Florida Keys Tips for Homebuyers

Get Pre-Qualified

Get pre-qualified for a loan so you can determine the amount of loan you can afford.  Getting pre-qualified also increases your chance of closing a deal, when a contract is presented a seller is more likely to accept an already funded offer than one from a home buyer who still needs to get a loan.   It makes it so nice when you see a home you truly want to invest in and you know you qualify for the loan in advance it really adds comfort and security to your search.

Create a priority list of your needs & desires

Establishing your “criteria” early on will save time shopping for inappropriate homes, there are many homes available but if your priority is dockage and you require deep water control depth this will establish which subdivisions are appropriate to your need.  Please keeping mind your top reason for buying a home should be the value you are getting, so keep in mind you may have to sacrifice some of your amenities if an incredible value is available.

Shop your Mortgage

There are thousands of lenders competing for your business, create a chart that lists different types of loan, fees, etc. you want to avoid apples to oranges contrasts by comparing fixed rates to fixed rates not fixed to ARMS. One of the biggest decisions to make before putting a contract on a home is how to you are going to finance the purchase.

Get a Quality Home Inspection

It is absolutely essential to hire a qualified home inspector when making the biggest investment of your life to assure you peace of mind.  A qualified home inspector will provide you with a book explaining all plumbing, electrical, air conditioning, appliances, roofing etc. pertaining to your new dream home.

Sign A Contract That protects You!

Make sure that the contract you put on a house allows you to arrange financing, leaves you enough time for your due diligence for inspections
And spells out who pays what at the time of closing.

Fran Herbenick
Coldwell Banker Schmitt
100430 Overseas Highway,
Key Largo, 33037
Phone Number:
Mobile Number: 305-304-6334
Fax: 305-451-1220
Email Me

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