Home Buyer Resources

First-time Home Buyer Program

Buying your very first home? Congratulations on taking the step to home ownership!

While searching for a home is exciting, the home buying process can also be challenging. At times, it can seem overwhelming. But we have the resources you need to make the best decision.

Smart Home Buyers Stay Informed

Knowing exactly what buying a home entails is your greatest advantage to effectively manage all the responsibilities that come with owning a home. Our first-time home buyer program can give you the information you need to become a well-educated buyer.

Save 3% on Closing Costs!

By completing the first-time home buyer program, you will be eligible to receive up to 3% assistance on closing costs for your new home. Contact us for details about enrolling in the program!

Essential Tips for First-Time Home Buyers

A home is a major financial investment, possibly the biggest financial investment you will ever make. Follow these essential first-time home buying tips to keep from making costly mistakes.

Make a Wants vs. Needs List

What you want in a home and what you need in a home are two drastically different things. Before you start searching for homes in the Miami, Broward or Palm Beach area, make a list of "must-haves" so you can find your ideal home faster. For instance, if you're buying a home for a growing family, you may need more than 2 bedrooms or a location near good schools. If you would like to have space for crafts or a gym, but could live without it, you may want a home office or lower level.

Figure Out What You Can Afford

Don't make the mistake of paying too much for your home and leaving little money left for your utilities, groceries, or fun things to do. Carefully consider your savings, monthly income, and any debts you may have (such as student loans). Budget your essentials first — food, clothes, savings, recurring payments. Then consider the total costs of owning a home — monthly mortgage payments, a down payment, property taxes, closing costs, maintenance, and any association fees.

Get Pre-Approved for a Mortgage

Once you have figured out how much you can afford, it's time to start the mortgage application process. It's better to get pre-approved than pre-qualified. With pre-approval, your lender closely examines your financial and credit history, then gives you the exact amount the bank is willing to loan you for your mortgage. Pre-approval also shows a home seller that you're serious about buying their home, and could give you the competitive edge over other home buyers.

Consider Affordable Homes & Financing

In Florida, there are special offers and financing available that allow first-time home buyers to save money on a home purchase. In addition, affordable homes, such as HUD homes, can offer home buyers a better deal than non-foreclosed properties. Talk with a HUD-approved real estate broker to discuss whether a HUD home is the best option for you.

Pick the Right Real Estate Agent

Ultimately, a smooth first home buying experience depends on which real estate agent you choose. When researching real estate agents in Miami Dade, Broward or Palm Beach, pay attention to what past clients have said, what each agent specializes in, and what types of home buying resources they make available. The best real estate agent listens to your needs and does everything they can to help you make the right decision.