Family-Friendly Fun: Why Navarre, FL, is Perfect for Your Next Home

Nestled along the stunning Emerald Coast is Navarre, Florida, offering a perfect blend of natural beauty, small-town beach spirit, and family-friendly attractions. If you’re considering relocating to this picturesque paradise, you’re in for a treat. Here’s why Navarre is the ideal destination for your next family home, with nearby attractions in Fort Walton, Pensacola, and Destin.

Local Area Attractions

  • Pristine Beaches: Sink your feet into the soft, sugar-white sands and soak up the sounds of the crashing waves. Navarre boasts some of the most pristine beaches in Florida (and the world). Families can enjoy endless days of fun in the sun, building sandcastles, swimming, and soaking up breathtaking Gulf views. Nearby, Fort Walton Beach, Pensacola Beach, and Destin offer equally beautiful shores, perfect for family beach outings and water activities.
  • Outdoor Adventures: From kayaking along the tranquil Santa Rosa Sound to hiking through the scenic Navarre Beach Marine Park, outdoor enthusiasts will find no shortage of adventures in Navarre. Families can also explore the natural beauty of places like Fort Walton’s Okaloosa Island and Pensacola’s Gulf Islands National Seashore. In Destin, thrilling activities such as dolphin cruises, parasailing, and snorkeling await adventurous families at every turn.
  • Top-Rated Schools: Navarre is home to excellent schools, making it an ideal location for families with children. Nearby communities like Fort Walton Beach, Pensacola, and Destin also offer quality educational options, ensuring that children receive a well-rounded education in a supportive environment. Not sure which area is the best for your schooling needs? Let us help you navigate the home search!
  • Community Events and Festivals: Throughout the year, Navarre and its neighboring towns host a variety of community events and festivals. From Pensacola’s Blue Angels Air Show to Destin’s HarborWalk Village events, there’s always something exciting happening nearby. These events provide opportunities for families to come together, have fun, and create lasting memories.
  • Family-Friendly Attractions: Navarre offers an assortment of family-friendly attractions, and nearby towns add even more to the mix. Families can visit attractions like Fort Walton’s Gulfarium Marine Adventure Park, Pensacola’s National Naval Aviation Museum, and Destin’s Big Kahuna’s Water & Adventure Park for unforgettable experiences and endless entertainment.

With its pristine beaches, outdoor adventures, top-rated schools, community events, and family-friendly attractions, Navarre, FL, is the perfect place to call home for families seeking a blend of coastal charm and small-town hospitality. And with Fort Walton, Pensacola, and Destin just a short drive away, the possibilities for family fun are endless. Start your journey to homeownership in Navarre today and create lasting memories with your loved ones along the beautiful Emerald Coast.

Current Featured Properties

Three Local Favorite Restaurants

The Gulf Coast offers a culinary adventure through the vibrant flavors of our local dining scene as we uncover three beloved restaurants that capture the essence of our community’s gems. From sizzling seafood to authentic Southwestern plates, and mouthwatering breakfast creations, these culinary gems offer more than just a meal—they provide a taste of tradition and an array of flavors that define our area.

Join us as we journey through these local favorites, where each bite tells a story and every dish is infused with passion and creativity.
acai bowl

Where Y’at Seafood Market

Indulge in Gulf Coast flavors at Where Y’at Seafood Market, conveniently situated at 4233A HWY 87 in Navarre. We’re open Wednesday through Monday, from 11 am to 7 pm, ready to serve both Navarre locals, visitors and esteemed restaurant partners.

Their diverse selection of fresh and frozen seafood, sourced with care to ensure premium quality. Whether you’re planning a savory seafood boil after closing on your brand new house, or craving the comforting embrace of red beans and rice, Where Y’at promises culinary delights to satisfy every palate.

Don’t miss out on the perfect finale to your meal: treat yourself to a slice of our irresistible creamy key lime pie, generously topped with roasted almonds.

Visit Where Ya At Seafood Market

Cactus Flower

Discover the culinary gem that is Cactus Flower Cafe, conveniently situated at 8725 Ortega Park Dr in Navarre, just a stone’s throw away from HWY 98. Their doors are open Monday through Saturday from 11 am to 9 pm, inviting you to enjoy a flavorful journey that keeps loyal locals coming back for more.

Cactus Flower’s family recipes are crafted with the freshest ingredients, so each dish bursts with authentic Southwestern flavors. From hearty burrito bowls to cheesy enchiladas, sizzling quesadillas to crispy chimichangas, Cactus Flower’s menu is a testament to their dedication to culinary excellence.

Join Cactus Flower Cafe and experience the true essence of Southwestern cuisine.
Visit Cactus Flower

Shark Bite

Elevate your morning routine with a mouthwatering breakfast burrito from Shark Bite. Their beloved breakfast destination, located on Hwy 98 in Navarre, invites you to start your day right with an array of options.

