5 Tips For Buyers

2014-03-12 10.49.54Traditionally, spring has been the time that many buyers and sellers become motivated to enter the real estate market. The warm weather and longer days encourage potential buyers to get out and look for a home that fits their needs and budget. Similarly, sellers can take advantage of the seasonal flowers and favorable weather to boost the curb appeal of their homes. If you’re in the market for a new home or are thinking of putting your home on the market, here are some tips to help you get ready.

1. Get your credit in shape. 95% of first-time homebuyers and 86% of repeat buyers financed their home purchase. If you plan to finance your home purchase, check your credit history, especially if you’re a first-time buyer. That way, you can correct any errors and take measures to boost your credit score. Order one free credit report a year from www.annualcreditreport.com.



                        2. Get pre-approved for a mortgage. Early in your search, meet with a mortgage 100_3074lender who will take a look at your credit history, your savings and investment statements, and your current financial situation and give you a better picture of what you can afford and the financing options available.

3. Establish your budget. Whether you’re financing your purchase or paying cash, it helps to establish a budget. This will help you focus your search on great homes within your price range.

4. Make a list. Buying a home is a process of elimination, not a process of selection. Make a list of your ideal home’s must-haves and deal-breakers. This will help you to narrow your search so that you can find a home that fits your current and future needs.

5. Think about resale. The average homeowner lives in their home for nine years. While you may purchase your home as a long-term investment, keep in mind that you may want to sell it one day. Consider the homes’ resale value when you’re looking at properties.

The summer is the perfect time to buy a new home in Naples Florida.  Call me at 239-601-3174 so we can get started.  I can help with a mortgage broker who will be able to guide you into the best mortgage and price range for your budget.  Then we can start the exciting process of finding that perfect home.  I always find the right home for my customers.  Sometimes it’s the first one we see and sometimes it takes a while but it always happens!

Remember it is always toasty in Naples and you deserve your piece of Naples sunshine and a new home this summer!

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