No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase.
Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments, and helps avoid paying Private Mortgage Insurance.
Be thorough with mortgage shopping: There are countless resources out there that can help you get the best terms for your mortgage. It may seem like a lot of work to shave less than a point off your mortgage rate, but it’ll save you thousands in the long run.
Consult a skeptic: You’re likely to fall in love with a home, and that can make it difficult to take problems seriously. Bring along a skeptical friend or family member who can give you an honest opinion.
Be patient with getting settled: You’ll be anxious to make your new home your own, but take some time to see how your budget truly shakes out. In other words, hold off on big furniture purchases and remodeling projects.
Make sure you’re happy with the neighborhood: The house may be perfect, but don’t discount the surroundings. You don’t want to end up in the suburbs if you’re going to miss walking to your favorite coffee shop, and you don’t want to settle for the city if you’re looking forward to some peace and quiet.
Our experienced Team of Full Time accredited Professionals bring a host of valuable specialties to our Clients whether buying, selling, Investing or leasing. Current specialties include Mortgages, Property Management, Probate, Staging, Distressed Property, Luxury Homes, 55 Plus Communities, Country Club Communities, Ocean Front and International. This wealth of knowledge is readily available to our clients.
The Prime Property Team is part of United Realty Group one of the largest Real Estate Brokers in South Florida with over 2,500 active agents across 14 offices from Jupiter to Miami & Orlando. This massive community serves a continuous stream of listings and buyers, ensuring our clients benefit from both our economy of scale and scope of listings.
When you purchase a home, a title company will research the property t
"We were extremely happy with your service Norman and your honest and clear approach, your smooth personality, your firm and punctual appointments, your directive comments. After we dealt with you we consider you as family friend and we comfortable depend on this friendship.
You did perfect, especially with our short schedule less then 2 weeks you showed us many homes, we selected the one we bought. It was a record for us. We appreciated your approach, your logic and your actions afterward"