'Complex Real Estate Decisions Need Straightforward Solutions'

 

Buying a home can be challenging and time consuming, getting professional real estate advice and helpful home buying tips from our Expert-Rated Agents helps!

Orlando Home Store offers real-time web based tools supplying the right information you need when making a decision to buy a home in today's real estate market.

  • Search Assist - search by zip code, city, map with you criteria over 40,0000 homes listed by any real estate company.
  • Market Snapshot - before you make the decision to buy see listed/pending/sold in the neighborhood.
  • Compare Cities - see population density, crime, weather and more

   

  

Q: Can a Seller Credit the Buyer for Closing Costs?

A: Yes, but always check with your lender before you negotiate an offer that involves a seller credit because the lender might not allow it.

Q: How Much Are Closing Costs?

A: As a rule of thumb, closing costs to buy a home run about 1.5 to 4.5 percent of the purchase price. Much depends on the points and origination fees a lender charges to make the loan, which are disclosed on the buyer's Good Faith Estimate.

  • The total closing costs to purchase a $300,000 home could be approximately;
    •  $4,500 for a cash buyer (1.5% of purchase price)
    • $13,500 for a home secured by a mortgage (4.5% of purchase price) 

Our Agents can also forward to you information about:

  • New Home Builders

  • New Communities

  • Retirement Communities

  • New Townhomes and Condo's

    

 

New Construction Orlando, New Florida Communities, Florida Retirement Communities, New Florida Townhomes, New Florida Condo's

 

 

Buyer Hot Tips:

 

Start with a home loan.

 

Getting pre-approved will save you the grief of looking at houses you can't afford and put you in a better position to make a serious offer when you do find the right house. Not to be confused with pre-qualification, which is based on a cursory review of your finances, pre-approval from a lender is based on your actual income, debt and credit history.

 

This helps two ways:

  1. Gives you an edge in this market of foreclosures, you will be in a better position of competing as most buyers lose by a couple thousand dollars.
  2. To place an offer on a home you will be required to show proof you can buy the home, your lender will supply a Pre-Qual letter to forward to the seller with your offer because you never know when you will find that perfect home and again with foreclosures getting that offer in complete with your Pre-Qual first could beat other buyers.

Buy in a district with good schools.

 

In most areas, this advice applies even if you don't have school-age children.

  1. Reason: When it comes time to sell, you'll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values.

Get professional help.

 

Even though the Internet gives buyers unprecedented access to home listings, most new buyers (and many more experienced ones) are better off using a professional agent. Look for an Orlando Home Store Expert Rated Agents, if possible, who will have your interests at heart and can help you with strategies during the home search & bidding process.

 

 

The following articles provide useful information and are a great place to start if you're considering buying a home.

How to choose a Neighborhood for Your Home Search Why use a Realtor When Buying a Home?
How to Choose a Home Home Inspections Avert Future Headaches
Take Charge When Buying a Home The Basics of Making an Offer