Free Youth Football Camp in Daytona Beach (2015)
A message from Thrive Community Church in Port Orange

Q&A: Buying a Home in the Greater Daytona Beach Area - Real Estate Corner

Brenda-benz

“Greater Daytona Beach Area” Real Estate Corner

Q & A, Answers by Brenda Benz

 

-         I am not familiar with the Daytona Beach and Volusia County area.  How can I find the right neighborhood for my family?

Your Lifestyle and Family Needs will set the path toward your new home - Specific Areas and Neighborhoods may suit your needs perfectly.  Research school zones if needed and that will help your Realtor know the best neighborhoods within your school zone of choice | Once you decide on the Mainland or on the Beachside, your Realtor can select properties that suit your Florida lifestyle and your family’s needs | Price Ranges and your Desire or Willingness to live in a Homeowners Association Community will guide your Realtor toward available choices | Work with a Realtor who offers AREA KNOWLEDGE AND EXPERTISE, to guide you every step of the way in finding the “Right” Florida home for you.

 

-         Are there any Lender Bond programs for First Time Homebuyers? 

Yes, there is a Bond Program currently available to Buyers who qualify, offering $7,500 toward down payment or closing cost assistance.  Call or email Brenda today for details on this program.

 

-         Are there any special Heroes discounts or programs available for those in the Military, Teachers, Firefighters, Medical Workers and Safety Patrol Officers?

There are a number of programs offering discounts. However, locally in the Volusia County area, Brenda Benz offers a Heroes Program, giving 25% of her sales commission to Buyers who qualify.  This to be applied toward Buyers Closing Costs and pre paids.  For Sellers, a discounted commission will apply.  Contact Brenda Benz today! (No other discounts are applicable)

 

-         Is there any time of the year that is better to buy a home? 

No....Your right time is according to your own timeline based on YOUR financial and personal needs.

 

-         What are Home BUYER costs/expenses?  

Lender Costs (Your Loan officer can give you a breakdown of your costs/expenses with a Good Faith Estimate) | Escrow Deposit – Amount to be collected and within the timelines shown on your contract, normally within 3 days and will be placed into an escrow account | Home Inspections can be paid prior to, or at the time of service  | Appraisal – A lender cost normally paid directly to the lender | Survey – If the Seller does not have a current survey on file, a survey will be ordered; payable prior to survey being performed or shown as an expense to you on the HUD at closing | Wind Mitigation Inspection can be performed prior to closing to help you in reducing your insurance premium.  It can save you hundreds of dollars yearly. 

 

-         What are Home SELLER costs/expenses? 

Real Estate Commission as shown on your Listing Agreement | Prorated Taxes for the days/months you have lived in the house for the current year | Mortgage Pay-off, if applicable  | Title Insurance  | Documentary Stamps  | Title Company Fees | Recording Fees  | Outstanding Liens/Judgments/Utility Bills, etc.  if applicable.  I will personally create a Seller’s Net Sheet which

Will show you an approximate $$ that you will net.  |

  

-         If I am getting financing, should I talk to a lender before I start to look for my Florida home? 

YES! Getting preapproved is very important for the following reasons:  A Pre-approval letter shows that you can buy a house and gives you peace of mind in doing so | A Pre-approval letter helps define your search on the price range you should look within | You’ll have more leverage in negotiations, as Sellers are more likely to negotiate with a Pre-approved buyer than one that is not.  It will also help you in a multiple offer situation | A Pre-approval letter is better than getting prequalified.   Please contact me for preferred lenders of choice.

   

-         Who pays the Realtor fees when buying a home? 

The Seller pays the Real Estate commission.  Therefore, it costs you NOTHING to work with a licensed Realtor.

 

-         What is a Short Sale?

A short sale occurs when a property is sold at a price lower than the amount that the homeowner owes on their mortgage, and the homeowner's mortgage lender(s) agrees to the "short" payoff.  A short sale contract is contingent upon 3rd party/Lender approval.

 

-         How can I find out what area schools have the best school rating and how can I search for a home in our school zone of choice?

Click HERE to view the 2014 Volusia County School Ratings.  Click HERE to Search a specific address for the assigned school zones.  Select the City and then type in the address. 

I welcome your emails with additional questions to be sent to: [email protected] or please don’t hesitate to communicate with me 7 days a week.  Tell Me:  Volusia County Moms sent you!

Need a short term loan? To get more information about short term loans, click here.

 

 

Read site compensation and affiliate link disclosure.


Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.