Posts with tag 'budget'

If you are preparing to purchase a home in Central Florida, understanding the escrow process is one of the most important steps you can take. Working with our real estate agents at Watson Realty Corp. ensures you have experienced guidance at every stage of your transaction.

What Is Escrow and Why Does It Matter in Florida?

When you purchase a home in Central Florida, escrow serves as a built-in layer of protection for everyone at the table. A neutral third party holds your funds and key documents until every condition of the sale is satisfied, giving both buyers and sellers peace of mind from contract to closing. The

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Whether you've sold a home or not, you're likely familiar with some common home-selling tips or pieces of advice that you've been told or read in some article. You may even believe some of them! Even if delivered with the best intentions, the fact is a lot of the most common home-selling tropes are myths, and we're here to play the role of real estate myth busters. Here are eight home-selling myths you shouldn't believe.

The Myth: My house will sell in the first week!

The Truth: Your home may very well sell in the first week! We're currently in a seller's market, which means there's more demand than there are homes for sale. So if you were to list today, there actually is a good chance your home would sell very quickly.

However, that's only true when the market favors sellers. In other t...

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Whether you're a first-timer or you've purchased a home before, there comes a pivotal point when considering a new home where you have to ask yourself: Are you actually ready to buy? At first the answer might seem simple, but it's not a mere yes or no. Multiple considerations should factor into your answer, from debt and income to down payments and closing costs. You're not going this alone, though. We've prepared this guide to help you make sure you truly are in a good position to buy. So, are you ready to buy a house? Read on to find out.

Do you know how much house you can afford?

As we mentioned in our home-buying budget guide, it's important to go into your home-shopping experience with a firm idea of how much you can afford on housing each month. G...

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So you're ready to buy your first home. Great! Home ownership is a unique gift, one that will continue to give back to you in time if you treat it right. As such, however, it's a major investment that can only come from careful planning, dutiful research, and a disciplined budget. Completing such a large purchase may seem daunting, but we're here to show you how to budget for your first home.

Plan Ahead

Saving for a house isn't the same as saving for a new couch or even a new car. You'll need as much preparation as you can get, so the sooner you start looking, the better. Have a look at homes for sale in areas you're interested in as early as a couple years before you're ready to buy to get an idea of the price range. In addition to pricing, browsing early can help you determine your priorities. How big of a house do you wa...

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