First-Time Buyers | | Davenport FL Mortgages

Don’t Miss This Prime Spring Window To Sell Your House

Written by Davenport FL Mortgage Syndicated User on April 22, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

According to Realtor.com, the best week to list your house this year was April 13–19. And since that week has come and gone, you might be wondering: did I miss my chance? Not at all – and here’s why.That’s just one source’s take, based on their own research. Other organizations run similar studies. And since different places use different methodologies for their research, sometimes the results vary too – and that’s actually good news for you. According to Zillow, the best time to list your house is still ahead.The latest research from Zillow says sellers who list their homes in late May...

Pre-Approval Isn’t Commitment – It’s Clarity

Written by Davenport FL Mortgage Syndicated User on April 18, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

If buying a home is on your radar – even if it’s more of a someday plan than a right now plan – getting pre-approved early is still one of the smartest moves you can make. Why? Because, like anything in life, the right prep work makes things clearer.The best time to get serious about buying is before you’re ready to buy. Here’s why.Pre-Approval Helps You Understand Your NumbersOne of the biggest benefits of pre-approval is how it helps you understand your buying power. As part of the pre-approval process, a lender will walk through your finances and tell you what you can borrow based on...

Are You Saving Up To Buy a Home? Your Tax Refund Can Help

Written by Davenport FL Mortgage Syndicated User on April 16, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

You’ve been working on your savings and dreaming of that moment when you finally have keys to a place that’s truly yours. What you might not realize is that your tax return could give you a little extra cash to help you get there sooner. As Freddie Mac notes:“ . . . your tax refund from the IRS can be a useful supplement to your homebuying budget.” So, if you’re getting a tax refund this year, you can use it to help you pay for some of the upfront costs that come with buying a home, like the down payment and closing costs. And here’s the best part.On average, people are getting even more...

Townhomes: A Smart Solution for Today’s First-Time Buyers

Written by Davenport FL Mortgage Syndicated User on April 3, 2025. Posted in Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Inventory.

Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. And some buyers are making one simple trade-off that’s getting them in the door faster: square footage.According to the National Association of Home Builders (NAHB), 35% of buyers are willing to purchase something smaller to make homeownership happen. And one place you can usually find a smaller footprint (and sometimes better affordability) is in townhomes.Why Townhomes Are Gaining PopularityTownhomes typically cost less than single-family homes due...

Your Roadmap to Homeownership

Written by Davenport FL Mortgage Syndicated User on March 22, 2025. Posted in Agent Value, Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Infographics.

Some HighlightsBuying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference. ?From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement. Your journey starts here. Connect with an agent so you have help every step along the way.?

Buying Your First Home? It’s Okay To Feel Nervous

Written by Davenport FL Mortgage Syndicated User on March 13, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if I lose my job?Here’s the thing: every first-time homebuyer has these thoughts. The homebuying process has always been a mix of excitement and nerves, and that’s completely normal. Here’s some information that can give you a bit of perspective, so you don’t have these concerns.Focus on What You Can...

Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up

Written by Davenport FL Mortgage Syndicated User on March 11, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Home Prices.

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run.Home Prices Are Still Rising – Just at a More Normal PaceThe idea that prices will drop dramatically is wishful thinking in most markets. According to the...

Why You’ll Love Owning a Home

Written by Davenport FL Mortgage Syndicated User on February 15, 2025. Posted in Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Infographics.

Some HighlightsOwning a home comes with many benefits, both non-financial and financial.From the sense of accomplishment and freedom of expression, to growing your net worth, it’s easy to fall in love with homeownership.What’s the top reason you’d love to own a home? Connect with an agent to come up with a plan that makes it possible.

Breaking Into the Market: Smart Moves for First-Time Buyers

Written by Davenport FL Mortgage Syndicated User on February 13, 2025. Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

If you’re like a lot of aspiring homebuyers, there’s a major hurdle standing in your way — the cost of living. From groceries to gas, eggs, and just about everything else, prices have gone up. And that rings true for home prices, too.But even when everything feels expensive, there are still ways to make homeownership more than an item on your wish list. You may just need to think about where you plan to buy a bit differently.Think of Your First Home as a Stepping Stone One of the biggest misconceptions among buyers is that their first home has to be their forever home – or that it has to...

Two Resources That Can Help You Buy a Home Right Now

Written by Davenport FL Mortgage Syndicated User on January 30, 2025. Posted in Affordability, Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers.

A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Maybe you feel the same way. With inflation driving up day-to-day expenses, saving enough to buy your first home is more of a challenge. But here’s the thing. With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect. Let’s explore just two of the solutions that could help get you into your first home no matter the market.1. FHA LoansIf your down payment savings...

Category: First-Time Buyers