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          STEPS in Home Buyingcontinued

 

               STEP 2 --  CLARIFYING REASONS

Do you want to move to a new town? Do you need a larger or smaller home? How long will  you own your new home? Buying or selling a home is expensive. Assess your finances. Do you have cash for down payment and closing?  Can you afford the mortgage, taxes and insurance? Do not overlook tax shelter. In Southwest Florida ownership is generally a nice investment: mortgage interest, and taxes are deductible and, profits from the sale of a home are often exempt from capital gains taxes.

 

                    STEP 3  --  GROUND WORK  

Look over all the communities offered in Southwest Florida, both resale and brand new homes. This will help you to know where you want to look first. This blends the  'geographical' ‘where’  with the ‘what’ of yard, style, size, and features. Get as much of the work done with a lender as is possible at this stage. This helps to know how much you  want to spend and  to get a jump on the paper work.

 

                          STEP 4  --  LOOKING

There is no reason why 'finding'  the house you want should take too long if we do the ground work properly. One way to keep the ‘finding’ shorter is to let the computer do the walking for you. We can do a  huge  amount of ‘viewing’ houses with the computer. Then start looking at houses in the car by drive past, sometimes ‘entering’ the house for viewing. Southwest Florida market has turned to ‘buyers market’ so the  selection is very good; (and this can be a trap to ‘over shop’). But the probability of finding  a ‘good deal’ is way up.

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