	Each participant will receive a 45-plus page workbook, which reviews each topic covered and provides resources and a glossary for future use

Course Description:

Participants who attend this course will gain knowledge of the details involved with a home purchase transaction.

Course Objectives:

Examine key roles and responsibilities of the professionals involved in a residential real estate purchase transaction.
Review important real estate terminology.
Determine the importance of appraisals, inspections, home warranties, and title insurance.
Describe essential features of the escrow process.
Recognize eight real estate documents used when purchasing a home.
Explain the mortgage settlement system and closing process.
Uncover the types of closing fees and the purpose of each.
Identify unreasonable closing costs and what actions can be taken.
Discover tips and caveats when using the internet.