1st Time Home Buyers

Are You Ready For Home Ownership?

Buy your next home with us and we will REBATE you 1% of the PURCHASE price, including NEW Construction towards your Closing Costs, if we don’t SAVE you at LEAST 2% OFF of the list price!

Owning a home may be your dream, but in order for the purchase to be the happy and satisfying experience it was meant to be, you need to ensure that you are financially and mentally prepared for the responsibilities that come with it.

Some people have a notion that home ownership is like renting, but with the power to have pets and paint the walls whatever color you like. However, while these privileges are available to homeowners in most municipalities, they come with the responsibilities of a mortgage, taxes and home maintenance. Preparing for home ownership requires you to take critical stock of your finances and your expectations.

BUY A HOUSE IN ORLANDO WITH THE HELP OF A REALTOR®!

Using a REALTOR® to help you buy a home is FREE. There is NO Cost to you as the seller pays the buying agent, including NEW Construction! A great deal of time and research goes into finding the property of your dreams, and whether you are buying a condo or one of the many  Orlando pool homes for sale, you need to have a good understanding of the current real estate market. Many potential buyers find that the entire process is daunting without the help of a real estate agent.  Starting with the search and the negotiations, and ending with the signing of the contract and the closing. 

A home is one of the largest financial investments you will ever make,  which is why the 1 Percent Group can help you every step of the way.

Owning your own home is about more than just being able to decorate any way you like; it’s about being prepared to maintain your home over the years, realizing that part of your income and time will go towards repairs and maintenance. It’s about being willing to take the risks of home ownership with a realistic expectation of the rewards.

It can be discouraging to find that your salary won’t stretch as far as the home you want to own. However, sacrificing a huge part of your income just to pay the mortgage can very quickly make home ownership a burden rather than a point of pride. It’s better to buy a modest home now and look at purchasing your “dream home” in a few years.

This is something that lenders take very seriously. Your overall debt should not be more than 40% of your income, and your housing debt should not be more than 32%. What 32% of your income will buy depends on where you want to live. In rural or downtrodden areas for example, it can buy a very comfortable residence and ample acreage. In highly sought-after urban areas however, it may not even buy a 400 square foot bachelor suite.

Do you like the idea of cleaning your own gutters? Do you shudder at the thought of lawn care? Would you rather just pay a fee every month and have everything done for you? Would obeying rules about when you can have your garbage cans out bother you, or do you want to live in a neighborhood where everything is ‘just so’? The answers to these questions can help you narrow down the search for the right type of property for you.

Use a Mortgage Calculator to figure out what your mortgage payments will be on the home you want.

POPULAR HOME LOANS

Which loan is right for YOU?

First Time Homebuyers Winter Garden

FHA Home Loans

FHA home loans are popular among Florida first-time homebuyers due to low down payment and credit requirements.

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Jumbo Mortgages Winter Garden

VA Home Loans

The VA loan is a $0 down mortgage option available to Veterans, Service Members and select military spouses. VA loans are issued by private lenders, such as a mortgage company or bank, and guaranteed by the U.S. Department of Veterans Affairs (VA).

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Conventional Home Loans Winter Garden

Conventional Home Loans

A conventional(fixed-rate mortgage) is a popular type of home financing because it offers predictability for your budget.

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Jumbo Mortgages Winter Garden

Jumbo Mortgages

Jumbo home loans are most appropriate for a segment of high-income earners who make between $250,000-$500,000 a year.

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Jumbo Mortgages Winter Garden

Refinance Options

Your home is an investment. Refinancing is one way you can use your home to leverage that investment. There are several reasons you may want to refinance, including getting cash from your home, lowering your payment and shortening your loan term.

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Contact us anytime you need to know more about the area or any property that interests you. When you’re ready to take the next step toward purchasing a home, we’re here to help.

We Can Help and it’s FREE to use our services as the seller pays our commission, INCLUDING New Construction!

You need a good agent who will work hard for you. Our real estate team is dedicated to helping you find the right home, at the best price. We want you to find the home that will make you happy and successful in real estate ownership.

When you hire us to help you buy your first home, we want to know what you want and how much you can afford. Then we’ll find a way to merge these two priorities and find a residence that you’ll enjoy owning.

Keep your objectives in mind when visiting a home. Sometimes the idea of owning a home can overwhelm your practical sense, so keep your feelings in check. Keep a list handy of the features that you need and want in a home, and judge each home by the list instead of by details that could distract you from your goal. When you’re alone with your agent, you can go over the pros and cons of each home. We can help you stay on track while still keeping our eyes out for a great property.

Engage the services of a good real estate lawyer. We can recommend several lawyers in the area who might be a good fit for you. Interview them to ensure that you get someone you can work with. The legalities of transferring land ownership can be dodgy, and a lawyer can be your best defense against future legal troubles. A good lawyer can charge several hundred to over a thousand dollars for their services, but the thousands of dollars saved in legal fees later on makes this a good expense.

Make the offer. This can be a maze of “buyer”, “seller”, “chattels”, “deposit”, and “completion”. We’ll be happy to prepare the paperwork and go through it with you before submitting it. Remember, the seller may reject or counter your offer, so even at this late date, avoid setting your heart on the home you hope to own. You’ll probably have to write a deposit check to the seller’s broker that proves the seriousness of your offer.

Get all necessary inspections done. A home inspector will check for signs of harmful materials like asbestos, lead paint and mold. They’ll also check for evidence of pests, faulty wiring and leaks. This is a crucial part of the home purchase. Not getting an inspection done means that you could be stuck in a home with a bad case of black mold and no recourse other than to pay for its removal. Inspections will cost a few hundred dollars, but again, this is more than worth it in the end. There are several inspectors in the area that we’d be happy to recommend.

Remember: We will help with your Closing Costs!

Do a final walkthrough before closing the deal. We’d be happy to do this with you to make sure that everything agreed upon is completed prior to the final signing.

From the first interview that determines your requirements to the moment that you receive the keys, we can help you with the complicated process of buying a home. Don’t hesitate to contact us to find out more about how we can make the home buying process easier!

Please fill out the form below and one of our qualified agents will be in contact to help you get started on your home search:


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