Indulge in their signature Ghostrider burrito, a flavor-packed masterpiece featuring eggs, cheese, crispy tater tots, chorizo, fresh chopped jalapenos, and green onions, all topped with a zesty habanero cream sauce. Craving something hearty? Try their Big Combo, boasting three eggs, cheese, crispy tater tots, chopped sausage links, and butchers cut applewood smoked bacon, finished with a drizzle of light syrup.

For those seeking a lighter option, dive into acai bowls or artisanal toasts, each bursting with delicious toppings. And no breakfast is complete without a steaming cup of hot coffee or a refreshing iced brew to kickstart your day.

Join us at Shark Bite and treat yourself to a breakfast experience like no other.
Visit Shark Bite

Featured Property: 455 Sandy Ridge Circle, Experience Luxury Living

455 sandy ridge for rentAre you in search of the perfect blend of comfort, convenience, and luxury beach living? Look no further than this beautiful 4-bedroom pool home nestled just a stone’s throw away from Hurlburt Field. Offering unparalleled amenities and modern elegance, this two-story home promises to elevate your family’s lifestyle to new heights.

Step inside and prepare to be captivated by the spacious 18×18 Great Room, where a welcoming fireplace sets the stage for cozy gatherings, parties and memorable moments with family and friends. With soaring ceilings and sumptuous luxury vinyl plank flooring throughout, every corner exudes a sense of warmth and sophistication.

The heart of the home lies in the meticulously designed eat-in kitchen, where culinary delights come to life amidst granite countertops, an undermount sink, a high arc faucet, and top-of-the-line stainless steel appliances. Picture-perfect sliding glass doors beckon you to the outdoor oasis, where a pristine pool awaits, offering the ultimate retreat for relaxation and entertainment.

The large master bedroom is conveniently located on the first floor, offering privacy and tranquility after a long day. Upstairs, three additional bedrooms and a versatile loft space provide ample room for family members or guests to unwind and recharge.

Additionally, say goodbye to the hassle of yard and pool maintenance; they are included in the rent for your peace of mind. A washer and dryer are included for your convenience, and additional window units ensure comfort even on the warmest days.

Take a step outside into a fenced backyard that offers privacy and seclusion, complete with a charming shed for extra storage. The large 2-car garage is equipped with a refrigerator, built-in workbench, and pegboards, catering to the needs of any renter.

To ensure the utmost satisfaction and peace of mind, credit and background checks are required. Don’t miss the opportunity to turn your dream of luxury living into a reality. Contact us today to schedule a viewing and experience the epitome of modern elegance at this stunning home with 4-bedrooms, swimming pool and plenty of space near Hurlburt Field!

View 455 Sandy Ridge Circle

Homeowner Associations (HOAs): The Good and the Bad


Residing in Navarre, Florida, offers a picturesque lifestyle many aspire to, with the choice of neighborhood playing a pivotal role in fulfilling this dream. One critical consideration is the potential involvement in a Homeowners Association (HOA). The benefits and challenges of living within an HOA-governed community are significant, making it essential to understand what an HOA entails.

Understanding the Role of an HOA in Your Home-ownership

An HOA serves as a governing body for a community, typically managed by a board of directors elected from amongst the residents. Here’s an overview of their primary responsibilities:

  • Rule Enforcement and Setting: HOAs implement Covenants, Conditions, and Restrictions (CC&Rs), governing aspects from parking norms and landscaping to pet regulations and exterior home designs.
  • Maintenance of Common Areas: The association ensures the upkeep of communal facilities such as parks, pools, and clubhouses, including landscaping, waste management and debris removal.
  • Dispute Resolution: Conflicts between neighbors over property boundaries, noise complaints, or other issues can arise in any community. HOAs typically provide mediation services or set guidelines for dispute resolution, offering an organized and impartial platform to address and resolve such issues. This structured approach to conflict resolution can help maintain harmony within the community and prevent minor disagreements from escalating.
  • Fee Collection: The dues required by an HOA help with the cost of the maintenance of shared spaces, amenities, and the operational costs of the HOA itself.

Advantages of HOA Community Living

  • Property Value Preservation: HOAs play a critical role in maintaining and even increasing the value of homes within the community through strict rules for aesthetics and structural standards. This uniformity ensures that individual actions or neglect do not poorly reflect the overall appearance or value of the neighborhood. Homeowners are often willing to pay a premium for properties within well-managed HOA communities, recognizing the long-term benefits of such governance.
  • Well-Maintained Common Areas: HOAs ensure that shared spaces remain in pristine condition, reflecting positively on the neighborhood. This includes well manicured landscapes, clean recreational areas and timely renovations as needed. HOAs provide a more enjoyable neighborhood for homeowners and foster a sense of community pride and togetherness.
  • Access to Amenities: Residents of HOA communities enjoy exclusive amenities such as swimming pools, state-of-the-art fitness centers, and recreational facilities.

