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Wednesday, June 11, 2014

New Construction Seminar (Wed. 11 Jun, 2014 9:30 am - 11:00 am)

New Construction Seminar
Wednesday, June 11, 9:30 a.m. – 11:00 a.m.
Location: Washtenaw Intermediate School District, 1819 South Wagner Rd., Ann Arbor, MI 48106-1406

Presenters:
Betsy de Parry, Ann Arbor Builders, Inc.
Andrew Kudwa, GreenStone Farm Credit Services
Christy Perros, Absolute Title, Inc.
Jeremy Shaffer, Ann Arbor State Bank

Why not add new home construction to your client toolbox? Understanding the new construction process can increase opportunities to work with more clients.

The panel of presenters will provide answers to the questions surrounding new construction, so you can successfully assist clients with this home-purchasing option. Learn the role of and benefits to REALTORs and how all parties work together to serve the client.

The seminar will cover these topics:
Why sell new construction
Registering clients
Types of builders
Helping your buyer find a site and a builder
Building agreements
Making offers
Working with builders
Terms of a construction mortgage vs. a mortgage to purchase an existing home
Financing the land (all in one financing or separately)
The approval process (including builder approval)
Construction loan draw process
Mechanic's Liens and how to best protect the homeowner from them
Owner Funded construction (Is there any protection for the homeowner?)

No charge for members, $25 for non-members. Please note that there is a cancellation fee of $10 for cancellations received less than seven days before the event.

Sponsorships for this event are available: Please contact Angella O'Keefe at 734-822-2264 or email angella@aaabor.com.

 

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