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Beyond Trulia & Zillow:Homebuying Tips & Tricks
Presented by Michael KieferGreen DC RealtyMarch 28, 2012
Welcome & Introduction
Get to Know Me & Green DC Realty
● Over 9 years of DC real estate experience● 15 years building & construction● 4 years of blogging on green building● Long time beekeeper in DC
Why are you considering buying now?
● Low interest rates● Increasing rental prices● Investment opportunity
Online Tools Empowering Buyers
Information you can now access online- New properties on the market- Search by neighborhood using maps- Property history
MRIS Advantage
What is MRIS and what information can it provide that you can't access on Zillow, Trulia and other sites?
Information you can access through customized MRIS home search
- Tax records - historical data on sales- Specific property features
Previewing PropertiesWhat to consider when you are previewing properties?
● Age & condition of property● Location● Area infrastructure (Metro & ammenities)● Location in building (condos)● Direction it is facing
We Found it! Time to Negotiate!
Once we find the home of your dreams here's how I can help you negotiate. ● Offer price based on
○ property condition○ local market analysis
● Home inspection - Issues that may come up
● Closing cost help
Understanding Closing Costs
Prepare yourself by figuring out how much cash you will need for closing costs ● Downpayment● Lender & appraisal fees● Title attorney fees● Inspections● Recordation taxes
Steps towards Purchasing
1. Get pre-qualified with a lender2. Set up buyer consultation3. Discuss and review market together4. Set up a time to preview properties5. Submit an offer 6. Negotiate the offer7. Go to closing & get the keys
to your new home!
Special Offer
● Save Money - Rebate .5% of purchase price($400,000 = $2,000 rebate)
● Eat Fresh - $250 gift certificate for South
Mountain Veggies
Next Steps
1. Schedule a FREE buyer consultation 2. Discuss lender pre-approval(s) 3. Review market conditions 4. Start previewing properties
Contact Me
Michael Kiefer(240) 481-5041michael@greendcrealty.com
Sign up for updates.www.greendcdaily.com Look forward to working with you!
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