How long am I going to live there? - If you are planning on being around the area you buy (Miami or otherwise) for 5 or more years, you will more than likely be in a different real estate market by then. 
What is my real goal? - Many people buy real estate as an investment. Others buy it so they can have somewhere to live. You need to determine what your goal is. 
Does it benefit me financially to own a home? - In some cases people are paying large tax bills to the government because they don't have anything to put down on their taxes as a deduction. Are you in this group of people? A qualified tax professional can answer this and if you need a CPA (Certified Public Accountant) we can refer you to one. 
Can I afford to buy? - Sometimes buying doesn't cost much more than the place you rent. Only a loan professional can help you with this question and it is more reliable than the online calculators. If you need one, we can refer you to a loan professional as well. 
Does your rent keep going up every year? - If rent goes up every year it can be a real pain. Many of the mortgages today are fixed for 30 years. How does rent fixed for 30 years sound? It is good to have answers to these questions prior purchasing a home. If you don't have the answers, we will be happy to meet with you to discuss what is most important to you and to help you determine how to proceed.
 
You can contact us at anytime at 954-862-2631, or visit us for more information on homes in the Miami area.
 
Ellen Bithell, CREO, CRS
SELLING SOUTH FLORIDA!!