It’s true, buying a home can seem a little stressful at times. If you’re new to the process, you might feel overwhelmed with all of the things you need to do. However, if you break it down into manageable steps, it’s not really that difficult. With the proper guidance, you can get through this, relatively painlessly. Let’s look at some things you can do to de-stress:
1) Establish a Budget
Very first, figure out what your price range is. You don’t want to look at $5 million homes if all you can afford is a $200,000 starter home. You want to make sure that you get something that you can comfortably afford. With the recent sub-prime mortgage crisis, many people figured out how painful it is to buy more than they can afford.
2) Look at Price vs. Value
Make a list of features you’re looking for when buying real estate in Florida. Look for those features within your budget. Remember that the lowest price doesn’t always mean the best value. Some houses with a lower price might require a great deal of repairs. However, there might be a house that’s just a little bit higher priced, but is in much better shape.
3) Decide On a New Home vs. an Older Home
Many people have a preference one way or the other. Older homes often require more work and updating to get them to where you want. However, newer homes often have higher prices and might not be built as good as the older houses. Many new builders tend to take shortcuts that weren’t considered when the older houses were built. Decide which type of houses you want to focus on.
4) Get a Home Inspection
Regardless of what type of home you decide to buy, you want a good inspector. A good home inspector can catch some of the big problems that you’d never think about. This could potentially save you thousands of dollars on a single house. Ask around to find a good inspector. You don’t want to just pick the first one that’s in the yellow pages. Make sure that they know what they’re talking about.