There are many market predictions. However, if you want to buy your first piece of Parkland real estate, there is no wrong time. The motivation to buy is not determined by regional market conditions or by location. Industry opinions and investor speculation cannot predict when an individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual circumstances and personal needs.
Even though there are many changes in the market, both up and down, people still need and want to buy homes. This desire to buy a home for sale in Parkland is deeply rooted in the fabric of our consciousness. The value of homeownership gives far more satisfaction than ROI calculators can quantify. Think of yourself as Tom Cruise dancing in the living room in your underwear and sunglasses.
Today, there are many different loan programs with flexible terms to fit all buyers. There are city and county down-payment assistance programs to assist in buying a home. For future buyers with blemished credit, there are debt reduction and counseling programs to help gain a fresh start.
How do you make the leap to become a homeowner? First, determine that you want to buy. Get your finances in order. Determine your financial situation and check your credit to determine where you fall as a borrower. Look at all your available assets for your down payment and examine all the finance options available to you. Make sure that you have a track record of stability in your employment history. Your actual home purchase may still be 12-18 months down the road, but you can still prepare for it now.
Get preapproved for your mortgage. As soon as the financial hurdles are out of the way, speak to your lender or broker and figure out exactly how much you can afford to borrow. This will include the required down payment along with funds for closing costs. If you are buying in a seller’s market, you may want to search for homes below your approved price range, so that you can have the most room for negotiation.
Become an informed and practical buyer. Once you determine where you would like to live, determine what factors are most important for your family. Calculate your new commute time and research school information for your children. Make sure to evaluate the surrounding factors that are most important to you, along with factors that are least important.
Find a Parkland luxury home that works for you. What are the key points of consideration for your home? If you spend a lot of time in the kitchen, then you want to make sure that the kitchen can accommodate your habits. Does the Broward County public school system offer everything you want, from education to after-school sports programs? If you will be working from home, make sure that your home office setup will work. Make sure that all your telecommunications and electrical needs can be met, and your new home is ideal.
About Berkshire Hathaway HomeServices Florida Realty:
Berkshire Hathaway HomeServices Florida Realty serves 19 counties throughout Florida with over 40 locations and approximately 1,800 Sales Professionals. The full-service brokerage company, founded in 1999, is a subsidiary of Lennar Corporation, a Fortune 500 company and is a franchise member of the Berkshire Hathaway HomeServices’ network, one of the few organizations entrusted to use the world-renowned Berkshire Hathaway name. The company offers residential and commercial services as well as seasonal rentals, property management, REO & Foreclosures, corporate relocations, referral services, title, home service plans, and personal concierge services. Berkshire Hathaway HomeServices Florida Realty ranks in the Top 10 in the network among 42,000 Sales Professionals, 1,200 offices throughout 47 states. The company is the overall No. 1 fundraiser for The Sunshine Kids Foundation, having generated more than $3.37 million since 2001. Visit www.BHHSFloridaRealty.com.
