REAL ESTATE BLOG

7/18/18

So, you want to buy a house. Congratulations on making that decision! Now that you have decided that you want to purchase a home, do you know some of the factors to consider when preparing for that purchase? If not, I have put together some common factors to consider when purchasing a home.

Factors to Consider when Purchasing Residential Real Estate Property

  • Time Constraints
  • Using Realtors
  • Mortgage, Cash, or Both
  • Type of Real Estate Property (Condo or Single Family Home)
  • Primary, Secondary, or Investment Property
  • Credit Score
  • Title to Property for Sale
  • Purchase Price
  • Earnest Money Deposit
  • Location of Property
  • Easements
  • Homeowner and Flood Insurance
  • Taxes
  • HOA Fees

Remember that buying a house is a big decision that involves large amounts of money. This type of transaction is not an overnight purchase. On average, a purchase can take up to 45 days. Some transactions move quicker; some move slower. To better inform yourself for purchasing a home, do some research, consult with your bank, realtor, or attorney to help you prepare to buy a home.

As always, please feel free to reach out to Pinson Law, P.A. for any assistance or guidance in the purchase of real estate. We hope that you keep us in mind and thank you for your time! (813) 812-3311.

Disclaimer: The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, please contact us for additional information about our qualifications and experience. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship, and should not be construed as such. Due to the changing nature of the law and our reliance on outside information, we do not warranty or guarantee the accuracy or availability of the content on this site or on other sites to which we link. You must not rely on information on this website as an alternative to legal advice from your attorney or other professional legal service provider. If you have any specific questions about any legal matter, you should consult your attorney. You should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal actions because of information on this website.