Congratulations, you are entering a very exciting period in your life. Certainly, buying a house is as much of a headache as it is thrilling, but taking the right action at the right time is guaranteed to make all the hassle worth your while. The first thing you should know about is that the real estate market in Florida is over flooded with offers, making it easy for inexperienced buyers to fall into various traps and prolong the process.
The key to making your path to the home of your dreams as painless as possible is to be realistic about your financial abilities, which includes taking into consideration all the factors, such as your credit history, current debt, annual income, and monthly budget.
Try to meet with as many lenders as you can to get more information on your real chances before diving into prequalification or pre-approval procedures. Choosing between the latter two is, by the way, another challenge, as the first one is much faster but less safe, while the other one is the other way round.
The right real estate agent is your friend and co-pilot. Don’t forget that you don’t have to pay them extra, as they receive a commission, but be careful when choosing one, because too much depends on their qualification and ability to understand your needs.
Home inspection and appraisal are two of the final steps before closing the deal that is there for your safety to guarantee that you are getting exactly what you are paying for.
For more details information go to our "Buying a Florida home in 5 easy steps" tutorial