WHAT DO I DO TO BUY A HOUSE AS A FIRST TIME BUYER?

Asked by Gilberto Molina, Orlando, FL Thu Jun 28, 2012

Help the community by answering this question:

+ web reference
Web reference:

Answers

17
lagina7777, Home Buyer, Orlando, FL
Thu Jul 18, 2013
JOESABE LOPEZ FROM NEW HAVEN C.T ME GUSTARIA COMPRAR UNA CASA EN K ORLANDO SERCA 192 70 A 80
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Tue Jul 10, 2012
FACT #1: Very few know how to purchase real estate better than a Mortgage Broker!

First and Foremost, contact a Mortgage Broker for a class on what all you need to know and do to get the best deal!

FACT #2 Nothing closes without the financing unless you're a cash buyer.

And even a lot of cash buyers will opt to finances with rates this low and re-invest their money in other investments

The World is Not Flat, and making Mud Pies is Not difficult! Buying a home does not have to be difficult like so many try and make buyers believe.

Offer and Acceptance has not changed much in 5,000 yrs, you just need to know your options and a behind the scenes look and how real estate works.

How does a Mortgage Broker buy Florida Real Estate?

See how here:
http://www.trulia.com/blog/steve_31/2012/06/how_would_a_flor…

Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
http://WWW.PRO-OPTION.COM
Ph: 888 662 4404
0 votes
Dorene Slavi…, Agent, Torrance, CA
Tue Jul 10, 2012
Dear Gilberto,

I would interview and begin working with a patient and experienced "Buyer Agent". A good Buyer Agent will help you every step of the way to home ownership. Be sure you ask the Realtors that you interview, if they work with buyers..and if they have references. This will help you find out more about your agent, and help you make a decision. Buying a home can take as long as Six months so you want to work with someone who you can develop a nice relationship with and one you can trust.

Good Luck on your Home Purchase!
0 votes
, ,
Mon Jul 2, 2012
Find a realtor you trust and have them introduce you to the loan officer they trust the most. Gather all of the support documents that will be needed to apply for a loan and meet with the LO face-to-face, have them walk you through the process and options available, good luck, home this helps,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Mon Jul 2, 2012
Very first thing get pre-qualified which takes about 24hrs

Then, let's introduce you to a professional realtor who will help you locate your best deal and will also offer Realtor Rebate.

Below are possible ways to apply Realtor Rebate:

pay for Closing Costs

pay for Loan Interest Rate Reduction

pay for real estate attorney to represent buyer

pay for a Gift Card to Home Depot, Lowes, Best Buy

pay towards Buyer’s down payment /certain programs

pay for the 1st full year of home owner’s insurance

pay for taxes and ins. escrows

pay for a Home Warranty

pay for home repairs

pay off credit card debt

pay off car loans

pay off motorcycle loans

pay off boat loans

pay towards a new boat

pay off collections and judgments

pay to lower the sales price even further

pay towards new furniture, TV, Sound System, etc.

pay to upgrade all new appliances

pay for home remodeling and additions

pay to have home painted interior and/or exterior

pay for weekly pool maintenance

pay for credit repair

pay towards a boat purchase

pay for landscaping

pay for monthly lawn care

pay for Security System and monthly payments

pay for new flooring

pay for new A/C system

Even pay prior realtor for past efforts showing properties


Contact me and I’ll introduce you to realtors who offer this savings to my buyer referrals anywhere in FL.



