Considering Buying A Home? Consider These Tips Before You Begin Your Search

Buying a new home is exciting, but it involves a lot of preparation and paperwork to seal the final deal.  Our Tampa seller agents/Orlando seller agents/South Florida seller agents know this process all too well!  One way you can help make the process easier is by doing some prep work ahead of time. Will you soon be beginning the search for a new home?  If so, here is some advice from our Orlando listing agents/Tampa listing agents/South Florida listing agents.

Know Your Credit Score

If you plan to obtain a mortgage, then knowing your credit score is extremely important as it will be used to help determine your mortgage eligibility and rate. If you have a low credit score, then you may want to work on improving it before you apply for a mortgage. If your credit score is high, then try not to do anything to compromise it such as opening new accounts or forgetting to make payments.

Set a Budget

It is important to determine how much of a monthly payment you wish to make on a home before you start to look.  Sit down and really look at your income and expenses then set a maximum budget amount for buying a home.

Research Areas to Live

You will want to do some research on the area(s) you wish to live.  What are the average property taxes?  Will you be in a flood zone?  What are the average homeowner’s insurance rates?  What school district would you be zoned for?  What is rush hour traffic like?  These are all questions that can be answered to help you rule in and rule out areas to live.

Our next article will cover more tips to help you prepare for purchasing a new home.

One Percent Guys Full Service Real Estate Agents deals in one percent real estate which is designed to put more money back into your pocket.  We are the original one percent real estate firm with Tampa listing agents/Orlando listing agents/South Florida listing agents available to work with you to find the home of your dreams.  When you are ready to buy or sell, we will be here to serve you. Give your friends at One Percent Guys Full Service Real Estate Agents a call today!