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First Time Home Buyers
Welcome > For Buyers > First Time Homebuyers ...

Buying Your First Islamorada, Key Largo and Tavernier Home? Then You've Come To The Right Place! Make Sure You Choose A Number1Expert in the Upper Keys Real Estate Market. Call Kathy Denworth TODAY! 

You might be a bit afraid or intimidated by the whole process of buying your first home. As a Islamorada, Key Largo and Tavernier real estate expert, it's my job to guide you, from beginning to end. 

I will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell me a bit about your situation below. I'll get right back to you. There is absolutely no charge, and I offer this to you with no strings attached. 

New to the home buying process? Tell me your concerns. Ask me questions. It's my job to help! There's no obligation, and I promise to get back to you quickly... 

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School Reports in Islamorada, Key Largo, Tavernier and Monroe County, Florida
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Real Estate Tips
Financing Your Home >Mortgage Fears

It is not unusual for home buyers to feel that the lender is being very critical during the loan approval process. The buyer is required to provide all kinds of financial information, and then the lender asks for more. If this is your experience, and the process seems discouraging, remember that none of this is personal!

Some lenders have more stringent requirements than others, but every lender requires a substantial amount of documentation on a mortgage loan. They must verify employment, credit history, and recent financial transactions involving your liquid assets. If your Visa payment was late, they may ask for a letter explaining why. If you are self-employed, they will ask for tax returns from at least three years and probably a year-to-date profit and loss statement.

Government regulations require mortgage companies to document everything. And while the loan officer may know that you are a reliable risk, the underwriters must be able to defend the loan to a federal bank examiner or auditor.

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Real Estate Trivia
Q 
What is the most expensive piece of property ever recorded?

A 
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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Kathy Denworth, REALTOR®, real estate agent and broker for Islamorada, Key Largo, Tavernier and Monroe County, Florida home listings, property and land for sale - NUMBER1EXPERT

Kathy Denworth
Century 21 Keysearch Realty

86000 Overseas Hwy
Islamorada, FL 33036
Main: 305-852-7870
Direct: 305-519-5209
Fax: 877-254-6976
Kathy@KathyDenworth.com

Do you have a passion for what you do? I do. I wake up in the morning in Islamorada knowing that I can make a difference in someones's life simply by caring. Let me make your life better by taking the stress out of buying or selling a home in the Keys. With me, It's "all about you". Call me toll free 877-I Call KD (877-422-5553)

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