Buying a home in Orlando

Buying a Home inOrlando-Orlando Homes Sales

Buying a home in Orlando

If you are looking to buy a home in Orlando to live or invest in real estate, you have come to the right place!

Buying a house in Orlando or in any city in the world takes time. And no house, not even the most beautiful, is worth entering before you are ready to buy a house.

Do you know what is more important than buying a home? How to buy that house.

When you start dreaming about buying your first home, it is very easy to get carried away by your emotions. Suddenly you will be seeing houses in different applications, and letting yourself be carried away by your imagination to remodel it to your liking. When you do not follow the proper process to buy a home, it is very easy to get a home that you will not be able to pay, and that mistake can long affect your financial situation and the quality of life of your family.

At Orlando Homes Sales we have a team of real estate agents with extensive experience representing investors and home buyers, and knowledge of the different communities in Orlando and throughout Central Florida. Let us advise you throughout the process of buying your home without any cost, remember that the buyer does NOT pay commission.

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Process to buy a house in Orlando

Buying a house in Orlando is a dream for everyone. When we consider being ready to make that dream come true, we must follow a series of steps that ensure that we really make the right investment with the fewest contingencies. The home buying process could be complicated even for someone who has previously purchased a home. The following guide will facilitate you through different steps, the process of buying your home in Orlando. View guide.

When you first buy a home, my wife and I had a lot of questions, fears, anxiety, which is why we spoke to many realtors in Orlando before taking the plunge and we were happy to take that plunge with Alexander and Monica. Their customer service, attitude, and knowledge are unmatched. Thank you for all of your time and advice. You both were a tremendous help!
by Keith Jablon
Home Buyer
My wife and I have moved 10 times in the last 30 years due to my work, and obviously we have dealt with many Realtors both for sale and purchase. I must say that Orlando Homes Sales has been by far the best team of real estate agents we have worked with, their professionalism, experience, responsibility, attention to detail was exceptional! Do yourself a favor and buy or sell with them.
by Kathy & David
Home Seller
After working with Orlando Homes Sales to sell my house, I was convinced that I would always work with them. Since then I have bought 2 properties and sold one, and in each process I have obtained the best results. It really is a pleasure to work with real estate agents who care about the interests of their clients.
by Luis Rodriguez
Home Seller
Our experience with Orlando Homes Sales could not have been better. We were first time home buyers with very little knowledge of how to find the perfect home. As soon as we met Monica and Alex we realized that they were the right Realtors to buy our house in Orlando.
by Julian Andrade
Home Buyer
We couldn't be happier with the way the Orlando Homes Sales team worked with us on our investment in buying a home in Orlando. They are extremely responsive and proactive. We weren't sure what the home buying process would entail or how much work it would take, but with the experience they have, everything went smoothly. We have our house rented for $ 2,100 and we pay $ 1,450 in mortgage.
by Luiz & Josefa
I recently sold my Hunters Creek home through Orlando Homes Sales, and while this is a very stressful process, I felt 110% confident in going through this process with Monica. He shared a lot of really helpful advice with me, and he negotiated and closed the sale brilliantly.
by Mike Morales
Home Seller
It was the first time we had purchased a home as an investment, so it took us a while to find the best real estate agents in Orlando. We decided to work with Orlando Homes Sales after seeing all the testimonials on their website and we were lucky to have chosen them. They provided us with an incomparable service, providing us with all the information we needed to know to make the decision to invest in Orlando. We were lucky to find them.
by Nuno & Adella
I live in South America but I always had the dream of investing in a vacation home in Orlando, where I could get a financial benefit and at the same time take my family to the parks every year. I found Orlando Homes Sales through Google and when Monica called me, I realized right away that she was the Realtor I needed to invest in Orlando. Anyone who wants to invest in Orlando real estate, Orlando Homes Sales will be your best ally.
by Ricardo Gomez
We were very fortunate to have found the Orlando Homes Sales website when we Googleed to buy a home in Orlando. Monica is definitely a very experienced real estate agent who gave her all to help us make our dream come true. Thanks for your patience, you are the best realtor
by Ricky Guerrero
Home Buyer

Frequently Asked Questions

Should I buy a house or continue renting?

Renting a house is a good option when you move to a city, have debts, or a very low Credit Score. However, when you rent a house you are losing money, since with less money you could pay your mortgage. There are many advantages of buying a home:

The value of your house will increase over time, which represents a capital gain. When you buy your house you will have the freedom to make the structural changes you want and remodel as you wish. Buying a house will make you feel proud having achieved your dream, also giving you a lot of security.

If you plan to buy a house in the near future, it is important that you know the process to buy a house in Orlando. Once you make the decision to start, contact us and we will advise you at no cost.

How much do I need for the Down Payment?

The initial payment or ‘down payment” is the initial amount you must pay when buying a home. This varies depending on the type of mortgage. If the mortgage type is FHA, the minimum down payment is 3.5%. If it is a conventional mortgage, the initial minimum would be 5%. It is important to consult beforehand with a real estate agent and a lender to select the best option.

There are veterans loans, which is an excellent option for those who are currently or have served in the military. The main advantage of this type of mortgage is that it does not require a down payment to buy a home.

Another type of loan that does not require a down payment is the USDA, known as “rural loans.” This type of loan applies to people who live in an area where the population is less than 35,000. Contact us for any questions about the types of mortgage.

Is there a first-time buyer mortgage program?

Not just one, there are several First Time Home Buyers mortgage programs. There are some federal and other state programs, as well as some programs for people with particular professions. When selecting a lender, he will be able to advise you on the different types of programs that exist.

We recommend that you read the Orlando home buying process at the beginning, before speaking with a lender, or Contact us to advise you on your purchase process. Remember that it has no cost.

How much should I pay in closing costs?

Before deciding to buy a house it is important that you save an amount of money that is enough for the closing costs. On the closing day there are certain costs that are borne by the buyer and others by whom sells the house .

The closing costs that correspond to you range between 2% and 5% of the purchase value of the house. Now, there are special cases. For example, when buying a new home in Orlando, either to live in or invest in real estate in Orlando through vacation homes , most of the builders assume part of closing costs, saving you extra money.

For more information on how to save money on closing costs, contact us to advise you throughout the purchase process. Remember that it has no cost.

How long does it take to close a house?

In most cases, the closing of a house takes between 30 and 60 days. Now in some cases it may take a little less and in others it may take a little longer.

Working with an experienced Realtor guarantees to close in the shortest possible time and with the least number of contingencies.

Is it mandatory to do a home inspection?

It really is not mandatory. If you want to buy a house in cash and don’t want to do an inspection, no one will force you. Even so, it is always recommended to do it to identify any type of problem that exists in the house.

Now, when the house is going to be bought through a mortgage loan, it is practically obligatory. The lender will require it to determine the value of the home and consider the viability of the loan.

What is the minimum credit score I need to be approved for a loan?

Most mortgage lenders prefer to see credit scores of 600 or higher. Now, nothing is written in relation to this, but it is suggested to have this score as high as possible.

Contact us to advise you and help you increase your credit score.

I will buy a house and move to Orlando, do you know of any company to carry out the entire move-in process?

Many of our clients who come to Orlando or move to other countries have asked the same question. Therefore, we have partnered with Orlando International Moving , a highly recognized company in Orlando. You can contact them and inform them that you are our client, or if you wish we can help you with this management.

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