First Time Homebuyer’s Guide

VUP Media

Buying your first home is an important moment in your life. Whether you’ve been renting and want to set down some roots in your own house, or want to relocate to South Florida, there’s a lot to consider when purchasing your first home.

Hire the Best Real Estate Agent

A real estate agent can make or break your homebuying experience. It’s so important to hire the right real estate agent – one who understands the real estate market and can communicate well with you. No two real estate transactions are the same, so finding a real estate agent that is the best fit for your search will avoid problems along the way. At Posh Properties, we have agents to fit every personality type, including the Dream Team. With millennials expected to purchase the majority of real estate in 2020, hiring a Dream Team agent will be especially helpful for these first time homebuyers. Between their entrepreneurial spirit and their resourcefulness, the buying process will be much smoother.

Choose What Matters to You

Purchasing your first home is one of life’s biggest financial decisions. To ensure that you will be happy with this decision, think about what is important to you and what you don’t want in a new house. If you don’t own a car, you’ll want to consider living in a Pedestrian Village, where the downtown is walkable and there is reliable public transportation. Write down a list of items that are non-negotiable and ones that are neutral, as this will help you explain your needs to your real estate agent. Opening communication with your real estate agent will help expedite the process by only showing you properties that match your lifestyle and needs. Your real estate agent will also let you know if you are being realistic within your budget.

Know the Market

Living in Florida has more to offer than just year-round sunny weather. There are tax breaks that make Florida the best place to relocate to! Due to Florida’s Homestead Act, there are lower property taxes, which include housing and vehicles. There is also no state income tax, which allows you to keep more money that you’re earning and put it towards your mortgage!
Posh Properties is your Delray Beach real estate company with more offices in Ocean Ridge and Boynton Beach. We know that out of all the houses for sale in South Florida, your dream home is one of them. Visit our listings to find the best South Florida real estate for sale. If you’re looking for a more personalized approach to buying a home, Contact us for more information.

Work With Us

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today to find out how we can be of assistance to you!