After much discussion about what the caller wanted in a house (move in ready, 3 bedrooms, 2 baths, close to job) I asked about the budget. Knowing one's vision in a home up front allows me to respond to the budget.
The response was "$25,000 to $30,000." Before I could say "Huh?" I was given the answer I was seeking.
"I saw some in the listings on the Internet."
|Example - not actual listing|
Yes, there are a little more than a dozen single family detached structures for sale in Brevard County, Florida for $25,000 to $30,000 (this morning about 16 listings out of 2,800 listings in the MLS system). A baker's dozen of these are located north of Rockledge, Florida with most in the Mims and Titusville areas. (Location, location, location!)
But these homes did not fit most of the criteria identified by the caller. Just because you see them in the MLS doesn't mean you should or can buy them? Unless a buyer is paying cash many are in need of so much rehabbing they may not qualify for financing.
The key take away for this buyer from our conversation:
- Call a local real estate expert, then
- Define realistic expectations, then
- Begin your home.
When you are ready to buy a home in Brevard County, Florida give me a call at 321-693-3850 or send me an email.