Step By Step: How To Buy A Condo In Miami, Florida Read Count : 156

Category : Blogs

Sub Category : Miscellaneous
Buying a new condo is an exciting opportunity to start a new chapter in your life. At Eighty Seven Park in Miami you can begin building your new life at one of their amazing new condos. This is a wonderful community for first-time home buyers and first-time condo buyers as well. Whether you already own a home or are looking for a sweet escape, Eighty Seven Park is your place for luxury living. Buying a condo doesn’t have to be hard with these 6 simple steps. 

1.	Decide to Buy 
Home ownership is the best investment you can ever make. Often times what you spend on rent is far greater than what you would be spending on a mortgage for a new condo. A condo is an intentional investment that will lay the foundation for a lifetime of financial security. You should be basing your buying decision on facts and not fears, as plenty of people will likely try to talk you out of buying. There’s never a right or wrong time to buy and if you are able to afford rent somewhere then you are able to afford a mortgage on a condo. 

2.	Hire the Right Agent 
Buying isn’t necessarily difficult as it is complicated. Between hunting for the right place, negotiating the right price, and filing all the paper work it’s a lot for one person to do. That’s why it’s important to hire the right agent. An agent will help educate you on the market, analyze your needs and wants, and coordinate the work of other professionals necessary for your major purchase. Eight Seven Park condos for sale are buyer and agent friendly. This means that everyone is going to leave happy.

3.	Secure Financing 
Most first-time buyers, and even second or third time buyers, are always weary of making a major financial commitment. That’s why it’s so important to secure financing early on so you can know exactly how much money you can spend. Choose a loan officer and file you loan applications to get prepared. From there you can submit that to the lender and obtain your funds at closing. You will be happy you were prepared rather than scrambling towards closing to get funding. 

4.	Find your Condo
Living at Eighty Seven Park in Miami is a no brainer. Luxury living combined with the beauty of the natural surroundings, who wouldn’t want to live there? But of course, doing your due diligence before buying is always a wise decision. Asking yourself a few questions prior to buying is always a great idea. A few starter questions like How important is location, size, space, and neighborhood stability are great. You’ll be glad you took the time to analyze your buying decision from every angle. 


5.	Make an Offer 
Because Eighty Seven Park is so popular to live at, you probably aren’t surprised that there are tons of other people all hoping to get the same spot as you. That’s why putting an offer down as soon as you’re ready is crucial to getting the condo that you want. Your agent will help you navigate the offer process and your lender will let you know how much money you can offer. With so many people on your team you’re guaranteed to find the place that you want and love. 


6.	Close 
The final and most exciting step of the condo buying process is closing. Your agent will handle most of the closing process but you will have a few responsibilities. You’ll need to stay in control of your finances—you don’t want to celebrate too early. You’ll also want to stay on top of phone calls and paperwork while this process is happening. Finally, you’ll need to obtain certain funds and conduct a final walk through prior to officially closing. Again, your agent will help walk you through every step of this process but communication with your agent, lenders, and new community is so important. 


Come see it for yourself. Eighty Seven Park pre-construction condos for sale now. You should love where you live and when you live at Eighty Seven Park you’ll fall in love with your new condo every day.

Comments

  • No Comments
Log Out?

Are you sure you want to log out?