Steve McRory

Pro Option Mortgage

http://www.pro-option.com

steve@pro-option.com

Ph: 888 662 4404

Prior Service U.S. Marine Corps

\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\
0 votes
Chris Godkin, Agent, Celebration, FL
Fri Jun 29, 2012
Gilberto
Are you buying cash or needing finance?
1st question that should be answered.
Cash, then contact me so we can get you set up to locate the right property for you.
Finance, contact me so I can refer you to a mortgage broker to get you pre-approved, then we can commence with the home search.
Simple, easy and straight forward!
Feel free to call or e-mail me at your convenience.
Thanks
Chris
0 votes
Annette Law…, Agent, Palm Harbor, FL
Fri Jun 29, 2012
Congrats on making the decisions to pursue becoming a homeowner.
At this time gather information is a great idea.
I completed my Florida Buyers Guide just this past weekend. Nearly 30 pages of information covering the home selection to financing, inspection and to the closing table. This will be a great resource to familiarize yourself with the process, terminology and your options.

Next you should contact a multi-dimensional real estate professional. Such an agent will be able to review your situation and develop a home search strategy most beneficial to you. Your agent willl also be able to refer to the lenders who have a PROVEN track record of granting mortgage loans, closing on time and under budget. This is important. As an individual consumer, you have little influence over a lender. Agents who help 10 to 30 people year find mortgages can compel a lender to do the right thing and respect the borrower.

Don't want to work via a referral...you can locate a local lender who has a tract record of granting mortgage's to area citizens and small business owneres. Select an "A" or "B" rated bank from those shown in your area at: http://www.BankingGrades.com

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, FL
727.420.4041
Questions? I've got answers!
Chat with me: http://www.FloridaRealEstateMadeEASY.com

If you are serious about a home purchase, pick up the phone and call an agent reponding to your question.
No, don't click the 'contact' button
No, don't use the email link.
Pick up the phone and call, if you are serious.
0 votes
, ,
Thu Jun 28, 2012
Hi Gilbert,

I am a local lender. I would be glad to help you determine how much house you can afford. In addition, I work with several First Time Homebuyer programs that may help you with your down payment and/closing costs.

I recommend that you contact a local lender to get preapproved before you start looking for your first home.

Unfortunately, some first time homebuyers get a prequalification over the phone and then start looking. The problem with that is, if there are any unforeseen issues with your credit, assets or calculating your income, you may not be able to complete the transaction.

I do not issue a preapproval before thoroughly analyzing your documentation. It doesn't cost you a thing.

Please feel free to contact me at 4075917693 at your earliest convenience.

Sincerely,
JACQUELINE L. CLARKE
Town & Country Mortgage Services, Inc.
Orlando, FL
Cell: 4075917693
Email: jacqueline@tcmflorida.com
0 votes
, ,
Thu Jun 28, 2012
Hello Gilberto,

Unless you are a cash buyer, the first thing you should do is to contact a lender in regards a mortgage loan pre-approval.
With a pre-approval letter in hand you can start your shopping for homes - real estate agents and sellers will take you much more seriously when they see you have your mortgage funding in place.

If there is anything I can do to pre-approve you for the house of your dreams in Orlando,
please feel free to contact me at your earliest convenience.

Best Regards,

Beate Rodriguez
Lic. Loan Originator
NMLS# 299244

Beate.Rodriguez@HGFLoans.com
Cell: 954.695.4849
0 votes
Antonio Vega…, Agent, Saint Cloud, FL
Thu Jun 28, 2012
Gilberto:

Lo primero es conseguir un agente con quien trabajar. Como eres comprador el servicio del agente es gratis para ti. (Hacegurate de trabajar con uno cuya oficina no imponga "fees"). Vas a trabajar con un solo agente (ser leal el uno al otro). Este debe escuchar sobre tu situacion y explicarte cual es tu mejor opcion de prestamo y ponerte en contacto con el prestamista mas indicado. Proximo, debe explicarte la diferencia entre los 3 tipos de compras que hay en el mercado actual. Una vez tengas los documentos basicos listos, entonces esgoen casas que quieran ver y visitan. Comprar una casa no es tan facil como algunos se imaginan. Y si te dicen que puedes conseguir una casa de 125mil por 100mil te estan mintiendo. Escoge un agente que sea honesto y con quien te sientas comodo hablando. Mas que nada alguien que te diga aun lo que no quieras escuchar, pero te lleva a donde quieres llegar.

