Raising the necessary cash for a down payment is the toughest hurdle first time Vero Beach home buyers face on the road to home ownership. For many, government programs like FHA, USDA Rural Development guaranteed loans, VA loans and down payment assistance programs sponsored by state and local housing authorities have made a big difference. Yet requirements by lenders in […]
Things Vero Beach Homebuyers Wish They Knew Before Buying
Everyone has experienced buyers remorse at some point in their lives. A recent Chase Bank survey found that some Vero Beach homebuyers would change some things about their home purchase if they had a second chance. Chase's survey, "What I Wish I Knew About the Homebuying Process," asked 807 recent homebuyers about their attitudes following the purchase of a home, […]
Vero Beach Homebuyers Fear Tougher Mortgage Requirements
Vero Beach homebuyers think credit access is about where it was two months ago. Perceptions remained largely unchanged with slightly more consumers thinking it will be either somewhat or much easier to get a loan a year from now. At the same time, more consumers said they think it will be much harder to obtain a mortgage, a possible reflection […]
Vero Beach Homebuyers: Most Popular Features in New Homes
The biggest growing trend Vero Beach homebuyers are looking for in new homes appears to be more space. According to data presented by the National Association of Home Builders (NAHB) at the International Builders' Show in Las Vegas, the size of new homes is up 13.4 percent in the last four years alone, with a massive rise in 4+ bedroom […]
Vero Beach Homebuyers Looking for Winter Bargains
Prospective Vero Beach homebuyers hoping to buy a home during the winter months say the lack of inventory is their biggest challenge, but many believe winter is a good time to buy because sellers are motivated to sell and more willing to negotiate. A survey recently conducted by realtor.com found that 45 percent of buyers in the market said there's […]