Carr Law Firm, P.A.
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407-426-9300 888-351-0905

Buying your first home? Check out these tips

Buying your first home is a momentous occasion. In all likelihood, it's the biggest purchase you've ever made and you want to make sure it goes well. You may also have big plans to start a family there and make memories that will last a lifetime. That puts a lot of pressure on one single purchase, but there are some ways to ensure your first experience goes well.

  • Know what you can afford. Many people make the mistake of buying more house than they can afford. They end up getting in too deep, which can cause financial arguments with spouses and eventually lead to a foreclosure. Run the numbers and find a realistic price range, even if it means compromising on a few things.
  • Ignore the paint. Lots of homebuyers look at houses and can't see past the paint, the carpeting, the furniture or the kitchen cabinets. Remember, all of those things can be changed, so focus on a sound structure and good bones.
  • Check out short sales and foreclosures. Short sales and foreclosures can often be had at better prices because the bank is anxious to unload it and recoup at least some of the investment.
  • Find a property with a rental. Many homes come with a livable basement or a standalone attached apartment. Consider renting the apartment out to help pay the mortgage or, even better, live in the rental for a while and use the main house to make a profit.

The real estate market can be overwhelming, especially when you have no experience in it. If you wind up with a home that has construction defects, a real estate attorney may be able to help you get compensation.

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What Clients Say About Carr Law Firm

  • Pete Carr has represented my companies for the past several years. He has handled all of the companies litigation needs along with providing legal counsel and legal documents as needed. Pete is always extremely professional but the thing that I like the most about Pete is how responsive he is when needed.
    Danny Quinn, President
    Quinn Commercial, Inc and Quinn Contractors, Inc.
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  • Peter Carr of the Carr Law Firm, P.A., has represented various companies I owned since 2009. Mr. Carr is a great talent in landlord/tenant disputes and general corporate litigation. In every case he has represented me in, he researched and advised me of the best solutions to either settle the case or to fight.
    Abdul Mathin
    Blackmine Property Management
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  • Pete has been my attorney for many years. I previously worked with other attorneys and what I like about Pete is that he looks at all angles of the situation and gives me advice that is in my best interests, even if it’s not what I want to hear. When necessary, he litigates aggressively.
    Vincent F. Wolle, CCIM, SIOR
    Broker-Investment Partner
    Results Real Estate Partners, LLC
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Carr Law Firm, P.A.
203 E. Livingston Street
Orlando, FL 32801

Toll Free: 888-351-0905
Phone: 407-426-9300
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