Buying an Orlando Home
Buying an Orlando home is an exciting time in one's life. Making the smart move of choosing a
REALTOR® that has the Accredited Buyer's Representative (ABR) Designation and the local expertise is your first step to ensuring that your new Orlando home and Orlando community meet your needs. Typically the seller pays for the services of the Buyer's Agent, so you are getting expert real estate consultation for FREE. Our services and experience range from financial aid to helping you find the home that best suits you and your family. For your convenience, we also provide listings by email. We pride ourselves on repeat business and hope you'll come to understand why.
How We Can Help
Before you start looking
Closing Costs
Buying Timeline
Home Inspection Information
Relocating to Central Florida
- Assure that you see all the properties in the area that meet your criteria.
- Guide you through the entire home buying process, from finding homes to look at, to getting the best financing.
- Make sure you don't pay too much for your new home and help you avoid costly mistakes.
- Answer all of your questions about the local market area, including schools, neighborhoods, the local economy, and more.
Before You Start Looking For Your New Home:
- Get a FREE CREDIT REPORT NOW. Straighten out any errors before its too late.
- Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.
- Find a loan program that meets your needs and get pre-qualified (preferably pre-approved).
- Choose a REALTOR® that you trust and who understands your needs.
- Determine what neighborhood best matches your needs.
- Identify important features you need your new home to have.
- Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.
- Third-party fees include charges for insurance, title search, and other inspections such as termites.
- Government fees include deed recording and state & local mortgage taxes.
- Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.
The time it takes to buy an Orlando home depends on the home search period, negoitation period, and the financing period. Each Orlando buyer's situation is different but typically it takes 60-90 Days. Orlando home buyers should espect to have enough money to pay for the following upfront expenses: Good Faith Deposit/Escrow, Home Inspections, Appraisal, and some of the time Home Insurance. The following is a sequence of events for buying a home in Orlando:
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Obtain Pre-Approval/Pre-Qualification
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Select Properties
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Visit Properties
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Submit Offer on FAR/BAR 8 Contract with Good Faith/Escrow Deposit
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Negotiations
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Once you reach an agreement, the Offer Becomes the Contract
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Have Inspections (Home, Wood Destroying Organism (WDO), and Special)
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Get an Appraisal
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Set up Home Insurance
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Obtain Additional Necessary Documentation for Mortgage
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Conduct a Final Walk Through
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Closing (Celebration)
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Get Your Keys and MOVE IN!!!
Buying a house may seem like an endless series of critical, important decisions. When you find the house that is right for you, you need to find a home inspector to educate you about the condition of your new home. This is a commonplace and a wise decision, even when buying a newly constructed home; the additional peace of mind that a professional home inspection offers is invaluable. Choosing an American Society of Home Inspectors (ASHI) inspector means choosing someone you can trust to objectively and independently provide you with a comprehensive analysis of the home’s major systems and components—apart from anyone's interests other than your own.
Relocating to Orlando may be a challenging experience unless you have the information and resources you need. These Central Florida Relocation Guides provide you with information and resources that are available in Orlando to help make your transition easier. In addition, I have included useful links to information about schools, government agencies, and entertainment & recreation activities for you to explore what Orlando has to offer!
Central Florida's Official Relocation Guide
The Orlando Citybook: A Central Florida Relocation Guide
