Category: Buying A Home

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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Inventory is Easing Up for Home Buyers

Posted on September 6, 2013 by Great Florida Homes

In the past year, the tight supply of homes have defined the South Florida housing market, driving listing prices higher and turning it into a seller’s market. However, this tight inventory is starting to ease up according to local real estate agents and analysts. Ever since prices hit rock bottom in early 2012, investors and …

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Buying a Second Home in South Florida

Posted on July 25, 2013 by Great Florida Homes

Do you enjoy your holidays in Florida? Are you tired of having to look for beachfront properties to rent or having to book a room at a substandard hotel because all the good ones are fully booked? Do you find yourself spending more and more time in South Florida? Are you even thinking of living …

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Tips for the First-Time Homebuyer

Posted on July 12, 2013 by Great Florida Homes

Last May 2013, first-time home buyers accounted for 28 percent of existing home purchases. According to the National Association of Realtors (NAR), although this number might seem high, it’s actually significantly lower than last year’s 34 percent. This decrease in numbers is alarming some housing analysts and economists. Sadly, lots of first-time home buyers missed …

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