Kwee Huset | Venice Real Estate, North Port Real Estate, Englewood Real Estate, Ospry Real Estate

Obtaining a mortgage can be overwhelming, particularly for a first-time homebuyer. Lucky for you, we're here to help you streamline the process of analyzing various mortgage options and choosing one that matches or exceeds your expectations.

Now, let's take a look at three tips to help first-time homebuyers secure the ideal mortgage.

1. Assess All of the Mortgage Options at Your Disposal

Both fixed- and adjustable-rate mortgages are available, and homebuyers who understand the pros and cons of these mortgage options may be better equipped than others to make the right mortgage decision.

A fixed-rate mortgage ensures a homebuyer will pay the same amount each month. For example, a 30-year fixed-rate mortgage enables a homebuyer to budget for monthly home payments over the course of three decades. And in many instances, a homebuyer may be able to pay off a fixed-rate mortgage early without penalty.

On the other hand, an adjustable-rate mortgage may start out with a lower monthly payment that escalates over the course of a few years. An adjustable-rate mortgage, for instance, may allow a homebuyer to acquire a home that surpasses his or her initial budget thanks to a lower initial monthly payment. However, after the first few years, the monthly mortgage payment may increase, and a homebuyer will need to plan accordingly.

Assess your mortgage options closely – you'll be glad you did. By doing so, you can boost your chances of selecting a mortgage that works well based on your current and future financial needs.

2. Evaluate Your Credit Score

Believe it or not, a first-time homebuyer's credit score may impact his or her ability to get the right mortgage. Fortunately, a first-time homebuyer can analyze his or her credit score without delay.

You can request a free copy of your credit report annually from each of the three credit reporting agencies (Equifax, Experian and TransUnion). Then, with your credit report in hand, you can better understand how potential lenders may view your mortgage application.

Of course, if you receive a copy of your credit report and find glaring errors, be sure to let the credit bureau know immediately. This will enable you to get any mistakes corrected and ensure these problems won't slow you down as you pursue your dream residence.

3. Consult with Potential Lenders

Although getting a mortgage may seem like an uphill climb at first, consulting with potential lenders may prove to be exceedingly valuable, especially for a first-time homebuyer.

Banks and credit unions employ friendly, knowledgeable staff who are happy to educate you about assorted mortgage options. These lenders can teach you about the ins and outs of various mortgage options at your convenience.

Lastly, if you need extra help in your search for the perfect mortgage, real estate agents may be able to offer assistance. These housing market professionals can provide honest, unbiased recommendations about lenders in your area so you can move one step closer to securing your ideal mortgage.

Ready to get a mortgage for the first time? Use these tips, and you can accelerate the process of obtaining a mortgage that suits you perfectly.

To live above and beyond where you are now requires a mindset that is also above and beyond. The life of your dreams is as much about attitude as it is about action. Casting a vision gives you direction and creates expectations. Look to the future and do not let your past hold you captive or remember it with too much nostalgia. Roll up your sleeves, then set your sights on what you want to accomplish.

Future is a blank canvas

The future is not concrete, and you may perceive it as unpredictable. That may cause anxiousness and fear. The past is known, so even when unpleasant, there is a strange comfort in the known. Choosing to do things differently to receive a new outcome takes venturing into new territory. Set your sails for a new horizon and equip yourself with a can-do attitude. What can help calm the fear of change and the mysterious future?

Three things to move you beyond

1.  A coach/mentor

2.  A personal support system

3.  A solid mental picture of the desired outcome

These things can help you stack the deck in your favor. Find someone who has successfully walked the trail to where you want to go. Ask them if they would be willing to spend time with you, answering questions. They can provide tips and help you avoid pitfalls. A voice of experience is an invaluable resource.

Building a personal support system of encouraging family, friends, and coworkers can shift your daily environment into a driving force toward your desired goal(s). On the flip side distancing or elimination contact with situations that are known distractions is also a significant step toward making changes that help in reaching goals. Much like cleaning out junk food from your kitchen when starting a healthier eating lifestyle, choose people who nurture and encourage you to dream bigger and take steps toward your goals each day.When you picture the goal give it as much vivid detail as possible. You have heard the word visualize before; it can mean many things to many people. The critical element is the time you take to precisely map out the endpoint on your new journey. If there is no destination, then you are just wondering aimlessly, or worse on a never-ending hamster wheel.

Take action now!

Be courageous. Declare the dream. Find that coach. Surround yourself with positive supporters. Bring into focus a specific destination. So, walk through those open houses that inspire you to go above and beyond.

Enjoy your maintenance free living in a 55+ resident owned Community within City limits. Affordable HOA fees of $135 per month include water, sewer and trash collection. No pets are allowed except certified service animals. This move in ready, tastefully updated 2 bedroom 2 bath lovely home has an inside laundry room with tub, and has permits for all improvements. The enclosed lanai has air conditioning, and there are Skylights in both bedrooms to save energy. Relax & enjoy your favorite beverage on your front porch on a peaceful and quiet street, watching birds dancing. Minutes drive to banking, shopping, restaurants, Venice downtown and beaches.

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Do you know home selling lingo? If not, miscommunications may arise that prevent you from maximizing the value of your house. Perhaps even worse, you risk making poor home selling decisions due to the fact that you don't fully understand the real estate terms included in a home sale agreement.

Fortunately, we're here to bring clarity to assorted home selling terms that you may encounter as you proceed along the home selling journey.

Let's take a look at three common home selling terms that every property seller needs to know.

1. Depreciation

Over time, the value of your home may deteriorate due to age, wear and tear and other problems. This is referred to as "depreciation," and depreciation ultimately may impact your ability to get the best price for your house.

To find out how much your house's value has depreciated, it may be worthwhile to conduct a home appraisal before you list your residence. That way, you can analyze your house's strengths and weaknesses. You also can uncover innovative ways to boost your home's appearance both inside and out, thereby ensuring you can set the optimal initial asking price for your residence.

2. House Closing

A house closing refers to the final transfer of ownership from home seller to homebuyer. Thus, once you and a homebuyer are ready to dot the I's and cross the T's on a home sale agreement, you'll complete the house closing process.

During a house closing, all terms of a contract between a home seller and homebuyer must be met. Moreover, the home deed will be recorded, and the house will finally be sold.

The house closing is a key part of the home selling cycle. At this point, a home seller will receive final payment for a house and transfer ownership of the property to the buyer.

3. Real Estate Agent

A real estate agent plays a pivotal role in the home selling process, and for good reason. If you hire an expert real estate agent, you should have no trouble navigating the home selling journey.

Typically, a real estate agent handles all of the tasks associated with listing and selling a house. This housing market professional will help you promote your residence to potential homebuyers, host open houses and home showings and even negotiate with homebuyers on your behalf. Plus, if you receive an offer on a home, a real estate agent can offer honest, unbiased recommendations about whether to accept or reject the proposal.

You don't need to look far to find a qualified real estate agent in your area, either.

Real estate agents are employed across the United States. In fact, if you interview multiple real estate agents in your area, you can find a real estate agent who makes you feel comfortable and confident about selling your house.

Allocate the necessary time and resources to learn various home selling terms. With a clear understanding of home selling terms, you can avoid potential pitfalls throughout the home selling journey.


About 4.77 acre of land with a run-down house, rented as a storage unit. This property is surrounded with new development. It has the option to build your dream home in this fantastic location with acreage land, or to remodel it for country living among all the new luxury homes. Sold "As Is"