Buying Your First Home in

the Port Orange Area

Buying a home for the first time may seem like an overwhelming process, especially when you have no idea where to start—but that's why I'm here for you. Learn more about the process of obtaining a mortgage, finding the perfect home, and making an offer, and you'll be on your way to owning your very own home near Port Orange!

Understanding Your Mortgage

First and foremost, let's talk about mortgages. Most buyers need one, and there are a lot of options that vary greatly from lender to lender and from buyer to buyer. This means it's important to understand what you're looking for and talk to a lot of different lenders to ensure you're getting the best deal possible.

What Goes into a Mortgage?

There are four main components to a mortgage payment, often abbreviated as "PITI." Let's take a closer look at what they mean.

Principal

This is the repayment of the initial amount you borrowed from your lender (in other words, the price of your home).

Interest

This is a payment to the lender for the money borrowed (and is then added on to the initial price of your home).

Taxes

Your annual city and county taxes assessed on your property are divided by the number of mortgage payments you make in a year and added into your mortgage.

Insurance

Your monthly homeowner's insurance payment covers you against various hazards and is added to your mortgage payment.

Calculate Your Monthly Payments!

Now that you've learned a little more about what you'll pay each month, it's time to go shopping! There are thousands of different types of mortgages available to Port Orange home buyers, including VA, FHA and even first-time buyer loans. You can also choose between a fixed or adjustable interest rate.

If you want to start crunching some numbers, try checking out my mortgage calculator!

Mortgage Calculator

Ready to Find Your Dream Home?

Now it's time for the fun part—actually searching for your home and finding "the one!"

This is where you get to decide exactly what you want and need in a home, from the type of house or townhouse to the location of the neighborhood to all the exciting interior and exterior amenities you just have to have! Make sure you keep detailed records of the homes you visit, noting things you liked, didn't like, pros and cons, etc. Taking pictures can also help keep your memory fresh.

Additional Home-Buying Resources

Still need some information? We've got more for you to explore!

Ready to Get Started?

If you're eager to start your journey to homeownership, I'd love to be with you every step of the way. Contact me today to learn more about buying a home in the Port Orange area. I look forward to teaming up and accomplishing your real estate goals!