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Don't Let First Time Home Buying Worry You
As a first time home buyer the process can seam quite intimidating. The expertise of a top Realtor is especially important at this time to guide you though the ins and outs of making this purchase. I will walk you through every step of the process so you can feel comfortable that you have not only the best guide, but all the information necessary to feel truly comfortable with your decisions. You can feel free to ask me anything, I know the answers and happily share them!
When first negotiating your way into the Palm Beach County housing market there are some basic questions we will go over together:
What is your affordable price range?
How to qualify for a mortgage.
How much should you put down?
How one gets approved for financing? What banks need from you.
How much your mortgage payments will be.
The tax advantages of buying.
How to buy a home with little or nothing down.
What’s better for you? Renting or buying?
Let’s get started! Tell me about you and what you’re looking for below and we'll get started down the exciting path of buying your first home! 
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Buying Land and New Construction >Buying New or Buying Old
New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.
Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.
New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.
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| Q |
Who received the largest land grant ever given to an English subject for only two beaver skins per year?
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| A |
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II. |
See More Real Estate Trivia > |
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All rights reserved. All information deemed reliable but not guaranteed.
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