“Hey Kelly Ive got an interesting quetion?”
Whether you’re a first-time homebuyer or a seasoned real estate investor, buying a home is an exciting process. However, there’s also a lot to consider when you decide to buy. So before you begin your search for the perfect property, here are four questions you should ask yourself.
What and where do I want to be on Marco?
Buying on Marco Island will be the best homebuying decision that you’ll ever make BUT buying the right property for you can be tricky.
Many factors come into play when pricing properties on Marco.
Proximity to the beach, water direct water indirect homes, inland lots, HOA fees on condos ne…etc
We’ll help you navigate you to find the property thats right for you
What can I afford?
The rule of thumb is that you should never spend more than 30% of your monthly income on a mortgage payment. An alternate rule states that you can afford to buy a property that runs about two-and-a-half times your annual salary. For a more tailored look at what you can afford, use an online mortgage calculator to see what your monthly mortgage payments would be if you bought a home today.
Am I financially prepared?
A few months before you start searching for a home, review your credit history and make sure it is in good standing. Get copies of your credit report, ensure that it’s accurate, and fix any issues you discover. It’s likely that you’ll also want to get pre-approved for a home loan, which will put you in a better position to make a serious offer once you find the right property. Pre-approval from a lender is based on your credit history, debt, and income.
How do I make the best bid possible?
The Maguire Team has intimate knowledge of the market in Marco & Naples.We know what has sold and what it should have sold for. We know what properties are worth and how to negotiate our buyers the best property at the best price.
Let us guide you through the most important phase of the purchase:
Bid – Counter/Re-counter – Agreed price.