Category Archives: Home Buying Tips

What You Need to Know

  • Secure all doors, windows and openings when you move into your new home.
  • Change all keys to all existing locks. Get a good locksmith and they can match the keys and you may save money on buying a bunch of new locks.
  • Cover all windows with blinds or curtains so no one can see inside while moving in.
  • Do not leave all the moving boxes pilled up outside for days.
  • Make sure all your smoke detectors work! You can buy one at your local hardware store. Make sure they have the 10-year batteries.
  • Check your local power company, as they sometimes sponsor a portion of insulating your home. Try to get the highest R rating (best insulation) you can afford.
  • Buy a programmable A/C thermostat so you can set the system to turn off and on only when you are at home.
  • Install ceiling fans in as many rooms as possible as they will help move the air around the house and also to regulate temperature at a low cost.

Top 10 Home Buying Mistakes

  • Have money saved before starting to look around. In South Florida the median home prices are higher, so you may need at least $10,000 to start.
  • If financing, make sure you meet with a qualified mortgage professional to learn about all the loan programs and what is needed to achieve financing.
  • Once the financing is in place, do not make any significant financial moves. Ex: Car purchase, furniture and electronics. Consult you mortgage professional first.
  • Everyone wants a deal. Remember, if a bank is giving a loan for a property they have minimum requirements for the conditions of a property to actually issue the loan.
  • Gather the decision makers and write down the ideal characteristic of a new home. Figure out where you would compromise and the must haves.
  • Consider closing and finalizing your transaction with a Real Estate Attorney, as they are held to the highest standard and will assure for a proper closing.
  • Once under contract, add all important dates to your calendar so you do not miss any key deadlines.
  • Do not make large purchases at all before your closing. Yes, it’s a repeat because it’s important!
  • Do not change jobs and do not go out and open your own business before a closing.
  • Make sure you review your insurance documents so you are aware of the coverage. Ex: Deductible, wind coverage, content, separate structure, vehicle damage on property, etc…