Five Signs You Are Ready To Purchase Your Dream Home In Admirals Cove!

Posted by Admirals Cove Homes on Dec 15, 2013 in Home, Real Estate | 0 comments

For many potential buyers preparing themselves for purchasing a home can be a lengthy and stressful experience. However, there are a few key signs that indicate you might be ready to purchase a home.

1.)   Your Job Is Secure: Unless you can purchase your potential home straight up with cash you will need to pay monthly mortgage payments and so you need to be sure that you have a steady source of income. If you have a secure job and a steady source of income and are sure that you can afford your mortgage you might be ready to purchase a home.

2.)   Your Credit Is Good: It is imperative that you have good credit before you even think about purchasing a home. This means paying off any and all outstanding debt. This is important so you look good to your potential mortgage lenders. So if you have been paying off your debt and have your credit in good standing you might be ready to purchase a home.

3.)   You Can Afford A Down Payment: When making an offer on your potential home you will want to put as much money down as you possibly can. Typically this should be around 20 percent of your potential property’s asking price. So if you can afford to put a down payment on your potential home you may be ready to purchase a home.

4.)   You Have Back Up Funds: It is very import that you have an emergency fund set aside to help you out incase something unexpected pops up. After you purchase your home you may run into repairs that you didn’t expect but need to be taken care of. If you have an emergency account with back up funds in it you may be ready to purchase a home.

5.)   You Can Commit:  Purchasing a home is one of the biggest and most important transaction that you will make in your lifetime. So it is imperative that you have taken an in-depth look at your financial situation and your needs verses wants so that you will be able to commit to a home and be happy. If you have taken a realistic and sensible look at your situation you may be ready to purchase a home.

If you are ready to purchase a home in Admirals Cove the team of Admirals Cove specialists at Waterfront Properties and Club Communities is sure to exceed any and all of your expectations. Contact them at (561) 746-7272 or check out the very desirable Admirals Cove real estate for sale here…

http://www.waterfront-properties.com/jupiteradmiralscove.php