These expanded benefits illustrate the multifaceted role HOAs play in enhancing the living experience within a community, offering a mix of aesthetic, recreational, security, and social advantages that contribute to a high quality of life for their residents.

Challenges of HOA Community Living

  • Fees and Restrictions: HOAs charge monthly or annual fees to cover the maintenance of common areas and amenities, and these fees can be substantial depending on the range and quality of amenities offered. Additionally, there may be assessments for major projects or repairs. The financial burden doesn’t stop at fees; the restrictions imposed by HOAs on exterior home modifications can necessitate additional spending to comply with community standards. From the paint color to landscaping choices and even the type of mailbox or exterior decorations allowed, these rules can feel overly restrictive and lead to increased homeowner expenses.
  • Risk of Conflicts: Differences in opinion between homeowners and the HOA board, or amongst neighbors, can lead to disputes with longer timelines to resolution.
  • Reduced Autonomy: The CC&Rs (Covenants, Conditions, and Restrictions) can govern everything from the color of your house to the type of fencing allowed or even the placement of satellite dishes. This can be particularly frustrating for homeowners who value individual expression through their property or who wish to make eco-friendly upgrades that conflict with HOA guidelines, such as installing solar panels or xeriscaping. The process of seeking approval for changes can be cumbersome, discouraging homeowners from making desired modifications.

Understanding these challenges is crucial for prospective and current HOA community members alike. While the benefits of such communities are significant, weighing them against the potential downsides is essential for making informed decisions about where to live.

Making an Informed Decision

The decision to live in an HOA-governed community largely depends on individual preferences. If the benefits of a well-kept neighborhood, access to amenities, and enhanced property values align with your expectations, an HOA community could be a perfect match. Conversely, if you prioritize greater control over your property and fewer restrictions, a non-HOA community may suit you better.

Let Navarre Real Estate Source Guide You

Navarre Real Estate Source is here to help you find your ideal home in Navarre, whether it falls within an HOA community or not. Our expertise in the local real estate market ensures we align your living preferences with the right community. Reach out to us today to take the next step towards achieving your real estate objectives in Navarre.

Navigating the Navarre Market: Why You Need a Local Real Estate Agent

The charming coastal town of Navarre, Florida, beckons with its sugar-white sand beaches and vibrant emerald waters. Whether you’re seeking a permanent haven or a vacation escape, navigating the Navarre real estate landscape can feel like deciphering a hidden code. This is where Navarre Real Estate Source becomes your key to unlocking a successful and stress-free experience.

Who is a Real Estate Agent?

A real estate agent is a licensed professional who acts as your trusted advisor and advocate throughout the buying, selling, or renting of real estate. They possess a deep understanding of local market dynamics, legal intricacies, and effective negotiation strategies, ensuring a smooth and successful journey.

Why Choose a Navarre Real Estate Source Agent?

While venturing into uncharted territory can be tempting, here’s why a local real estate professional is your indispensable ally in the Navarre market:

  • Unmatched Local Expertise: Unlike a one-size-fits-all approach, Navarre Real Estate Source agents brings an intimate understanding of the unique nuances of the Navarre market. They’ll keep you informed about current trends, pricing specific to your desired neighborhood, and comparable properties, allowing you to make informed decisions with confidence. We want you to have the dream home you’ve been waiting for.
  • Expert Negotiators: Negotiating is our superpower; the complexities of a real estate transaction can be a minefield. Our skilled team of agents understands the local market and can fiercely advocate for your best interests, securing the best possible price and terms, whether you’re buying your dream beach home or selling your existing property.
  • Targeted Marketing Power: In today’s digital age, effective marketing is crucial for attracting qualified buyers. Local agents have the tools and resources to showcase your property through professional photography, virtual tours, and targeted marketing strategies tailored specifically to the Navarre market, maximizing its exposure to potential buyers.
  • Streamlining the Legal Maze: Buying or selling a home is a process of legal procedures and paperwork. Our team can guide you through the intricacies of the process, ensuring all documents are completed accurately and efficiently, saving you valuable time and potential headaches.
  • Time and Effort Saved: The real estate process demands significant time and effort for research, property viewings, and constant communication. We alleviate this burden by handling these tasks efficiently, allowing you to focus on other aspects of your life, like packing your beach essentials or exploring the charming local shops.

Your Key to Unlocking a Seamless Navarre Experience

By partnering with a local real estate agent from Navarre Real Estate Source, you gain more than just a transaction facilitator. You gain a trusted advisor, a local market expert, and a dedicated advocate who will ensure a smooth and successful experience in the captivating Navarre real estate market. So, unpack your dreams and let a local real estate agent help you turn them into reality.

