Buying An Existing Home

Category: Finance, Real Estate.

If you are thinking of buying a new home in Florida, Palm Coast is a city worth considering.

Palm Coast offers all the amenities of city life with a small town feel. Nestled amid the wooded beauty and natural wetlands of Florida s East coast, Palm Coast is a growing city of more than 50, 000 residents. Our welcoming community and careful city planning give you a sense of Old Florida without sacrificing convenience. Palm coast has something for everyone. Beautiful weather, numerous amenities and activities such as golf, boating, tennis, fishing, pristine beaches, and more, proximity to state and local parks, and exciting Florida cities. Tips for the new home buyer. Explore the city, visit the Chamber of Commerce, and read the local papers.

Just as you would in any other city, it pays to do plenty of research before you buy your new Palm Coast home. Decide which Palm Coast neighborhood provides the amenities you desire, including proximity to work, medical care, schools, shopping, parks and other recreational activities. Carefully consider whether you would like to purchase an existing home or if you would like to have a custom home built. Buying an existing home. If you decide to purchase an existing home, and there are homes for sale in your desired neighborhood, either call the listing realtors, or find a realtor you would like to work with exclusively. This is the person who will be guiding you through your home buying process, especially if you purchase an existing home, so choose carefully. Make sure you find a realtor you are comfortable with and who inspires your confidence.

Potential pitfalls of an existing home purchase. First, carefully consider the age of the home you are looking to purchase. When buying an existing home in Palm Coast, or anywhere else in Florida, there are several things you need to look out for. Was it built before lead paint restrictions were put into place? Does the home have solid electrical wiring and plumbing, or will you have to make expensive repairs? Does it have an old( and often unsafe) furnace that will need to be removed?

Take advantage of the inspection process. Some homes are built below hurricane code, and if you are buying a new home in Florida, the last thing you want is a below- code home. Hire a quality inspector who will thoroughly inspect all major systems in the home, and who will be able to tell you more about the structural integrity of the home. The inspection process is crucial! Considering a newly constructed Palm Coast home. You need to ask if there has been any termite damage, wood rot, flood damage, roof damage or leaks in the home. Although it can be more expensive to have a custom home built, the new home buyer would be well served to research and consider this option.

Everything is new, so you don t have to worry about expensive repairs. If you decide on a custom home, you immediately alleviate several new home buying worries. In a newly constructed home, there are no termites, leaks or flood, no wood rot damage, and you know what materials that are being used to build your home. Finding the right builder. Not to mention, with a custom home you have the opportunity to build a home that reflects your personality, with exactly the colors and features that you have always wanted. It is best to research several home builders in the Palm Coast area.

Cheaper tract homes may be easier on the wallet initially, but in the Florida climate you will end up paying more for repairs in the long run if you buy a cheaply build home. Homes built by reputable builders are often more expensive, but quality construction is well worth the extra expense. When interviewing a prospective builder, begin by asking about the types of materials they use. Do they build the walls and foundations with wood, or solid poured, concrete block concrete? Quality builders use quality materials. Do they build their homes above hurricane code? Find out about upgrade packages and whether it costs more for high quality materials and comfort upgrades.

If so, how far above code do they go? Ask for references and check them. Do your homework, and find quality, shop around professionals you can trust to assist you with everything from finding or building your ideal Palm Coast home, to financing that home. Educated buyers have the best home buying experience. The extra time you put in now will pay dividends in the long run, and will ensure that you have a positive experience when finding the Palm Coast home of your dreams.