How can you avoid overpaying for a home in Florida?
There are steps that you can take that can help you in avoiding paying to much for your next home.
- Research. You can research the sold prices of homes in most any area by visiting the property appraiser's office or website or you can ask your real estate agent to conduct a market analysis for you by using the sold comparable available in the MLS. Compare recent sales to the asking price of the home you are thinking of buying to determine if the home is priced correctly.
- Appraisal. Make sure you receive an appraisal of the property. Most lenders will require an appraisal to be completed prior to the lender loaning any money on the home.
- Search for bargains. Short sale, HUD homes, pre-foreclosures, bank owned and foreclosed homes are being sold in Florida right now at incredible savings and prices. Make sure your real estate agent is showing you homes in these categories.
Taking your time and enlisting the services of a full time real estate professional can help you avoid paying to much for a home.
Contact me if you would like to take advantage of our services.
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