Credit scores are one of the most important factors in buying a home. Your score determines what mortgage programs are available to you and how high an interest rate you will pay. An extremely low score can prevent you from buying a home. A very good score can save you money on interest. Therefore, it's worthwhile to take the time to review your credit report and look for ways to increase your scores. Here are a few ways to improve your credit score before purchasing a home in Apopka Florida. 1. Correct Credit Report Errors It's very common for credit ...
5 Ways to Improve Your Credit Score Before Buying a Home
October 13, 2017
Home Purchase Price Limits Change with Interest Rates
October 10, 2017
If you are in the market to purchase a home, you probably have a pre-approval from a mortgage lender that lists a purchase price. You may think that the purchase price limit in that letter remains true throughout your home search,... after all, you are pre-approved. What you may not be aware of is that home purchase price limits change with interest rates. Rates are expected to increase in December, so this could make a difference in your purchase plans. Here's why. Pre-approvals Are Based on Assumed Interest Rates When preparing your pre-approval, lenders use the then current interest rate ...
Hurricane Damage Impact on Pending Home Sales in Apopka Florida
September 29, 2017
Every year, Florida is at risk for one or more hurricanes. If you are in the process of selling or buying a home when a big storm hits, you may wonder about the hurricane damage impact on pending home sales in Apopka Florida. This information may help. Buyer Access to Damaged Properties It’s very common for buyers to request a showing immediately after a hurricane in order to survey the damage. Section 18(L) of the real estate contract allows for such showings, with reasonable notice to the seller. Understandably, buyers are just as concerned about damages as sellers are. The amount ...
5 Common Home Renovation Mistakes in Apopka Florida
September 19, 2017
You may be in the process of planning major home renovations as a result of damage from Hurricane Irma. To make the most of your investment dollars and to maximize the value of your home, avoid these 5 common home renovation mistakes in Apopka Florida. 1. Poor Planning Like most folks faced with flood damage, you probably just want to get things done so life can finally return to normal. However, it is important not to rush things, especially when it comes to major renovation projects! Give yourself sufficient time to review all relevant information and to make the right ...
Flood Damage Impact on Apopka Florida Home Values
September 13, 2017
The entire state of Florida was impacted by Hurricane Irma. This historical storm will have a lasting impact on Florida residents. It will also undoubtedly impact the real estate market. As a homeowner, you may be wondering about the short term and long term flood damage impact on Apopka Florida home values. Here are a few different ways that it may do so. Severity of Damage and Quality of Repairs Potential home buyers will be concerned about exactly how much damage was caused to your home and what types of repairs were completed to address it. A home with minor ...
4 Common Mistakes for First Time Buyers in Apopka Florida
August 31, 2017
As with most things in life, you learn from experience. When it's your first time buying a home, you are more likely to make these common mistakes. Learn from the mistakes of others and avoid these common mistakes by first time buyers in Apopka Florida your first time around! Not Looking Past Aesthetics We've all done it,... we walk into a poorly decorated home and hate it but walk into a well decorated home and love it. It could actually be the same home, yet we can have drastically different opinions based on the current owner's belongings. Unfortunately, or maybe ...
Preparing Your Apopka Florida Home for Showings
August 23, 2017
When it comes to selling your home, it's all about presentation. You want buyers to focus on the desirable features of your home and avoid any unwanted distractions. Proper presentation can lead to more interested buyers, a quicker sale, and a higher selling price. With that goal in mind, here are some tips on preparing your Apopka Florida home for showings. Stage Your Home The most important step in preparing your Apopka Florida home for showings is to stage it. This includes neutralizing the decor, putting away family photos, taking down political or religious statements, and moving around furniture. Read more ...
5 Quick Ways to Make Your Home Look Like New
August 4, 2017
You don't need to spend a ton of money or go through an extensive renovation to make your home look like new. There are some minor and subtle changes that can make a big impact. Here are 5 quick ways to make your home look like new. 1. Add a Fresh Coat of Paint It's amazing what paint can do! Changing a color can completely transform a room. Think about what you're looking to accomplish and research colors that help you achieve that goal. For a calming effect, go with shades of blue. To make a room feel larger, go ...
4 Money Saving Mortgage Tips for Apopka Florida
August 1, 2017
Buying a home and obtaining a mortgage are one of the most significant financial decisions that you will make in your lifetime. It is important to know that you have options when it comes to selecting a mortgage company and choosing a specific mortgage program for yoru Apopka Florida home purchase. Here are 5 money saving mortgage tips that you should keep in mind. 1. Shop Around and Compare Fees Although many mortgage companies provide similar loan programs (conventional, FHA, etc.), their fees will vary. Most buyers know to ask about interest rates, but they often forget about the many other ...
Seller Mistakes to Avoid in a Hot Market
July 20, 2017
Selling during a hot market is a seller's dream! High home prices, possible bidding wars, and quick sales are more common during a seller's market. However, some sellers make critical mistakes and fail to take advantage of this market. Below are 5 seller mistakes to avoid in a hot market. 1. Pricing Too High Home prices are high,...well higher than they were before. However, this doesn't mean that you can select any price point. Sellers still need to consider the competition and look at what homes are selling for in the area. Outpricing the market will result in less buyer ...