Choose a Home

There's no doubt that choosing a home is a big decision and you want to do it right.

As a buyer, here's what actually happens. A home has been placed on the market for which the seller has established an asking price as well as other terms. In effect, this is an offer. At this point, you have three choices: accept the seller's offer and create a contract; reject it and not make an offer; or suggest different terms and make a counter-offer. If you choose this last option, the Clearwater Florida seller may accept, reject or make a counter-offer.

No aspect of the Clearwater Florida homebuying process is more complex, personal or variable than bargaining between Clearwater Florida buyers and Clearwater Florida sellers. This is the point where the value of an experienced Clearwater Florida REALTOR® is clearly evident because he or she knows the community, has seen numerous Clearwater Florida homes for sale, knows local values and has spent years negotiating realty transactions.

Is it THE house?
A Clearwater Florida house is shelter, but a Clearwater Florida home is far more. It's where you live, relax, entertain friends, raise families, and work. A Clearwater Florida home is where you spend much of your life, and so choosing a house is an enormous decision.

How do you know if a house is THE one? Probably the best approach is to look at as many Clearwater Florida homes as possible, something made easy by RI Living.com, where you can quickly and easily view huge numbers of Clearwater Florida homes, check prices, take video tours and view extensive Clearwater Florida neighborhood information. Once your choices have been narrowed, you can then contact a local Clearwater Florida REALTOR® to find specific information and options.

Can you really afford it?
Remember Step 2 - the preapproval process? Getting preapproved means you have a very good idea of how much you can borrow, what loan programs will most likely work best in your situation and how much home you can afford.

How reliable is a preapproval? While preapproval is not a loan commitment, it's still necessary for lenders to check such items as appraisals and the latest credit reports. Despite fluctuating interest rates, preapproval nonetheless provides a reasoned, careful analysis of what you can afford. After all, loan officers are routinely paid only when loans are originated. It doesn't make much sense for loan officers to suggest high loan limits that later can't be delivered.

Provided by the National Association of REALTORS® and Realtor.com