4 Tips for College Park Orlando Home Buyer Budgeting

Real Estate Agent with Homevest Realty SL3085025

Ready to sell your House?
Buying a Home in Orlando Florida?

Call Mike Shulman

If you are currently renting and are planning on buying a College Park Orlando Fl home it could take up to four years to prepare yourself. If you want to own a home, it must be a priority to save and live within your budget.

College Park Orlando Home for Sale | Mike Shulman | Orlando Fl Listing Agent

Here are four tips for renters who are planning to buy a home in College Park Orlando Fl:

  • Build a good foundation of your credit. When applying for a home loan, a good credit rating is important. A low credit score can disqualify you for a home loan.

  • Save cash. Of course, you have to pay fees.

  • Reduce your debt. Increase your savings while decreasing your debt. The ratio of income to debt is an important element in the mortgage approval process. Ideally, your debt-to-income ratio should be less than 40%.

  • Educate yourself. Prepare as early as possible. Know the market and know the buying process. Know if you can qualify for a home loan and start fixing your credit rating. Visit open houses and look at the neighborhood. 

Understanding these things now will make it easier for you to prepare yourself.

Want to know your Homes worth today?
Yes! I want to know the Value of my Home.

Looking for Homes for Sale in Orlando, Florida?
Search all Real Estate Properties in Orlando, FL Right here!

Click here to Search: Homes for Sale in Colonial Town, Orlando, FL 32803

Click here to Search: Homes for Sale in College Park, Orlando, FL 32804

Click here to Search: Homes for Sale in Delaney Park, Orlando, FL 32806

Click here to Search: Homes for Sale in Baldwin Park, Orlando, FL 32814


For a smooth, fun and easy home buying or selling experience – Call “THE BEST AGENT IN ORLANDO, FLORIDA” Mike Shulman, lead agent for the Orlando Home Team today at 407-758-9585. You can expect excellent service, unparalleled negotiation skills, and exceptional knowledge of the Orlando Real Estate Business from Mike Shulman.

Comments (1)

Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services
Hello Michael, informative post that discusses  4 Tips for College Park Orlando Home Buyer Budgeting. Hope to hear many more informative articles like this in the future. Keep it up!
Feb 27, 2014 09:08 AM