Find Your Home
Once you have an idea of what you can afford, some questions you might ask yourself include:
You’ll learn as you look at homes, your priorities will probably adjust along the way.
Making an offer
Once you’ve found the home of your dreams, your Gulf Beaches Home agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, the agent will then help you structure an offer and negotiate to get the very best deal possible.
Closing, or settlement, can be a complicated process. Gulf Beaches Home’s, Sarah Hippert, will ensure that you are on top of the contracting process requirements and safely get you to close. Regardless of where you’re buying, a real estate closing agent can help ensure that everything goes smoothly.
There are programs for first-time homeowners that will help or possibly eliminate a downpayment. A first-time homeowner is defined by someone who has not owned a home in the previous 3 years.
Each down payment assistance program has a list of “eligible first mortgages” that can be used with the program. A first mortgage is simply your primary home loan. And your down payment assistance can come in many forms, such as a gift forgiven at closing or a second mortgage — funded by a Housing Finance Agency (HFA), municipality, nonprofit or employer. Most down payment programs accept a range of first mortgages, including conventional, FHA, USDA and VA loans.