First-Time Home Buyers

If you are a first-time home buyer, use the guide below for helpful hints and tips and learn how to avoid common mistakes when buying your first home in Panama City Beach, FL.

  • Pre-Qualification: Meet with a mortgage broker and find out how much you can afford to pay for a home.
  • Pre-Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved. You'll also avoid being disappointed when going after homes that are out of your price range. With Pre-Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender. This way, assuming the home you're interested in is at or under the amount you are pre-qualified for, the seller knows immediately that you are a serious buyer for that property. Costs for pre-approval are generally nominal and lenders will usually permit you to pay them when you close your loan.
  • List of Needs & Wants: Make 2 lists. The first should include items you must have (i.e., the number of bedrooms you need for the size of your family, a one-story house if accessibility is a factor, etc.). The second list is your wishes - things you would like to have (pool, den, etc.) but that are not absolutely necessary. Realistically for first-time buyers, you probably will not get everything on your wish list, but it will keep you on track for what you are looking for.
  • Representation by a Professional: Consider hiring your own real estate agent, one who is working for you, the buyer, not the seller.
  • Focus & Organization: In a convenient location, keep handy the items that will assist you in maximizing your home search efforts. Such items may include:
  1. One or more detailed maps with your areas of interest highlighted.
  2. A list or file of the properties that your agent has shown to you.
  3. Paper and pen for taking notes as you search.
  4. A camera to snap pictures of homes you have toured to help you remember your favorites and features you really liked.
  • Visualize the house empty & with your decor: Are the rooms laid out to fit your needs? Is there enough light?
  • Be Objective: Instead of thinking with your heart when you find a home, think with your head. Does this home really meet your needs? There are many houses on the market, so don't make a hurried decision that you may regret later.
  • Be Thorough: A few extra dollars well spent now may save you big expenses in the long run. Don't forget such essentials as:
    1. Include inspection & mortgage contingencies in your written offer.
    2. Have the property inspected by a professional inspector.
    3. Request a second walk-through to take place within 24 hours of closing.
    4. You want to check to see that no changes have been made that were not agreed on (i.e., a nice chandelier that you assumed came with the sale having been replaced by a cheap ceiling light).

All the above may seem rather overwhelming. That is why having a professional represent you and keep track of all the details for you is highly recommended. Please contact us directly to discuss any of these matters in further detail.

516 Properties
Page 1 of 43
$385,000
Subdivision: Kings Point 2Nd Add
3
Beds
3
Baths
2,104
Sq.Ft.
1975
Year Built
1
Day on Site
721363
MLS
This home is located in the prestigious Kings Point neighborhood with easy access to Panama City, Lynn Haven, Tyndall and the beaches. Home has 3 bedrooms and 3 full baths. A large wood burning brick...
$259,000
Subdivision: Northwoods
3
Beds
2
Baths
1,413
Sq.Ft.
2010
Year Built
1
Day on Site
721553
MLS
3 bedroom 2 bath near the end of this cul-de-sac! Upon entering the home you will notice the mosaic tile in foyer that leads to the hardwood floors in the living room. The living room has 11 ft...
4
Beds
3F11/2
Baths
2,511
Sq.Ft.
2022
Year Built
1
Day on Site
721560
MLS
Introducing new plans along with modern designs to the waterfront community of SweetBay! Harris Doyle Homes, the community's newest builder, presents its 2-story Navarre plan with Classical exterior....
$250,000
Subdivision: [No Recorded Subdiv]
3
Beds
2
Baths
1,762
Sq.Ft.
1965
Year Built
1
Day on Site
721561
MLS
Come see this cute 3-bedroom 2 bath home on a large corner lot near Tyndall Air Force Base. This home was completely remodeled with a beautiful interior just 1 year ago. The garage has been enclosed...
$200,000
Subdivision: Green Hills
3
Beds
2F11/2
Baths
1,455
Sq.Ft.
1945
Year Built
1
Day on Site
721562
MLS
This cozy 3 bedroom home sits on a little over 1/2 an acre of land. The home has been renovated with new luxury vinyl tile flooring, granite countertops in the kitchen, fresh paint, new water heater,...
$425,000
Subdivision: Holiday Beach Unit 13
3
Beds
2
Baths
1,360
Sq.Ft.
1976
Year Built
1
Day on Site
721563
MLS
NEW ROOF AND SHORT-TERM RENTALS ALLOWED! Great 3BR/2BA home on a corner lot just a few blocks from the beach and Grand Lagoon! This home sits on a oversized lot and boasts lots of sensational extras...
3
Beds
2
Baths
1,980
Sq.Ft.
2000
Year Built
1
Day on Site
721564
MLS
Money maker!! Approximately nine acres+-, it has four addresses now with potential for more. There are four power poles, two commercial septics and public water. Well needs repair. The three...
$329,900
Subdivision: Gulf Highlands Beach Resort
2
Beds
2F11/2
Baths
1,188
Sq.Ft.
1991
Year Built
1
Day on Site
721566
MLS
Age, SF, and dimensions approximate. Very well maintained ''Glassback'' unit ready to occupy or for investment. Completely tiled downstairs and bamboo flooring upstairs. Close to heated pool. Complex...
$499,900
Subdivision: Venture Out Travel Trail
2
Beds
2
Baths
1,020
Sq.Ft.
2000
Year Built
1
Day on Site
721572
MLS
Rare opportunity to own in highly sought-after Venture Out. This beautiful 2 bedroom, 2 bath has a great open floor plan and flows beautifully! The kitchen is large and open to the living room....
$395,000
Subdivision: Cedar Park Ph I
4
Beds
2
Baths
1,972
Sq.Ft.
2015
Year Built
1
Day on Site
721575
MLS
Beautiful all brick home in Cedar Park! This 4BR/2BA is ready for a new family to move right in. POOL is ready for fun as soon as the weather warms up! Home was built by Timmins Construction in 2015...
$235,000
Subdivision: Villas At Suncrest
2
Beds
2F11/2
Baths
1,253
Sq.Ft.
2007
Year Built
1
Day on Site
721577
MLS
Tucked in the gated community of Villas at Suncrest in Panama City Beach, this two-story coastal condo is conveniently located featuring a 1 car garage, open main living areas with new wood LVT...
$260,000
Subdivision: Ivy Road Estates
3
Beds
2
Baths
1,569
Sq.Ft.
1982
Year Built
1
Day on Site
721585
MLS
BEAUTIFULLY MAINTAINED AND UPDATED HOME in a desirable neighborhood within a few miles of Tyndall AFB! This home features a beautiful kitchen with granite counters, tiled backsplash, stainless steel...

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Email[email protected]

Address Virga Realty, Inc.
2524 Pelican Bay Ct
Panama City Beach, FL 32408

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