FIRST-TIME Homebuyers' Tips From Juan Mestre, Your Forever Realtor® Associate

Published 01/05/2023 | Posted by Juan Mestre

Embarking on the adventure of purchasing your first home is both thrilling and daunting. It marks a significant milestone in your life, full of potential and brimming with opportunities. In the vibrant and dynamic state of Florida, this experience is all the more exciting. As your trusted Forever Realtor® Associate, I, Juan Mestre, am here to guide you through each step of this exciting journey. From understanding the market trends to selecting the perfect neighborhood and negotiating the best deal, I will provide the expert advice you need to turn your dream of homeownership into reality.

A good agent, like myself, is familiar with the locations you're looking in Miami Dade County. It's my job to know this, thus I will be far more familiar with your search region than you. I Juan Mestre, as a member of the Berkshire Hathaway HomeServices network of experts, will offer the following guidance to first-timers to assist you to move into a house of your own and begin creating equity:

1. I'll assist you in becoming informed. Freddie Mac and Fannie Mae provide free educational modules that assist
first-time buyers in a variety of ways, including helping them qualify for certain loans, pay lower down
payments, qualify to buy with lower income or lower credit, receive assistance with closing costs or down
payments, and more.

2. We will enter the market together. It's preferable to buy anything now, even if it's not your permanent home,
since you can't develop equity if you don't own a property. You would be wise to purchase a smaller, older
property in a less pricey area because starter homes will always have a market. The greatest percentage of first-time homebuyers (19%) and small communities (29%) ever recorded bought properties.

3. Let's get used to making some concessions. It's not necessary to buy your ideal house as your first home;
instead, pick the one you can live with for the next five years or so in order to cover closing expenses, transaction
fees, etc. The characteristics and condition of your house may always be improved later.

Fortunately, having me, Juan Mestre, as your real estate agent in your corner may make many difficulties go
away for first-time home purchasers.

Sourced from the information available for NAR, FloridaRealtors.com, Realtor.com, BHHS.com, and my
knowledge.

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