First-Time Buyers
Maybe you’ve been renting for years as you saved up for a down payment. Maybe you’ve finally found the perfect job, and you’re ready to put down some roots by making some real investments as a first-time homebuyer in Florida.
Make your first move
The Advantages of being a first-time homebuyer
Whether it is your first time buying a property or not, the buying process is a big and exciting move.
Believe it or not, there are some perks to being a first-time homebuyer in Florida! These come in the form of special financial assistance programs (both state and federal) and tax breaks.
The U.S. Department of Housing and Urban Development (HUD) specifically defines first-time buyers. We can help you determine if you are eligible to apply for these programs.
First Steps
Things to consider
1. Finances
While the down payment will be your biggest initial expense, there are other costs that you need to plan for. These may include:
- Initial deposit to your escrow account
- Appraisal and inspection fees
- Survey charge
- Title insurance
- State and federal fees and taxes
2. Plan ahead
Look at the house’s total cost, including property taxes, homeowner’s association fees, and expected maintenance costs, to figure out how much you can actually afford to spend. Keep a few months’ worth of mortgage payments in a separate account in case of an emergency, and start saving money for the inevitable unexpected expenses such as replacing a roof or water heater.
3. Dream “medium”
Consider buying a house in the moderate price range for its neighborhood. This way, your home has room to grow in value. If you buy a house that’s already at the top, it may not rise in value as much as a lower-priced house with improvement potential. The money you save can be used to remodel your home the way you like.
Worth Real Estate Company
Ready to find your new home?
Are you planning to buy a new home or list your property for sale in Lake Nona, downtown Orlando, Central Florida, and other surrounding areas? You need to work with a trusted real firm like Worth Real Estate Company to guide you throughout the process.
Download a free Home Buyer’s Guide packed with valuable information on current market trends and other home buying insights.
The best way to buy a house
Why buy a house with Worth Real Estate Company?
We will find a property that is worth it for you!
Your home is one of the most significant investments you will ever make. You need clear, trusted information and guidance on Central Florida real estate for buying or selling your property.
That’s where Worth Real Estate Company comes in. With over 40 years of experience in real estate, we have made a name in the industry as a trusted real estate company in Florida and the United States.
With our experience and expertise, we can find the best properties for your family!
Lake Nona Real Estate
Why work with Worth Real Estate Company?
The numerous investments, listings, and paperwork requirements require a lot of effort to buy or sell a property. Working with a Real Estate Agent lessens the hassle of buying or selling a property. Worth Real Estate Company ensures prompt, dependable, and competent service with the help of our esteemed experts.
Worth Real Estate Company provides service to future homeowners or property sellers. We do Property Listing, Estimates, Property Management, and other services covered when you buy or sell a property. Our services are designed to continue allowing clients to make the best move possible.