No se que area de Orlando buscas. Yo me dedico a sur Orlando (sandlake hacia bajo) Kissimmee, Davenport, Clermont y St.Cloud. Si quieres hablar me puedes llamar al 407-791-9086 o AVegaPacheco@aol.com

Tony Vega
Charles Rutenberg Realty

http://www.SearchKissimmeeHomes.com
0 votes
Alan Martin, Agent, Orlando, FL
Thu Jun 28, 2012
selest an agent
select a loan officer
get a prequalification for a loan
Go Looking for homes.

I am available if yo uneed me :)

Alan 407 832 4888
0 votes
Carol Bauza, Agent, Orlando, FL
Thu Jun 28, 2012
Hi Gilberto!

First things first...find a realtor you feel comfortable with and can be there for you every step of the way! Once you've done that time to get you pre-approved for a mortgage and you're on your way!

But find your agent first!

Good luck! ;)

Carol Bauza
Charles Rutenberg Realty
carol@carolshome.com
0 votes
Javier Rodri…, , Orlando, FL
Thu Jun 28, 2012
Hello Gilberto!

Utmost importance step:

1. Select a Real Estate Professional to assist you from this forum.

There are many professionals that will be happy to help you with the process. Let me know if you have any questions and need any assistance as I am happy to assist.

Thanks in advance for your consideration.

Javier Rodríguez
HouseStar Realty
Real Estate Broker, REALTOR ®
Lic: BK703443
Short Sale Foreclosure Resource – SFR
Five Star Institute REO Certified

: 407.429.5243 | Cell: 407.301.3401 | eFax: 407.830.5633
: jrodriguez@housestarrealty.com
: Office: 1033 Semoran Blvd Suite 245 | Casselberry, FL | 32707 USA
"There are no perfect men, only perfect intentions"

Websites
http://www.facebook.com/bienesraicesenorlando
http://www.clasificadosenflorida.com
0 votes
Sylvia Paul, Agent, Apopka, FL
Thu Jun 28, 2012
Call me. I'm a first time homebuyer specialist and can talk you through the process and will guide you every step of the way, including helping you find a lender, downpayment assistance programs, inspectors, insurance, etc. I have helped many first time home buyers become home owners and I believe I can help you too. Feel comfortable to give me a call at (407) 864-3139, or send a private and confidential email to: sylvia@sylviapaulrocks.com I would love to talk with you. No cost! No obligation!

Sylvia Paul
Realty Center
Orlando, Florida
0 votes
Mike Sperling, Agent, Winter Park, FL
Thu Jun 28, 2012
Hi Gilberto,
Talk with a realtor to help you along with the process. It does not cost you any thing. And work on getting your approval letter from your bank or lender of your choice. I can go into detail if you would like. Feel free to call me anytime on mobile:407-463-5348.
Thank you,
Mike
0 votes
Carl Head, Agent, Orlando, FL
Thu Jun 28, 2012
Hello Gilberto,

The 1st step you need to take is to be "pre-approved" by a lender, to see if you will be approved for financing and if so, for how much.

Please contact me directly if you'd like carlrealtycenter@aol.com or give me a call 407-832-4650.
I work with First Time Home Buyers often, and enjoy it very much.

Regards,

Carl Head
Realty Center-Orlando
0 votes
Jennifer Bar…, Agent, Winter Park, FL
Thu Jun 28, 2012
Hi Gilberto,

There is a lot that goes into buying a home. I have an excellent home buyers package that I can email to you. This will break everything down in detail so that you have a better understanding of what happens from a-z.. It is important you have no suprises and that you receive the highest level of service and attention. I work for one of the top brokerages in Central Florida. Put the best to work for you. Call me or email me and I will have that package sent to you tonight. I look forward to helping you.

Sincerely
Jennifer Barker
Exit Realty Central
jenniferbarkerrealestate@gmail.com
561-506-5564
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more