Google has locations all over the United States and abroad. You decide to stay in the US for now but need to choose which office you are going to be working at. A number of factors should be considered before deciding where you want to live.
First you need to research Google and find the locations (offices will not give you as many results) they operate out of. Then choose your top 2 locations. You will find that the house you can buy for the same amount of money varies widely by location.
Create a google document name Real Estate Choices and use Zillow to find two houses from each area that you would be able to afford.
***DO NOT go by the estimated payment on Zillow. Change the down payment information ($8,000)!!! AND REDUCE THE SALE AMOUNT $5,000 - you will negotiate a cheaper price!
With a budget set on how much you want to spend on a house research the real estate market and find 2 houses for each of the 2 choices you made for where you want to relocate to.
Remember that you will probably want to get a house close to your office so you can cut down in commute time, gas expense and wear and tear on your vehicle. Zillow is a great tool for house hunting. Try using the draw region tool if you are having trouble finding houses in your zip code.
Criteria for your house:
Use the Zillow built in payment calculator and click on advanced calculator and change the down payment to $8,000 and lower the listing price by $5,000. Don’t forget to check the box to add in taxes and insurance! Also, add in if your house has an HOA fee.
Create a Zillow account and save or bookmark your four houses. Get your screenshots now in case the house sells you might not be able to see it later.
Try seeing how much your payment would change if the interest rate jumps 1.5%. It can change a lot!
For each house you find list:
1. Drive time from where you work (hint: use google maps)
2. Breakdown list of your payment from the graph and the total.
3. Paste a screenshot of the house with the price, . Your document should look like the one below with two houses for each location. 4 houses total.
After you have created a list of housing possibilities in 2 cities decide where you would like to live and determine your choice at the top of your Real Estate Choices document.
First you need to research Google and find the locations (offices will not give you as many results) they operate out of. Then choose your top 2 locations. You will find that the house you can buy for the same amount of money varies widely by location.
Create a google document name Real Estate Choices and use Zillow to find two houses from each area that you would be able to afford.
***DO NOT go by the estimated payment on Zillow. Change the down payment information ($8,000)!!! AND REDUCE THE SALE AMOUNT $5,000 - you will negotiate a cheaper price!
With a budget set on how much you want to spend on a house research the real estate market and find 2 houses for each of the 2 choices you made for where you want to relocate to.
Remember that you will probably want to get a house close to your office so you can cut down in commute time, gas expense and wear and tear on your vehicle. Zillow is a great tool for house hunting. Try using the draw region tool if you are having trouble finding houses in your zip code.
Criteria for your house:
- home must be in good livable condition - move in ready (minus paint and minor changes you might want)
- at least two bedrooms
- at least two bathrooms
- cannot be a boathouse, mobile home (trailer) or camper and you have to spend at least $70,000
- one car garage or designated parking spot
- anything else you would like that you can afford
Use the Zillow built in payment calculator and click on advanced calculator and change the down payment to $8,000 and lower the listing price by $5,000. Don’t forget to check the box to add in taxes and insurance! Also, add in if your house has an HOA fee.
Create a Zillow account and save or bookmark your four houses. Get your screenshots now in case the house sells you might not be able to see it later.
Try seeing how much your payment would change if the interest rate jumps 1.5%. It can change a lot!
For each house you find list:
1. Drive time from where you work (hint: use google maps)
2. Breakdown list of your payment from the graph and the total.
3. Paste a screenshot of the house with the price, . Your document should look like the one below with two houses for each location. 4 houses total.
After you have created a list of housing possibilities in 2 cities decide where you would like to live and determine your choice at the top of your Real Estate Choices document.
Congratulations! You made an offer to purchase your house and the seller accepted. You got your house for $5,000 below asking price - great job negotiating! Now you have 7 days to apply for a loan and get a letter that you are prequalified to buy the house. Otherwise, the seller will keep it on the market. You also have to put down $2,000 earnest money. What is earnest money?
Watch the short video to find out more. (Backup Link)
Watch the short video to find out more. (Backup Link)
Underneath your choice of house on you Real Estate Choices Document
1. Tell me in your own words what earnest money is and why it is necessary.
2. What are 2 contingencies you could have in your purchase agreement?
1. Tell me in your own words what earnest money is and why it is necessary.
2. What are 2 contingencies you could have in your purchase agreement?