Category: Buying A Home

What does an aging population mean for the housing market?

Posted on September 24, 2014 by Great Florida Homes

The aging population of the United States has been a growing concern on many levels, from what to do about social security to the housing market. The number of Americans age 50+ will grow to 132 million by 2030, which is an increase of more than 70% since 2000. This is a major shift in …

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How much mortgage can you really afford?

Posted on August 20, 2014 by Great Florida Homes

Here are some tips to help you determine a realistic budget for your house hunt! Different lenders will qualify you for different amounts. Going with the biggest mortgage option is not always the best option. There are some things you should consider before jumping into a large financial decision such as a house mortgage. Think …

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Home Buyer Tips for 2014

Posted on July 8, 2014 by Great Florida Homes

The housing market is constantly changing. As a buyer it is tough to keep up with the trends and seizing the opportunity to buy when the time is right. In 2014 the buyers market has been competitive and appears to be continuing in that direction. It is important to be prepared before making the decision …

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How Can a Real Estate Team Help?

Posted on February 16, 2014 by Great Florida Homes

When you want to buy or sell a property, you might find yourself wondering if you have the time, energy, resources and contacts to complete the transaction on your own. No matter how organized and efficient you are on your own, it’s always best to have some professional help, allowing the transaction to go even …

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What To Do Before Applying for a Single Family Home Mortgage

Posted on December 10, 2013 by Great Florida Homes

Everyone has a checklist for our personal goals, whether it is written in a journal or just being kept as a secret in the back of your mind. Although time will always march on, you cannot deny the fact that you and your family want to enjoy the holidays and all the things that make life worth living in the place you call your …

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Home Inspection Tips That Every Home Buyer or Seller Should Know

Posted on November 27, 2013 by Great Florida Homes

Buying a house is one of the biggest investment that a person can make. Although it is rewarding despite the stressful process of contract negotiations and lots of paperwork for the mortgage application, owning that new home doesn’t stop there. Part of the process is the home inspection. The following are home inspection tips that every …

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It’s Still Much Better to be a Homeowner!

Posted on September 25, 2013 by Great Florida Homes

Even as home prices in South Florida report this month, a recent real estate report shows it makes better sense to buy a home that to rent. The report shows buying is 52 percent more affordable than renting in Palm Beach County. As for Broward County, buying is more affordable than renting by 47 percent. …

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Buying a Flipped Home? Be Careful!

Posted on September 23, 2013 by Great Florida Homes

Are you buying a flipped home from an investor? Then you should know you need to protect yourself! Investors who buy homes after a foreclosure and fix them up is a popular real estate investment strategy in South Florida.  If done properly, this can work out very well and can result in a great profit …

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Mortgage Rates Decline!

Posted on September 20, 2013 by Great Florida Homes

Potential homebuyers who are made cautious by increasing mortgage interest rates in the past few months should act now! Because of the decision made by the Federal Reserve last Wednesday, rates for 30-year fixed mortgages dropped by about a quarter of a percentage point, becoming one of the biggest one-day drops in recent years. Looking …

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Real Estate and Due Diligence

Posted on September 12, 2013 by Great Florida Homes

Lots of real estate websites put importance on doing due diligence prior to placing an offer. What is “FHA” anyway? Despite sounding like a term you’d commonly hear on a legal drama, “Due Diligence” is simply the act of investigating prior to signing a contract. Common sense dictates that “Due Diligence” is an important part …

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