Wednesday, August 13, 2008

Teacher A+ Home Buying Program
Lesson Plans For Home Ownership


(Summary)


1. Build your TEAM - Selecting your team of advisors and real estate professionals may be the most important decision you make.

2. GOAL & Credit = Loan Options - While your credit is important...It is your goal that should define your loan options.

3. FIND a Home - Finding a home can be a long and time consuming process. It is important to know what you want before you start.

4. CONTRACT - Once you’ve found the right home, it is important to make an offer to the seller that works for you and one that gives you an out.

5. ANALYSIS of the Property - There are two areas of property analysis to consider: Property condition and property value.

6. LOAN Analysis - Know what type of loan you are getting and how the fees are structured. Always ask for a good faith estimate.

7. CLOSE on the property - Closing usually takes place at a title/escrow company. Compare your final figures to your good faith estimate.

8. OWNERSHIP - Now that you own the property, what should you expect as a home owner.

9. GROWTH - There are many benefits to being a home owner, learn to utilize those benefits. Start planning for future real estate transactions.


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Tuesday, August 5, 2008

The Advantages of Teacher A+ Groups

Our Teacher A+ network currently consists of nine groups:


Realtors

Foreclosures and Short Sales

Loan Officers

Insurance Agents

Title Companies

Appraisers

Real Estate Advisors

Remodeling & Construction

Teachers



The idea of each group is to allow teachers and members find each other and information about a specific topic or groups of individuals. Realtors should belong to the Realtor group because this is where teachers are going to seek out information about real estate agents and the topics they cover. The same can be said for loan officers, title companies and all the other groups.

The teacher group is an area that teachers will create profiles so they can interact with the rest of the members. This will grow to be our biggest group over time. Most of the personal information will optional, this will allow them to be comfortable and interact at the same time.

Feel free to create a group at any time, just remember with this creation comes with responsibility. Individuals that create their own group should be motivated to grow not only the number of members that belong to it, but content as well. This content should at all times be relevant to teachers, faculty, schools, community and real estate.

Kindly join the groups that you can participate with and help grow our real estate network.

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