Most of us only buy a couple homes during our lifetime. It’s an ever-changing and incredibly detailed process. This is why it’s so important to have the right people working for you. Did you know that as a buyer, in the state of Florida, you get my services for FREE! That’s right, the seller is one the pays the commissions, so you get a dedicated buyer’s agent working for YOU at no cost. Below I have put together some of the most common home buyer questions and misconceptions.
Are you a 1st Time Home Buyer? I have developed an information packet just for YOU! call/text 727-326-2963 to get your FREE copy.
Pre-Qualification & Pre-Approval
- I require my buyers to obtain a Pre-Approval Letter before scheduling showings, here’s why:
Pre-qualifying will help you in the following ways:
- Generally, interest rates are locked in for a set period of time. You will know in advance exactly what your payments will be on offers you choose to make.
- You won’t waste time considering homes you cannot afford.
Pre-approval will help you in the following ways:
- Most sellers require a Pre-Approval letter be included with an offer for their home.
- A seller may choose to make concessions if they know that your financing is secured.
- You can select the best loan package without being under pressure.
How much can you afford?
There are three key factors to consider:
- The down payment
- Your ability to qualify for a mortgage
- The closing costs associated with your transaction.
How To Buy A Great House
- There are many factors to consider when selecting a neighborhood that is right for you. Below are just a few of the many factors — you may think of others that are important to you.
Neighborhoods have characteristic personalities designed to best suit single people, growing families, two-career couples, or retirees.
Scout the neighborhood!
It is important that you scout the neighborhood in person. You live in more than your house.
- Talk to people who live there.
- Drive through the entire area at different times of the day, during the week and on weekends.
- Look carefully at how well other homes in the area are being maintained; are they painted, are the yards well cared for; are parked cars in good condition, etc.
Neighborhood Factors To Consider
- Look for things like access to major thoroughfares, highways, and shopping.
- Listen for noise created by commerce, roads, railways, public areas, schools, etc.
- Smell the air for adjacent commerce or agriculture.
- Check with local civic, police, fire, and school officials to find information about the area.
- Research things like soil and water.
- Look at traffic patterns around the area during different times of the day and drive from the area to work.
- Find out if the neighborhood is near parks, churches, recreation centers, shopping, theaters, restaurants, public transportation, schools, etc.
- Find out if the neighborhood belongs to a Homeowner’s Association.