Top 7 Reasons to Take a Real Estate Class
(Even if You Don’t Want to Become a Real Estate Agent)
“Knowledge is Power”
I am not sure who came up with this quote, but I agree 100%. Every minute people just like you and me are making the biggest investment decisions of their lives. They are buying, selling, and investing in real estate without any real estate education or knowledge. More time is probably spent on reading food labels than on learning about real estate. While knowing what you’re putting in your body is important for your physical health, knowing how to spend your money for real estate is imperative for your financial well being. Why should you want to know more about real estate? If you own a house or are ever going to purchase a house there are some things you should know.
Reason 1: Using Real Estate as an Investment
Have you thought about investing in real estate? Whether you want to have an additional income, save for retirement, or put your kids through college, real estate investments are a great way to earn extra capital. Maybe you have put it off because just didn’t know how to find the resources and knowledge. We will give you the same education and tools required to make informed buying decisions.
Reason 2: Financing (Money, Money, Money)
Did you know that depending on what type of loan you qualify for could impact how much money you spend? Certain loans cost more than other loans. Learn how to keep more of your hard earned cash in your pocket. What about all of those “miscellaneous” fees? Where do they come from and what can I do to minimize them? We’ll answer those questions as well.
Reason 3: Contracts
Has, “What exactly am I signing?” ever crossed your mind? What are you agreeing to when you sign on the dotted line? Most of us have signed documents in the past without reading every single word. However, when you are making one of the biggest purchases of your life, don’t you want to know what every “little” thing you are agreeing to? Those words in small print could possibly have an enormous impact on your life.
Reason 4: Appraisals
Why should I pay $135,000 for a house when the one next door sold for $127,000? What factors determine a property’s value? Figure out how much your house is worth without paying hundreds of dollars for an appraisal. Small improvements may make you thousands.
Reason 5: Homeowner’s Insurance
With so many homeowners displaced from Hurricane Katrina aftermath, what do I need to know about my homeowner’s insurance policy? Is flood covered under my existing policy?And what does my credit score have to do with how much my insurance premiums are? Why does my neighbor with the same size house as I pay less for homeowner’s insurance?
We’ll help you to comprehend your homeowner’s insurance policy.
Reason 6: Fair Housing Laws
What are they and why should I care? Were you aware that Fair Housing Laws apply to everybody? Not just realtors, mortgage lenders, and landlords? That’s right even as a seller; you have an obligation to follow the Fair Housing Laws. Don’t want to rent to a couple who has 4 wild kids running rampant? According to the law, it is not tolerable to discriminate against families with children. What other laws could you be in violation of? Find out more in our comprehensive, easy to follow course.
Reason 7: Negotiation Skills
Are you one of those people who know how much you want to pay when making a big purchase, but always end up paying more than you intended? There is a way to get what you want for the price you want. Consumers and sellers negotiate every day. But, if you don’t have the skills needed, you will wind up either losing money or losing the transaction.Anyone who is successful in sales will tell you that as the saying goes, “You have to know when to hold em’ and when to fold em.”