Real Estate Insider Blog
Showing 1-4 of 4 articles.
If you are thinking about buying your first home, there's probably a lot on your mind. You may be thinking about the home's size and layout. You are likely thinking about and planning for all of the things you'll do. However, as a young family, you also have to consider the neighborhood and community closely. You'll likely need to remain in that home for some time to break even, so you'll want to ensure the home is the right place for you and your family.
Tips on finding a great home in the Clearwater Area:
As a first-time home buyer, you have a lot on your mind when it comes to finding your dream home, paying for it, and taking care of it. What are the biggest mistakes and misconceptions you have about the process? These are key areas of concern for many people today.
The mortgage payment: Be sure you can afford your mortgage payment and invest the time in creating a budget. Get with your lender to see how much you will need to put down and ask your Clearwater area REALTOR® to see how much your estimated closing costs are. Doing the above will ease your mind so you’ll know how much loan you can manage and the total cash needed to close.
The renovations: Perhaps one of the biggest mistakes new home buyers make is not fully understanding what revisions are necessary. First-time home buyers rarely should consider significant renovations unless they have the budget to tackle it. A home inspection can help clear up some of your concern. An experienced REALTOR® like Christopher Milson should be able to give you a “ball park” estimate of the amount of work needed and successfully negotiate to get adequate compensation for any possible repairs.
The neighborhood: Have you taken the time to explore the neighborhood? Do a bit of experimenting so you can avoid having to struggle later. Drive to and from work from the new home during the normal times and walk the neighborhood with the kids. If you can’t physically get to a particular area, take...
A "pretty amazing balancing act" between low interest rates and rising home prices is reportedly keeping affordability stable at the national level, according to the latest Black Knight Mortgage Monitor.
Buying a home that's within a homeowner's association can seem like a turnoff for some people. For others, it is exactly the type of neighborhood they are looking for. What's right for you and your family?
When you live in an area with a homeowners' association, you can expect to be required to make an additional payment towards the community's upkeep and management each month or annually. This fee gives you a few key things. In most cases, you'll have access to more onsite amenities such as recreational facilities and pools. You may have a playground that's maintained. These areas may offer more security. You can also expect more sponsored events in many of these locations. Be sure to read and understand all of the amenities and benefits offered to you when buying into this type of neighborhood.
For some, there are challenges in these organizations. You'll have to follow rules and, in some cases, making changes to your property, such as the paint color or to the features on your lot, may require approval of the association. You may be limited to the types of things you can do to the exterior of your home.
Is it better to live within a homeowners' association or not? This really depends on whether the amenities and additional features of the location are worth it to you. Each location is different, though. That's why it is so important for you to ensure you choose an area that fits your unique needs and lifestyle. Take the...
Please complete the fields below to calculate your monthly mortgage payment.
Already have an account? Login with your credentials below.
By creating an account, you receive unrestricted access to the entire site including all listing details, photos and neighborhoods.
Get notified of new listings BEFORE they come on the market.
Your searches will be saved, so you don't have to fill out your search criteria each time you visit.
Get instant email alerts when new properties are listed matching your criteria.
You can easily opt out any time and we never share your personal information!
Your registration is 100% safe, guaranteed!
You are currently logged into your account.
If you forgot your login information, simply enter your email address below and you'll receive an email with your password.
You are already logged into your account.
Specializing in the Clearwater Area!