Tips on Finding the Best Mortgage Officer

A home buyer’s experience should be seamless and stress-free. However, to have a smooth home buying experience, you must work side by side with a good loan officer. A loan officer, also known as a licensed loan originator or registered loan originator these days, is an individual whose main responsibility is to provide services such as gathering personal information from loan applicants and working with the receiving end underwriting department. In this article, we are going to explore practic...

Date Published: May 10, 2021 | Author: Erika

5 Pitfalls of Offering Over the Asking Price

5 Pitfalls of Offering Over the Asking Price
  In today's crazy real estate market buyers are offering far more than the asking price and sellers are snatching up those offers with wild abandon. For many buyers, paying more than the list price goes against the grain. For years, many people would simply always offer less than the full asking price and then negotiate from there. But in a sellers market, many buyers are gladly paying more than the home's listing price because of the high demand and low supply. Home prices continu...

Date Published: May 6, 2021 | Author: Erika

Mortgage Options for First-Time Home Buyers

Mortgage Options for First Time Home Buyers
  It's a tough real estate market right now, especially for first-time home buyers. All cash offers, over asking price offers, and multiple offers are beating out first-time buyers at an alarming rate. Being preapproved is not enough to get your offer accepted these days. Buyers need to be well-qualified, have cash in hand, and have an expert negotiator on their side. That's exactly what Buyers Broker of Florida does for all of our buyers. We work solely for buyers making sure they g...

Date Published: April 28, 2021 | Author: Erika

How Long Does it Take to Close on a House? A 10-Step Process

How Long Does it Take to Close on a House? A 10-Step Process
Finally! After multiple offers, escalation clauses, sitting on pins and needles, and biting your fingernails, your offer has finally been accepted. This is a crazy market for buyers and sellers and if you've been struggling to land a house, you're not alone. Everything matters, including the details from having enough earnest money deposit to the right down payment, timelines, motivated sellers, personal letters, and more… Oh my! But now that your offer is accepted, you're probably wondering h...

Date Published: April 20, 2021 | Author: Erika

7 Keys to Getting Your Offer Accepted in a Seller’s Market

7 Keys to Getting Your Offer Accepted in a Seller's Market
It is definitely a seller's market in today's real estate world. Just about every market across the country is dealing with some form of seller's market with low inventory and a plethora of buyers. So what can a homebuyer do, especially first-time buyers, right out of the gate to compete with the onslaught of other competitive buyers? Do first-time buyers even stand a chance? Are there things that buyers can do to prepare themselves for a tight market? There are some things that buyers can do to...

Date Published: April 14, 2021 | Author: Erika

Waverly Downtown Orlando Condos for Sale

Live where you can walk, not ride   How would you like to take a long walk around Lake Eola, walk to grocery store or see the July 4th fireworks from your balcony?   Many Orlando residents know that you need a car to get around in Orlando.  But did you know that only 3% of Orlando is considered walkable?  Finding a walkable community is rare find, but Downtown Orlando offers some options.   Downtown Orlando has alway been a popular place to live, rent, work and is highly ...

Date Published: November 18, 2020 | Author: Erika

Should I buy New Construction or an Older Home?

Home Buying New vs. Old Home Dilemma   Many home buyers are sometimes puzzled with what they should or can buy.  Should they buy a brand new home or resale home?   In Central Florida, there is an abundance of new construction and buyers always  have a choice whether to buy brand new construction or a resale home. Pretty much it is their choice which to buy as long as it fits the budget.   New construction homes are popping up where their used to be vacant areas of land. ...

Date Published: June 11, 2020 | Author: Erika

Can I Negotiate Closing Costs?

Can I Negotiate Closing Costs?
Closing costs are the fees paid at the closing of a real estate transaction. When a seller agrees to a purchase price from an offer we technically "open escrow" and deposit the earnest money into an account to be held until closing when it is then transferred and credited to the buyer. During the real estate transaction, there are several things that happened including home inspections, appraisals, and the underwriting process for buyers. All of these transactions cost money from courier fees ...

Date Published: June 1, 2020 | Author: Erika

Top 10 Things Most Home Buyers Overlook

Top 10 Things Most Home Buyers Overlook
The last thing anyone of us wants to do is make a mistake, especially when it comes to home buying. Purchasing a home is a big undertaking and responsibility, not to mention an investment worth hundreds of thousands of dollars. Sometimes our emotions can get wrapped up in the purchasing process and we can miss a few important things. Whether it's neglecting certain contingencies, addendum's, or simply missing something altogether that was a big red flag, stepping back a moment, pausing, and real...

Date Published: May 22, 2020 | Author: Erika

10 Questions to Ask When Buying a Home

10 Questions to Ask When Buying a Home
Buying a home comes with a lot of responsibility and if you've never done it before it can be a little bit stressful and scary. Even if you have purchased before and it's been a while, this is a large investment and you don't want to make a mistake. If you're planning on buying a home here are 10 questions to ask so that you know more about the property, feel comfortable with your purchase, and enjoy your home long after you've signed those final documents.   #1. What is the home's sale...

Date Published: May 14, 2020 | Author: Erika