Hi,I'm always asked by the buyer or seller; what are my closing costs and the closing process?Instead of giving you all the explanations, I'm attaching this link to a video that should help you
How Much Money Do I Need To Save For Down Payment
Dated: 08/25/2016
Views: 2298
REAL ESTATE QUESTION #3
Should I wait and Save More Money for Down Payment ?
A 3/2 Home In Port St Lucie Today is $180K= +/- $1300 Total Payment If Prices go up by MODEST 5% The SAME HOME next Year will be $189K Mortgage of $1350 If by Predicted 15% SAME HOME is 207K Payment of $1400 ASSUMING INTEREST RATES STAY THE SAME!! If Interest Rates rise from Average 4.0% to 4.5% Payment will go to $1463 FOR THE SAME HOME YOU COULD HAVE PAID $1300 a Month For This Year. YOU CAN'T AFFORD TO WAIT WE CAN HELP YOU GET DOWN PAYMENT $
Question I Get A Lot
"Shouldn't I just Save more Money for Down Payment??
THE ANSWER IS A RESOUNDING NO!!!!!
The Price of an Average 3/2 Home In Port St Lucie Today is $180,000
Which is +/- $1300 Total Payment including taxes and insurance.
If Prices go up by MODEST 5% (historic average)
The SAME HOME next Year will be $189K
Mortgage of +/- $1350
If by Predicted 15% (they've been going up 20% every year for past 3 years)
SAME HOME is 207K
Mortgage of +/- $1400
ASSUMING INTEREST
RATES STAY THE SAME!!
If Interest Rates rise from
Average 4.0% to 4.5%
Payment will go to $1463
For the SAME HOME
YOU COULD HAVE PAID
$1300 a Month For THIS Year.
Forget about better or more home will you even be able to afford the same as you could have in 2016!!
Can you save $20,000 in a year???
YOU CAN'T AFFORD TO WAIT!!
WE CAN HELP YOU GET DOWN PAYMENT if you don't have it saved for a minimum down payment there are ways with grants, lender credits, seller credits, & bond programs. Usually if you have $2000 saved you can get into a home.
We are experienced in helping people get into homes.
I know buying a home is scary and hard work but this should be your top priority!!!
Dawn Burlace, Realtor®
Atlantic Shores Realty Expertise
772-444-6696
dawnburlace@gmail.com
www.MoveToStLucie.com
Dawn Burlace
FULL TIME AGENTS- Winner of Top Producing Duo Team 2017 Dawn Is a Member of the Institute for Luxury Home Marketing and has over 12 Years of Real Estate Marketing experience. With a Background in sale....
Latest Blog Posts
A rare gem for the price! Updated 3bd, 2ba, 1.5 car garage. Oversized bedrooms with walk-in closets, tile and wood flooring throughout, open kitchen with ss appliances, large island, Complete NEW A,
This home features an open floor plan with over 3,000 livable sqft and beautifully updated throughout. Spacious open kitchen with bar seating all the way around, granite countertops,
Why do Property Taxes Vary on the same priced Homes?Ok so I have to answer this question multiple times a week so I think there is a need for more public information on this highly confusing topic
These listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than Atlantic Shores Realty Expertise are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
The IDX data relating to real estate for sale on this web site comes in part from the Martin County Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Beaches MLS® - Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2018 All rights reserved. Last Update: October 14, 2019 11:23 PM
