Category: buyer advice

Can I Negotiate the Closing Costs?

If you’re thinking about purchasing your first home, you might be surprised when you discover that the costs of owning a property include more than simply the house itself. You’ll also need to make a down payment and pay to have the home inspected and appraised. After you’ve paid your upfront costs and are ready to close on […]

How Long Can an Appraisal Last For?

A home appraisal determines the fair market value of a house and confirms that the price agreed upon by the buyer and lender is reasonable. However, the appraisal performed when you acquire a property doesn’t last forever, so how long can an appraisal last for? We’ll look at how different loan kinds influence appraisals and what you should […]

Buying a House in a Flood Zone

Florida is extremely prone to flooding due to its location and climate, and flood zones play an important role in real estate transactions throughout the state. Water can be incredibly damaging to a house. According to the Federal Emergency Management Agency (FEMA), a single inch of floodwater can cause up to $25,000 in damage. This […]

Closing Costs

When you buy a property, you must bring more than just your down payment to the closing table. Closing costs are expenses paid after the down payment, such as appraisal fees, legal fees, and escrow funds. Many first-time home purchasers misjudge the amount they will have to spend on closing costs. Some purchasers may be unaware […]

How Big of A House Do I Need?

One of the first questions you may have if you’re thinking about purchasing a new home is, “How big of a house do I need?” Estimating how much room you’ll need might be tricky, especially if you’re relocating from an apartment or shared living space. In this post, we’ll explain what factors to consider when […]

Is This an Overpriced Home?

One of the trickiest aspects of buying or selling a home is determining the right price for a buyer. Various factors affecting property prices make it challenging to determine if a home is overpriced. Let’s go through some of the indicators that a property is overpriced or not. 5 Telltale Signs That a House Is Overpriced […]

Seller Concessions

Seller concessions are fees that are covered by the seller in some cases when acquiring a house to decrease your closing expenses. These fees might be closing costs paid when buying a property to offset the costs of obtaining a mortgage. In this article, you’ll learn how to take advantage of these concessions before closing […]

Buying Foreclosures in Florida

Have you ever considered purchasing a foreclosed property? As you would expect, knowing what you’re searching for and how to shop for a foreclosed house is essential. In this article, we’ll look at what it means when a house goes into foreclosure and go through the advantages, disadvantages, and steps involved in purchasing a foreclosure. What […]