How to Financially Prepare to Purchase a Home

Before you start shopping for your property, it is a good idea to make some preparations.

Build Your Green File.

A green file contains all your important financial documents. You will need it to secure financing for your property. The typical green file should contain:

  • Financial statements
  • Bank accounts
  • Investments
  • Credit cards
  • Auto loans
  • Recent pay stubs
  • Tax returns for two years
  • Copies of leases for investment properties
  • 401K statements, life insurance, stocks, bonds, and mutual account information.

Check Your Credit Rating.

Your credit score will have a huge impact on what type of property you can buy, and at what price. It is first recommended to check your credit rating with an experienced lending institution so that Sarah can determine what you can afford. The lender will research your credit ratings from the three credit reporting agencies Equifax, Experian and Trans Union. I will be happy to recommend experienced, knowledgeable lenders in the residential, construction, commercial, and investment real estate fields.

Be Careful With Your Finances.

Now is not a good time to make sudden career changes or large purchases. You want to approach your property purchase from a position of financial stability.

Please visit my website to find more tips on preparing to purchase a home  Deciding to Buy and search the MLS listings throughout Volusia County directly on my website www.sarahcaudill.com

Best Condo Community in New Smyrna Beach

New Smyrna Beach Minorca Condos | www.sarahcaudill.com

New Smyrna Beach Minorca Condos | http://www.sarahcaudill.com

Minorca is one of the best condo communities in the pristine beach town of New Smyrna Beach.  With the Atlantic Ocean on the East side of these condo buildings and the inter-coastal waterway to the West side, this community offers breath-taking sunrise and sunset views.  The Minorca community was built on 65 acres and is 15 miles south of Daytona Beach.  New Smyrna Beach is the closest beach town to Central Florida’s theme parks being only an hour from Orlando.  Adjacent to this fantastic community is the Smyrna Dunes Park that offers 220 acres of park with over four miles of boardwalk and walking trails.  The first of the 7 Minorca buildings were completed in 2002 and the last in 2006.  The property includes 310 condo homes.

Minorca offers an exclusive clubhouse complete with a full kitchen, bar, pool table, and entertainment area; a large heated pool and spa along with a fully equipped gym with a sauna; tennis courts; 24/7 staffed security gatehouse; Ponce De Leon River Pavilion; excellent on-site management staff; boat docks for rent or purchase; and fishing docks overlooking the New Smyrna Beach Coast Guard Station and Ponce Inlet Lighthouse.

Currently the lowest priced condo in this prestigious community is a second floor, 2 bedroom, 2 bath, 1,450sq ft unit listed at $347,000 and the highest priced condo is a seventh floor, 4 bedroom, 3 bath, 2,620 sq ft unit listed at $1,550,000.

Call your full-time Minorca resident and realtor today to tour this one of a kind community #386-295-8664! Or view the current Minorca condos For Sale by following this link: http://sarahcaudill.idxbroker.com/idx/results/listings?idxID=a096&pt=1&lp=0&ccz=city&per=10&srt=prd&a_complexName[]=Minorca