Are you looking for a new home? Interested in investing in a second home? Moving can be a stressful process, and there are several things you need to consider before you can get the process started. Whether you’re moving to a new neighborhood in your city or town, or you’re thinking of relocating to an entirely new area, it’s in your best interest to work with a reputable, well-established real estate agency to guide you through the process.
Working with the CHIODO Team
The CHIODO team wants you to be confident about your home purchase decision, and we offer a wide range of services that not only educate buyers about the purchase process, but also ensure that you are making the most informed decisions every step of the way. Our team of dedicated real estate professionals brings you several years of combined experience and we always conduct business with a focus on our core values – trust, strong moral and ethical beliefs, clear communication and loyalty in service. We use the latest tools and technologies to make sure you are always kept up-to-date on the latest inventory and notified about changes in your real estate transaction.
The bottom line is, you can trust us to handle all aspects of the real estate transaction ethically, professionally and in a timely manner.
Home Buying Tips
If you’re thinking about moving, consider the following tips about home buying:
Check your credit score.
Make sure your credit report is free of errors or omissions before your lender pulls the report to avoid delays.
Study the home buying process in advance.
Take a look at our First Time Homebuyers page to get an overview of how the process works so you can feel more comfortable about each step.
Check your debt-to-income ratio.
Most mortgage lenders prefer to extend loans to people whose overall debt is not more than 20% of the net monthly income. If you have a lot of debt, consider paying it down before approaching a lender so that you can get a more attractive rate.
Build up your savings account.
Mortgage lenders like to see a large amount of cash reserves in the bank because these can act as security for your loan.
Meet with your real estate agent.
It’s important to establish some rapport with your real estate agent so they can understand what your goals are. The CHIODO team is ready to work with you throughout the home buying process, so set up an appointment to get started!
Create your ‘dream home’ checklist.
It’s important to focus on what you want when starting your home search. Filter out available inventory by creating a need vs. want list.
Take a look at homes online.
While your real estate agent can send you links to available listings, you can do some online research yourself to identify attractive properties and learn more about different neighborhoods.
Learn about different mortgages.
Your CHIODO real estate specialist can discuss the pros and cons of different types of mortgages so that you can make the most informed decision.
Learn as much as possible about the mortgage process.
Don’t be afraid to ask questions about mortgages and the loan process. You need to educate yourself on the different terms and the overall process so that you can make the most informed decisions.
Get comfortable with the real estate closing procedure.
You can learn about the closing process through your CHIODO real estate agent or by doing some research on your own.
Home Buying Resources
We encourage all of our clients to take advantage of several free resources and guides about the home buying process so that they can make the most informed decisions. Our team is also here to help you with any questions or concerns you may have. A few recommended home buying resources include:
Buying a Home via the U.S. Department of Housing and Urban Development
http://portal.hud.gov/portal/page/portal/HUD/topics/buying_a_home
Home Buying Process from The National Landlord Tenant Guides
http://www.rentlaw.com/homebuy.htm
Homebuyers Guide via the Florida Housing Finance Corporation
http://apps.floridahousing.org/StandAlone/FHFC_ECM/ContentPage.aspx?PAGE=0045
