NEW LISTINGS
- 1/20 20
New$2,900
3 Beds4 Baths1,939 SqFt10 MATE DR, Placida, FL 33946
Single Family Home
Listed by Nicolai Todosiciuc PA REALTY ONE GROUP MVP
- 1/25 25
New$28,900
0.6 Acres Lot100 CIRCUIT RD #N60, Nokomis, FL 34275
Condo
Listed by Heather Claridge RIVER HILLS PROPERTIES, LLC B
- 1/23 23
New$135,000
2 Beds2 Baths848 SqFt1051 FORREST NELSON BLVD #L103, Port Charlotte, FL 33952
Condo
Listed by Tami Beard ANDERSON DAVIS REAL ESTATE INC
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When making an offer on a home, it's essential to include contingencies to protect yourself as a buyer. These contingencies help ensure that you're not stuck with a home that could become a money pit or a legal nightmare. Here are the key ones you should consider:
✅ Inspection Contingency – This allows you to have the home professionally inspected. If there are significant issues, you can renegotiate the price, ask the seller to make repairs, or walk away.
✅ Appraisal Contingency – Ensures the property appraises for at least the offer price. If the home appraises for less, you can request a price reduction or back out of the deal.
✅ Financing Contingency – Protects you if your mortgage financing doesn’t come through. You’ll have the option to cancel the deal without penalties if you're unable to secure a loan.
✅ Title Contingency – Verifies that the seller has clear title to the property, meaning no liens or legal claims. This is essential to avoid future legal issues.
✅ Home Sale Contingency – If you need to sell your current home before purchasing, this contingency ensures that your new home purchase depends on selling your existing property first.
Including these contingencies helps you protect your investment and minimize potential risks during the home buying process. Don't hesitate to reach out if you need help negotiating a strong offer! 💪
Call or Text (954) 325-0200 / Robert Burks
LPT Realty www.burkssellsflorida.com
#HomeBuyingTip #RealEstateTips #BuyerProtection #SmartHomeBuyer #Contingencies
In addition to your down payment and closing costs, there are several other expenses to consider before and after you move into your new home! Here’s a breakdown:
Before You Move In
✅ Closing Costs – Usually 2-5% of the home price, covering fees like lender charges, title insurance, and inspection costs.
✅ Home Inspections & Appraisals – Necessary for verifying the home's condition and value before finalizing your purchase.
✅ Moving Costs – Don’t forget about moving trucks, packing supplies, and moving company fees.
After You Move In
✅ Home Repairs/Upgrades – You might find repairs are needed immediately (new paint, minor fixes), or want to update rooms to fit your style.
✅ Utility Setup & Deposits – Setting up electricity, water, gas, and internet may require initial deposits.
✅ Furnishing & Decorations – Settling into your new space might include new furniture, curtains, or other home essentials.
Saving ahead for these extra costs can help reduce financial stress after the sale! Ready to plan for your home purchase? Let’s get started!
Call or Text (954) 325-0200 / Robert Burks
LPT Realty www.burkssellsflorida.com
#HomeBuyingTip #BeforeAndAfterYouMoveIn #RealEstateTips #HomeownershipExpenses #SmartHomeBuyer
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