buying a house in Destin - Destin King Team https://destinkingteam.com Keller Williams Emerald Coast Florida Real Estate Wed, 28 Jul 2021 01:31:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Private Mortgage Insurance / PMI in Destin, FL https://destinkingteam.com/private-mortgage-insurance/ Tue, 20 Apr 2021 15:40:22 +0000 https://www.destinkingteam.com/?p=500 PMI, or private mortgage insurance, protects the lender in case a homeowner is unable to pay their mortgage.

The price varies from $30-$70 a month for every $100,000 borrowed toward the home. Putting a down payment of 20% on a home will alleviate the need to have PMI.

In the event that the homebuyer puts less than that down, PMI payments are necessary until the amount of equity in the home is greater than 20%. At that point, be sure the mortgage payment reflects a decrease since the PMI is no longer required.

Are you considering buying a home in Destin or one of the surrounding areas in Northwest Florida?

Contact The King Team today. We can make the process go smoothly in a shorter amount of time.

]]> What is a Buyer’s Agent? https://destinkingteam.com/what-is-a-buyers-agent/ Tue, 22 Sep 2020 19:14:41 +0000 https://www.destinkingteam.com/?p=139 Real estate agents represent buyers and sellers. Typically, the seller pays commission for both agents. This is great news for potential homebuyers. The King Team welcomes every opportunity to meet potential clients, answer questions with reliable, professional knowledge, and show property on the Emerald Coast. Best part, it doesn’t cost a dime to be curious.

Experienced agents who are sure in their ability to serve the community will take time to develop a professional relationship with each client, securing their confidence in the purchase of any property. The King Team has four agents available, with nearly 100 years real estate experience, combined. 

The process of buying a home or commercial property is outlined with specific details and documents that are included in each sale. What makes a sale unique is the individual needs, timeline, and budget each buyer will have. 

Sources

Ramsey Solutions. “How to Buy a House.” Daveramsey.com, Ramsey Solutions, 3 Aug. 2020, www.daveramsey.com/blog/how-to-buy-a-house. 

Alterman, Liz. “What Is a Buyer's Agent? A Trusted Guide Who'll Help You Find a Home>.” Real Estate News and Advice | Realtor.com®, Realtor.com, 11 Nov. 2019, www.realtor.com/advice/buy/what-is-a-buyers-agent-used-for/. 

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