Tips for Home Buyers in today's Ft Lauderdale Real Estate Market

• Work with an experienced full time professional Realtor
• An experienced mortgage professional at a sound financial institution will help you decide what you can afford, not just how much mortgage money youqualify for.
• Be sure you understand how the increase in property tax that will kick in during your second year of ownership will impact your escrow and monthly payment
• Buyers shouldn't make ridiculous low offers
• Do not hesitate to make a reasonable offer on something you really want that is priced for today's market because the best properties are still selling quickly when they are priced realistically.   
• A lowball offer usually sets the tone for the deal and it becomes emotional for the seller and can kill the deal on the home you really want. 
• No mater how badly you want a property, do not show emotion because the seller will use it to his advantage.
• Don't be shy about asking for extras like the buyer paying closing costs, HOA fees in advance, etc.
• If a seller balks at your price or terms, just move on to the next one.

Use this mortgage calculator as a guideline only.

Factors such as property taxes and insurance premiums that you put in escrow each month will impact your actual monthly mortgage payment and could increase your monthly payment.

Get accurate mortgage information from a substantial financial institution and learn how you can pre-qualify for a mortgage, saving time and stress later.