Naples FL Home Buyers Guide | Part 5

As a home buyer, purchasing your Naples home may prove to be one of the most fun personal and financial decisions you'll ever make. That’s why I want you to have my step-by-step guide to help you find and buy your first home. As your Naples real estate agent and neighbor, I will always be here to answer any questions that you may have during the process of purchasing your new home. I want your homebuyer experience to be both stress-free and fulfilling.

My 5 part home buyer guide explains both the real estate and financing process in easy to understand terms. What you're about to read is an overview of a typical home purchase. See how finding, financing and owning your Naples dream home will be easier than you think with help from your neighbor, Ginny Lee.

Making a First Time Homebuyer Real Estate Purchase Offer!

When you find a home you want to buy, you'll make the seller an offer in writing. This is not the final price you will pay for the house. Your offer is typically the first step toward negotiating the sales contract to an acceptable price for both parties. That is why determining how much to offer is more complex than simply ‘making an offer’. This is why when you make an offer as a first time homebuyer, you should reveal the amount you are willing to pay to your Naples real estate agent and then let her advise you as to the initial offer that you should make. Also talk to your agent about the other details of the purchase such as:

· Who pays the closing costs?

· What inspections will be performed?

· What personal property is included in the purchase? (stove, refrigerator etc.)

· Who will take care of any necessary repairs?

· What date will you take physical ownership and possession of the property?

· How do you settle disputes should they occur?

The Home Inspection

After you find a home and make an offer, especially as a first time home buyer, a house inspection is usually the next step. The seller should make the property available for inspection by a professional home inspector that is a third-party to the real estate transaction.

In a normal home inspection, the home inspector will examine the current condition of the property. The most common type of inspection is the General Home Inspection. You home inspector will provide you with a complete report that covers the property from the basement to the attic, including the exterior of the home, walls, and fixed appliances such as refrigerator, air conditioning unit and stove. Other elements of the property report may include: (this is not a complete list)

· Most recent termite inspection report

· Plumbing condition

· Water Quality and type (city/well)

· Lead

· Radon

· Most recent septic Tank inspection

· Asbestos

· Condition of electrical wiring and adherence to local codes

Go to Part 5