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Brevard Real Estate, Cape Canaveral, Cocoa Beach Buyer's Real Estate Agent

I would like the opportunity to SELL YOUR HOME!

I offer fearless representation during the purchase of a home. Please call directly today! (321) 403-7155

Even if you are not quite ready to invest in your own home, I would like to hear your goals, or answer any questions you may have. If becoming a home owner is a plan in your future, you need partner to make it happen. Remember, a listing agent does not represent your best interest, they negotiate on the behalf of the homeowner. 

Put myself on your side. A buyers agent comes with no cost to buyer and protects your best interest in any Real Estate transaction.

Meet Rachel DeCamp

Here are my top 10 important aspects of the buying process: 

1. Unless if you are an Investor, Don't buy if you can't stay put. If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner - even in a rising market. When prices are falling, it's an even worse proposition. Most buyers think they can get a steal with the current market. Even though 80% of the market is still bank owned or distressed sales, banks have done their homework, and most of the homes are priced well and comparable to recent homes sales. A good deal can be to good to be true. You must get a home inspection to make sure the home is lendable, and in fair condition comparing to the current sales price. 

2. Start by being familiar with your credit file. Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start house hunting, get copies of your credit report. Make sure the facts are correct, and fix any problems you discover. I have experience in credit repair. Lets review your credit with a successful Mortgage Broker. Every bank is different and has different programs and qualifications. 

3. Aim for a home you can really afford. The rule of thumb is that you can buy housing that runs about two-and-one-half times your annual salary. But you'll do better to use one of many calculators available online to get a better handle on how your income, debts, and expenses affect what you can afford. A good lender can qualify you first by what payment you are comfortable with. Lets make this plan by knowing your price range first. 

4. If you can't put down the usual 20 percent, you may still qualify for a loan.There are a variety of public and private lenders who, if you qualify, offer low-interest mortgages that require a small down payment. There are also options to negotiate your closing costs into your mortgage or having the seller contribute. I will negotiate on your behalf and get you the very best deal. 

5. Buy in a district with good schools. In most areas, this advice applies even if you don't have school-age children. Reason: When it comes time to sell, you'll learn that strong school districts are a top priority for many home buyers, thus helping to boost property values. Areas that still have room for growth are also great areas to invest. I know those areas, just ask!

6. Get professional help. Even though the Internet gives buyers unprecedented access to home listings, most new buyers (and many more experienced ones) are better off using a professional agent. Look for an exclusive buyer agent, if possible, who will have your interests at heart and can help you with strategies during the bidding process. Work with one Realtor, they all have the same inventory of homes. 

7. Choose carefully between points and rate. When picking a mortgage, you usually have the option of paying additional points -- a portion of the interest that you pay at closing -- in exchange for a lower interest rate. If you stay in the house for a long time -- say three to five years or more -- it's usually a better deal to take the points. The lower interest rate will save you more in the long run.

8. Before house hunting, get pre-approved. Getting pre-approved will you save yourself the grief of looking at houses you can't afford and put you in a better position to make a serious offer when you do find the right house. Not to be confused with pre-qualification, which is based on a cursory review of your finances, pre-approval from a lender is based on your actual income, debt and by credit history.

9. Have your agent do homework before submitting an offer.Your opening offer should be based on the sales trend of similar homes in the neighborhood. So before making it, consider sales of similar homes in the last three months. If homes have recently sold at 5 percent less than the asking price, you should make a bid that's about eight to 10 percent lower than what the seller is asking.

10. Hire a home inspector. Sure, your lender will require a home appraisal anyway. But that's just the bank's way of determining whether the house is worth the price you've agreed to pay. Separately, you should hire your own home inspector, preferably an engineer with experience in doing home surveys in the area where you are buying. His or her job will be to point out potential problems that could require costly repairs down the road.

Any questions about buying or investing in Brevard County real estate please allow me to assist you.

Rachel DeCamp

Director of Property Management, RealtorĀ®, LCAM Property Manager

CEU Rental Core Law

Member in Good Standing - Space Coast Realtors Assn.

Notary Public

Solutions Property Management Corp.

375 South Courtenay Parkway
Merritt Island, FL 32952

DIRECT: (321) 403-7155