Nicholas Desantis' Blog
When you buy a home, there’s more to shop for than just the right place to live. Before you settle with a lender, you should shop around a bit. You want to be sure that your lender has your very best interests in mind when you’re in the midst of making one of the biggest purchases of your lifetime. Below, you’ll find some of the most important questions that you need to ask a lender while you’re in the process of buying a home.
Do You Offer Any Special Programs?
Choosing the right lender involves choosing a firm that offers the types of programs that will be helpful to your specific situation. You should look for a lender that offers a wide array of loans to suit your needs. Beware of any lender who tries to push you into a certain type of loan, especially if you don’t feel that it is a good fit for you.
Do You Understand The Terms Of Certain Types Of Loans?
If you are seeking a certain type of loan, you probably should tell your lender that upfront. Of they seem familiar with it and have worked with the loan before, you’re in good hands. If the type of loan that you’re looking for is more uncommon, then you may need to shop around carefully for the right lender who understands your needs.
Do I meet The Qualifications For Specific Loans?
The requirements for the same loan at two different lenders could be different. Things like your credit score could be a big factor. If you have a less than desirable credit score, this would also prompt you to want to look around a bit. You should know that different lenders have different terms and looking at a few lenders could be beneficial to you.
What Are The Mortgage Rates?
You’ll need a general ballpark idea of what rates will be for you when you finally secure that home loan. Keep in mind that rates fluctuate often and that an estimate will be just that. It’s not a number that will be set in stone, however, it will give you a good place to start as you shop around for a loan.
Do You Help With Down Payments?
There are many down payment assistance programs available and your lender can help you to navigate them. The more you put down, the better your interest rate will be. If the amount that you’re able to put down on a home is a factor for you, definitely discuss it with your lender.
Can You Provide Pre-Approval Proof?
In hot real estate markets, you’re going to need some proof that you’re pre-approved in order to have the upper hand once you put in an offer on a home. Your lender should be able to provide your real estate agent with a certified letter of your pre-approval and the amount.
Choosing the right lender is just as important as choosing the right realtor and the right home to buy. It’s just another part of the home buying process!
Buying a luxury home in Jacksonville, Fort Lauderdale or any other Florida city or town may prove to be ideal. In fact, there are many reasons to pursue a Sunshine State luxury residence, and these include:
1. You can find a house that you can enjoy for years to come.
Florida luxury residences come in a variety of styles and sizes. Therefore, you should have no trouble discovering a Sunshine State luxury house that can serve you well both now and in the future.
If you decide to search for a Florida luxury home, it often helps to create a list of house must-haves. For example, if you require a luxury house that is close to your Miami office, you may want to hone your home search accordingly.
In addition, it may be beneficial to focus on luxury residences in your preferred Florida cities and towns. This will allow you to accelerate your quest to find your ideal Sunshine State luxury house.
2. You can buy a residence that provides convenient access to Florida's top attractions.
The Florida luxury housing market offers many opportunities for buyers. If you enter the Sunshine State luxury housing sector, you can pursue a home that provides quick, easy access to some of the state's top attractions.
For instance, if you've always wanted to own a luxury home close to Disney World, you can pursue a Florida luxury residence in Orlando. Or, if you would like to live near the historic landmarks in St. Augustine, you can search for a luxury house in the city itself.
3. You can own a house in a warm-weather state.
On average, temperatures in Florida range between 60°F and 80°F throughout the year. Thus, Florida luxury homeowners can reap the benefits of warm weather month after month.
For those who pursue a Florida luxury home, it is important to account for the state's above-average temperatures too. As such, you may want to consider Sunshine State luxury residences that offer high-quality air conditioning systems. It also may be helpful to pursue a Florida luxury house that has its own swimming pool.
Clearly, there are many reasons to consider the luxury houses in Florida. If you collaborate with a real estate agent, you can receive extensive support as you search for your dream house in the Sunshine State.
A real estate agent is a homebuying expert who can help you navigate the Florida luxury housing market. He or she first will learn about your Sunshine State luxury homebuying goals. Next, a real estate agent will craft a plan to help you accomplish your desired results. A real estate agent then will work with you to help you find your ideal Florida luxury residence.
When it comes to conducting a Florida luxury home search, there is no reason to work alone. Fortunately, real estate agents are available across the Sunshine State. If you hire a real estate agent today, you can kick off your quest to find and buy a terrific Florida luxury home.