Elite Sales Group Miami Real Estate Blog
Although we are in the midst of a pandemic, it does not stop the real estate industry. With low inventory in the market, sellers are in a great position to sell their home. There are, however, certain things to consider in preparing your home to ensure the safety and health of......read more
Buying A Home Long Distance
The process of purchasing a home can be a complicated and stressful experience, but if you have to purchase a new home in another city the experience can become even more complicated. Whether you are relocating for a job, retiring to a dream location, or are just looking for a change, purchasing a home long distance has a whole separate to-do list on top of the already long list of things that need to be done to purchase a new home. Here are some tips to make purchasing a home long distance a little easier, and still get the home of your dreams! We specialize in South Florida Relocation.
The Internet Is A Powerful Tool!
The internet is a powerful research tool for learning more about virtually any topic, and purchasing a home is no exception. From finding a REALTOR® to searching properties, the internet is a great aid in finding a home. It is also a great resource for finding information about potential lenders, home inspectors, and all the other extras involved in buying a home. Though the internet is a great resource in the real estate market, like any information you find online, it is always important to be sure it is coming from a reputable source. Finding Web sites that are run by professional REALTORS® or real estate organizations is your best bet for reliable information.
Your best approach is to be sure you have an agent in your prospective area on your team early on. They can certainly direct you to some great online resources and help you determine which are accurate and up-to-date. They are also a great resource for finding out which neighborhoods would be a good fit for you and your family, and the local amenities that are available to you.
In general, buying a home long distance can have its obstacles, but with a little research on your part and the help of a professional REALTOR®, you can make the transition to both a new home and a new city easier and stress free.
The decision to purchase a home is exciting and a major investment for your future. Elite Sales Group is here to help you in this decision. Because there is only so much of it to go around, real estate is the top choice for many investors and the desire for most families. This article is designed to highlight some of the many benefits of home ownership and how buying a home can often turn the American Dream into a reality.
One of the most profitable markets in real estate is rentals, which means that many families are paying to live in a home that isn't their own. In some cases, renting a home is necessary. For all others, the money that would be spent on rent could instead be used to pay a mortgage. In fact, monthly rent payments often exceed that of a typical mortgage payment. One of the greatest benefits of home ownership is putting money into something that you can call your own and knowing that the monthly payments are going toward your home's equity.
Speaking of equity, many properties experience a growth in value as more development moves into the area or the economy strengthens through an increase in job opportunities. If this happens, home values soar and owners can bask in the glory of their newfound profit. When you purchase a new car, it depreciates the moment that you drive off of the lot. When you buy a home, however, it has the potential to appreciate year after year. There are few things in life that can offer you a return above and beyond your original purchase price, but a home can.
When you own a home, you will enjoy the freedom of decorating and making any changes that you choose without needing the permission of a landlord or property owner. In addition, you may even be able to use your home's equity to finance some needed improvements and/or repairs. In some cases, these changes may even increase the value of your home. An upgraded kitchen or bathroom, hardwood flooring or an additional room are examples of changes that could result in added value.
Another advantage of home ownership is the tax benefits that are available ask Jorge Luis Guian PA of Cococnut Grove FL . The interest paid on a home mortgage as well as most property taxes paid are tax deductible. For additional information on deducting mortgage interest and property tax, consult the IRS or a tax professional.
In addition to providing yourself and your family with a feeling of stability and permanence, home ownership can also help strengthen your credit profile through timely mortgage payments and a steady financial history at Elite Sales Group of Coconut Grove FL we are her to assist you 100% of the way....read more
One of the most important factors to consider when buying a new home is affordability. As a general rule, mortgage payments should not exceed 25-30 percent of your monthly take-home pay. The best way to know what you can afford is to determine the possible payment range by comparing the......read more
When you start shopping for a home, you probably have a very specific image of what you would like that home to look like. You probably also see the perfect neighborhood surrounding that perfect home. Every buyer sets out with an image of the house they want to own, but......read more
Things Needed After Purchasing A Home Now that you and your Elite Sales Group Real Estate Agent have found your property and you've signed all the paperwork and your loan is approved, it's time to move in. But wait! Before you put your feet up, there are a few things that......read more
Choosing The Right Listing Agreement
When listing your home with a REALTOR®, you will be required to sign an agreement. This document will outline all of the agreed upon terms, including the asking price of the property, the Elite Sales Group Real Estate Agent commission, length of the agreement, cancellation policy (if any) and other details that will govern how the listing is handled. As a homeowner, it's important to choose the right listing agreement to fit your needs....read more
How To Survive A Bidding War So you have found the home of your dreams, it has all the features you want, and it is in the right neighborhood. Even the price is right, but suddenly you find yourself in a bidding war with one or more people who also think......read more
ONE As a first-time homebuyer, you’re facing many questions about homeownership. Can I afford it? Will I qualify for financing? Where should I live? I wanted to take a minute and outline FIVE distinct benefits of owning a home, for your consideration: 1. Pride of Ownership. Owning your own home gives you a......read more
HOW DO I RENT A HOME OR CONDO'S IN SOUTH FLORIDA INFORMATION Q & A - by Elite Sales Group Q: "What type of deposit is required to move into a rental property?"A:Typically required a deposit equal to one month’s rent, but it depends on the owner of the property. In......read more