11 Reasons You’ll Love Moving To Clearwater, FL

Redington Beach Florida
CLEARWATER, FLORIDA

Arona McGinley | Charles Rutenberg Realty | RealEstateBitz.com

Every day we have families moving to Clearwater, FL! Clearwater is one of those places that is perfect for families with children, seniors looking to relax and enjoy the perfect weather or a great golf day. When you move to Clearwater, Fl plan on getting rid of the snow boots and heavy winter jackets. Time to stock up on lots of bathing suits, shorts, and sleeveless tees. Whatever the reason it’s definitely one of the best places to live in Florida.

Clearwater Florida has excellent schools, there is so much history and I can’t forget to add Winter the Dolphin at the Clearwater Marine Aquarium. Clearwater, FL supports over 50,000 local jobs and has been growing every year. If you’re looking for that beach vibe with a slower pace of life then this is the place for you. Check out our downtown and enjoy the museums, great restaurants, and perfect weather. Should you be moving to Clearwater, or are thinking of moving to Clearwater, Fl please feel free to contact me with any questions you may have about this beautiful city. I am always happy to help!

Your Home Buying Checklist

Are you a home buyer in Pinellas County, Florida
  1. Separating your wants -vs- your needs.

Here are a few tips for home buyers that are shopping for houses. How to narrow down your search.

  • What do you need in a Home?
  • What do you want in a Home?

Before you even start shopping think about what you actually need in the home for you and your family. There is a huge difference in what you want compared to what you need. If you work from home all the time you may need a home office. If you work from home once a week you can also say I need a home office. Is a home office really necessary if you only work once a week from home? The bigger the home, the more expensive, so it helps to break down needs versus wants.

Arona McGinley Realtor in Tampa florida

2. Be realistic about your finances

Look at your finances, determine what you can afford to spend monthly for your mortgage. Do you have money for a down payment? Do you have money for escrow? This will determine what price range of homes you can afford.

3. Talk to Lenders, get pre-approved.

This is a letter from a lender that you give to the sellers to show that you are serious about buying their home. It says that the lender is committed to lending you this much to purchase their home.

Once you determine that you are ready to be a homeowner talk with a Realtor about market conditions. This is one of the biggest investments don’t just wing it.


Home Purchasing Costs & Fees

Here are some of the costs that you will have when purchasing a home in Florida.

Are you Financially Prepared To Buy Your Home?

are you financially prepared to buy your home

You’ve made the decision to purchase your home but are you financially prepared to buy your home.

Here are a list of things that you need to know now.

  • Evaluate your current Income versus your Expenses
  • Do you know your Credit Score?
  • Figure out what you can afford for your monthly payments
  • Do you have Savings?
  • Do you know your Debt to Income Ratio?

If you want to buy or sell a home, it’s important to know if it’s a buyer’s market or a seller’s market. Here’s how.

Buyers or sellers market

Buyer’s Market Definition

A buyer’s market occurs when the supply (available properties for sale) exceeds demand (the number of buyers seeking to purchase properties). If you’re buying a new home, a buyer’s market is the ideal time to make your move. You might be able to buy a great home for a lower cost than you would in a seller’s market.

If you’re trying to sell your property in a buyer’s market, your home may remain on the market longer before you’re able to secure a buyer due to the large number of available properties. You may also have to lower your listing price or make other concessions in order to secure a buyer.

Seller’s Market Definition

A seller’s market occurs when demand exceeds supply, or there are more buyers seeking to purchase properties than there are available homes on the market. This often leads to multiple buyers interested in a single property, resulting in bidding wars. A seller’s market is a fantastic time to sell your home as you could secure a sale price that’s higher than your listing price, or at least more than your bottom line (the lowest price you’d be willing to accept for your home).

If you’re buying a home in a seller’s market, be aware that the seller has the advantage. If other buyers are interested in the same property you’re making an offer on, trying to get a lower sale price probably won’t work to your advantage. In fact, you could lose the opportunity to purchase the property altogether if a competing buyer makes a higher offer. Seller’s markets are sometimes called “renter’s markets” for this reason; sometimes potential buyers need to keep renting until they can save up a higher down payment and compete with other buyers in the market.

What Is My House Worth?

How to Determine If It’s a Buyer’s Market vs. Seller’s Market

The real estate market goes up and down depending on the season. There are usually a lot more homes for sale in the summer months (June – August) than any other time of year. That means that it could be a seller’s market in the winter but a buyer’s market in the summer. Whether it’s a buyer’s market or a seller’s market also depends on the area. Cities with a lot of available jobs and growing industries will often be a seller’s market, while those with struggling economies will be a buyer’s market.

One way to determine if it’s a buyer’s market or a seller’s market is to look at inventory, or the number of homes for sale. If inventory is low, it is most likely a seller’s market. If the current level is below 0%, that means that there are fewer homes for sale now than during this time last year, and it could be a seller’s market in your area.

Buying & Selling in Different Types of Markets

A local real estate agent will be able to come up with a strategy for getting the best deal, whether it’s a buyer’s market or a seller’s market. If you’re selling, they’ll know how high of a price to ask for, and if you’re buying, they’ll know what you need to offer in order to compete with other potential homebuyers (or sway the homeowner to accept a lower price).

Article taken from Redfin.com