Hey guys!
So you have decided to buy a home this year. Congratulations! You're doing the research, right? To find out what the steps are, what you need to qualify for a mortgage, and you're looking for the right partners to help you out in this home buying journey. I want to let you know that I'm proud of you for doing this and I'm excited for you.
Imagine stepping into your new home for the first time: the warmth of the sun streaming through the windows, the sound of laughter echoing through the halls, and the scent of fresh paint mingling with the promise of new beginnings.
As a Kissimmee real estate agent, my mission is to guide, inform, and inspire homebuyers to take the first step towards their best life by buying homes confidently. That entails making informed decisions. 
Why the Home Inspection Period is Crucial for Kissimmee Homebuyers
Think of the home inspection period as the foundation of your new life. Just like a sturdy foundation supports a house, a thorough inspection supports your peace of mind.
The home inspection period is the most crucial period during the entire transaction. This is the period where you have the most control, and it is necessary that you follow these steps.
Steps to Take During the Home Inspection Period
1. Send Out the Good Faith Deposit
As soon as you get the contract back signed by the seller, you're going to send out the good faith deposit to the title company. Do it the first business day to ensure everything moves smoothly.
2. Apply for Your Mortgage
Next, you're going to apply for your mortgage. Yes, you might have just filled one out, but you need to do it again. Your loan officer can explain the reasons behind this requirement.
3. Conduct a Thorough Home Inspection
Obviously, you need to conduct a thorough inspection. I have another article that talks about how to hire an inspector, what to ask, and what to look for. Be sure to read it for more detailed guidance.
Home Inspection Guide for Homebuyers
4. Get Homeowner’s and Flood Insurance Quotes
It's important to have an idea of how much your home insurance premium will cost and how that affects your monthly payment. Some insurance companies will request a four-point inspection report and a wind mitigation report based on the property's age.
5. Understand Homeowners Association (HOA) Rules
If you’re buying a home in an HOA-governed community, get the rules and regulations, covenants, and all necessary HOA documents. Know the HOA fee, its frequency, and what services it covers. Don't forget to check the community's financials and whether there are any upcoming assessments or fee increases.
6. Contact the County for Property Information
Reach out to your county to check for any changes in zoning, upcoming projects, or other relevant information about your property and the surrounding community.
7. Explore the Neighborhood
Drive around the neighborhood at different times of the day, including after dark. This will help you get a feel for your community and decide if it’s the right fit for you.
Negotiate the Home Inspection Period
Given the current market conditions in Osceola County, Orange County, and Polk County, buyers and sellers must negotiate. Typically, a 10-day inspection period is common, but this can vary based on your situation.
Final Thoughts and Next Step
I hope this piece was useful to you. My intention is for you to make informed decisions with this article. If you know someone who may find this article useful, please share it with them.
Just like planting a seed and watching it grow into a flourishing garden, taking the right steps in your home buying journey can lead to a blossoming future.
If you're ready to start your home buying journey, feel free to reach out. We offer no string attached consultations three times per week. For 15 minutes, we sit down, answer your questions, and explain the process. So, if you're ready to take that step, book your consultation in the calendar below.
Thank you so much once again for the opportunity to earn your trust and your business. This is Jury Hernandez, also known as The Original Kissimmee REALTOR®, here to guide, inform, and inspire you.
