Heather the Realtor - Orlando Area's Top Real Estate News

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Orlando First Time Home Buyer Guide

Lake Mary First Time Home BuyerThinking about purchasing your first home in Orlando? Then read this First Time Home Buyer Guide to find out if you are ready to purchase your first house.

 

How do I know if I am ready to buy a home?

If you answer yes to all these questions then you maybe ready to purchase your first home.

  • Do I have a steady source of income and is it reliable?
  • Do I have a good standing record of paying my bills?
  • Do I have established credit?
  • Do I have the money saved for a down payment or qualify for down payment assistance?

How does purchasing a home compare with renting?

The most significant advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity, take advantage of tax benefits and protect yourself against rent increases. 

Owning a home has many benefits. When you make a mortgage payment, you are building equity, which is an investment. Owning a home can also qualify you for tax breaks that actually lower your monthly out-of-pocket costs. Given the freedom, stability and security of owning your own home, it is worth it.


Want to find out more about purchasing your first home in the Orlando area or want to find out how much home you can afford, then contact me today.

 

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Heather Joubran, GRI, NRBA, CLHMS, CDPE

RE/MAX Central Realty

www.HeatherTheRealtor.com     (407) 810-6304

Specializing in First Time Home Buyers, Short Sales, Bank Owned Real Estate, REO & Foreclosure Properties

Servicing Real Estate Needs in: Lake Mary, Longwood, Winter Springs, Sanford, Altamonte Springs, Oviedo, Orlando, Downtown Orlando, Thornton Park, College Park, Winter Park, Maitland, Windermere, UCF, Lake Nona, Baldwin Park, Apopka, Ocoee & Winter Garden

 

1 comment • Heather the Realtor - Orlando, Lake Mary First Time Home Buyers, Bank Owned Homes • February 07 2010 07:13PM

Comments

Good post today. Thanks for getting it out to us today Heather.

Patricia/Seacoast NH

Posted by Patricia Aulson, REALTOR Portsmouth NH Homes-Hampton NH Homes (PRUDENTIAL VERANI REALTY - Portsmouth NH Real Estate ) about 1 month ago

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