There are many things to consider when buying a home, but one thing that many people forget is to do their research on the local matters in that area. Before committing to a new home, take the time to do the research and go over the five things to consider when buying a house in Brevard County, FL.
Research local market conditions
It’s always a good idea to take a look at the local housing market prior to beginning your search for a home because it will get you a head start of knowing where to set your budget. Our team is constantly keeping up with current market trends so that we can help you make the most informed decision possible.
Quote homeowner’s insurance fees
Once you’ve narrowed down the house hunt and found a few homes that fit the bill, run the addresses by a licensed homeowners insurance agent. There are a lot of contributing factors to how Florida home insurance fees are calculated due to the often-volatile environment, even within the same block.
Once you’ve gotten the quotes, remember to add your homeowner’s insurance fees to your monthly housing budget considerations. Knowing what sort of coverage your prospective home will require ahead of time will help you determine the mortgage size for your budget.
Get a home inspection from the best
Home inspectors are some of the most detail-oriented, safety-conscious people on the planet. This is why home inspectors are extremely important and can become one of your best friends in the home buying process, particularly in the negotiation portion.
Home inspectors perform a detailed survey of the home that fully investigates the ins and outs of the entire property. They’ll check the condition of everything ranging from the home’s foundation to any broken light bulbs.
From there, you and your real estate agent can negotiate requirements to have the items fixed or the amount of the expected costs reduced from the sales price. Plus, you’ll be able to rest assured that your new home is in tip-top shape.
Request closing costs and real estate fee estimates
The Garrett Bell Team will provide you with real estate closing costs and fee estimates (called a ‘Settlement Statement’) as a required portion of the approval process. This document will give you a very close estimate to every single fee related to the closing of your new home as well as a detailed breakdown of what your monthly mortgage and related fees will cost you.
You’re also allowed to request an earlier estimate called a ‘Good Faith Estimate’.Both of these documents ensure you know exactly what you’re committing to when you ultimately sign the on the dotted line.
Find a Florida real estate agent that you can trust
Choosing The Garrett Bell Team to represent you in Brevard County Real Estate guarantees you will be represented by a team of real estate experts who each specializes in a specific part of the transaction. Here are some questions you should ask yourself before selecting a real estate professional to represent you:
- Does this real estate agent have a history of good business practices and experience in the Brevard County area?
- Does this real estate agent have a team of support to help you with what you need and when you need them?
- Can the real estate agent back up their credentials with recent testimonials?
Looking for Brevard County, FL real estate? Give The Garrett Bell Team a call at (321) 323-7220 or email us at [mail_to email=”[email protected]”][email protected][/mail_to] and we’ll help you find your dream home. We are your trusted guide to Brevard County Real Estate, coming from generations of Realtors who have served the county well.
