Testimonials

Dear Penny, I am writing to express my sincere appreciation for all of your efforts in the sale of my condominium. You delivered the utmost in professional services with your marketing of the home, management of the transaction, communications, and the many other facets of staging the property. by Tom Gaughan
My wife and I recently had to sell our home in Davenport as well as wanting to purchase a New home in Davenport. To say we were blessed to come across Lee Cooke and Kaylee Cooke from Top Villas Realty would be an understatement! by Michael Beshel
Penny was totally excellent. She made the stressful home buying experience thoroughly enjoyable. I can honestly say I had a great time house hunting with Penny and I've not laughed so much in ages! If you're looking for a totally professional but fun, approachable, honest and personable realtor then you should meet with Penny. by Andy Lambourne
Prev
Next

Main Content

Tips for First-Time Homebuyers

Here are our Top tips for First-time homebuyers in Orlando to make sure you get exactly what you are looking for and even tips to make sure your expectations are greater than imagined.

Tips for first-time home buyer in Orlando

Tips for a first-time home buyer in Orlando

Most first-time homebuyers in Orlando are excited and nervous at the same time, there are so many homes in so many neighborhoods, how do you possibly know which one is going to be perfect for you and your family. The home will no doubt be the biggest and most expensive purchase of your life so getting it right can mean the difference between complete financial disaster or a lucrative short and long term investment.

Choosing the right agent and team will make all the difference when buying a new home

  • Choosing the right agent for your first-time buyer purchase

Make sure you find an agent and company that has experience in the area you are looking to buy.  Any realtor can sell any home within Florida however this does not mean they know what they are talking about. Read reviews and look at past sales to make sure you have the right agent.

  • Choosing the right location

It’s important to know what you are looking to achieve.  Are you looking for a home to live in yourself or a home that you can use for short term rentals in Orlando to generate an income?

  • How much can you afford to spend?

Most realtors sell all styles and sizes of homes at different price ranges, be honest about what you can afford upfront to save any awkwardness later on.  Get advice from a mortgage broker or lender and get a pre-approval beforehand so your expectations are managed from the start.

  • Financial process

When becoming an Orlando homebuyer you need to decide if you are paying all cash or financing. If you are financing your purchase be prepared for a lot of questions and paperwork.  It may seem like a daunting process but keep going, answer all the questions as they come in too the best of your ability and do not ever be discouraged.

  • Be upfront about what you are looking for

Many realtors have been doing this for a long time, they are experts in their field so simply tell them everything you require in as much detail as possible in order to save you time pointlessly touring homes that you know you are not interested in.

  • Create a list

Create a list of everything you want in a home and share this with your Realtor before touring any homes, as you walk through homes add or remove items from your list to help narrow down your list.

  • Share your feedback

Be as honest as possible, if you didn’t like it, simply say so.  It’s a waste of your time if you tell the agent the house was nice when in reality you did not like it as the realtor will continue to show you homes of a similar standard and style.

 

Speaking with an Agent

An agent for first-time homebuyers is an invaluable asset. They will be your representative when negotiating for a home, they will be able to get you access to any home that is on the market as well as off-market listings also known as pocket listings.

 

We hope you enjoyed our Tips First-time homebuyers Orlando. You may also enjoy reading about the best places to live in Orlando

 

If you are interested in learning more, feel free to contact one of our team today.