Understanding Your Homeowners Association (HOA)


In the world of real estate, the term “HOA” often surfaces, carrying implications for homeowners and potential buyers alike. Homeowners Associations play a crucial role in shaping the character and dynamics of a neighborhood or community. Let’s dive into what an HOA entails and why trusting Navarre Real Estate Source can be a game-changer in navigating the path to homeownership.

Unveiling the HOA

What is an HOA?

A Homeowners Association is a private entity formed within a residential community to oversee and manage shared spaces and amenities. These associations are comprised of homeowners who, upon purchasing property within the community, become members of the HOA. Membership entails the responsibility of following to the association’s rules and contributing to the common fund through annual or monthly fees.

Maintaining Aesthetic Harmony and Community Standards

One of the primary functions of an HOA is to uphold and enforce community rules and architectural guidelines. These rules often pertain to the appearance of homes, yard maintenance, and other factors that contribute to the overall aesthetic harmony of the community. This commitment ensures that the community retains a cohesive and appealing atmosphere, thereby safeguarding property values.

Examples include: placement of trashcans, RV/Camper storage, fencing or even the color of your home.

Preserving Property Values and Enhancing Amenities

HOAs actively work to preserve property values by maintaining common areas such as parks, pools, and landscaping. The association’s involvement extends to organizing community events, addressing homeowner disputes, and managing the financial aspects of the community. This proactive approach contributes to an enriched living experience and fosters a sense of community among residents.

Navarre Real Estate Source: A Guiding Light

Navigating the HOA Landscape

Understanding the intricacies of an HOA is crucial for prospective homebuyers. Here’s where the expertise of a trusted real estate agent with Navarre Real Estate Source comes into play. Our agents serve as a knowledgeable guide, helping you navigate the landscape of HOAs by providing insights into the specific rules and regulations of a community.

Thorough Review of CC&R Documents

Navarre Real Estate Source will assist you in thoroughly reviewing the Covenants, Conditions, and Restrictions (CC&R) documents associated with the HOA prior to the purchase of your home. These documents outline the rules, standards, and obligations imposed on homeowners. A comprehensive understanding of these regulations ensures that you make an informed decision aligned with your lifestyle and preferences.

Negotiating the Best Terms

With a trusted agent by your side, you gain an advocate who can negotiate favorable terms within the confines of the HOA rules. This includes understanding fee structures, potential restrictions, and ensuring that the community aligns with your vision of a perfect home.

With our invaluable local knowledge, we can provide insights into the reputation and functioning of various HOAs in the area, helping you make an informed choice about where to establish your home.

A Collaborative Journey

In conclusion, understanding the role of an HOA is pivotal in making informed decisions about homeownership. Trusting our team elevates this process into a collaborative journey. With our expertise, you can confidently navigate the complexities of HOAs, ensuring that your chosen neighborhood aligns seamlessly with your lifestyle. Embrace the guidance of Navarre Real Estate Source, and embark on the path to a harmonious and fulfilling homeownership experience.

Selling Your Home During the Holidays

‘Tis the season, time to celebrate with family and friend gatherings, parties, great food. However, amidst the celebrations, selling your home might also be a priority this holiday season. Navigating the real estate market during these festive times can be challenging, but with the expertise of Navarre Real Estate Source, it is not only manageable but also possible! Here are some great tips to guide you through the holiday home-selling market:
christmas tree decoration
Tasteful Festive Decor: While it’s tempting to go all out with holiday decorations, less is more when your home is on the market. Opt for tasteful and neutral decorations that enhance, rather than overwhelm, your space. A single tree with a few wrapped items can create a festive but homey feel during the holdiays.

Keep your home warm and well-lit, especially as the sun sets earlier in the day. Soft, ambient music and the gentle glow of a fireplace add to the inviting atmosphere. Store blankets and pillows neatly arranged, perhaps with a rustic ladder or basket, inviting prospective buyers to envision their own cozy holiday moments.

When choosing your seasonal candles, such as cinnamon or pine, one scent is plenty; you don’t want to go overboard and overwhelm potential buyers.

Flexible Showing Appointments: Understand that the holiday season can be a busy time for potential buyers, between family gatherings and other commitments. Offer flexible showing times to accommodate their schedules. Last-minute showings are a possibility, so always be prepared for the possibility of last-minute appointments and showcase your home in its best light, both inside and out. (However, requesting a 24-hour notice is also common.)

Showcase Winter-Ready Features: Leverage Navarre Real Estate Source’s expertise to highlight winter-ready features. Whether it’s an energy-efficient heating system, a cozy fireplace, or excellent insulation, emphasize elements that make your home especially appealing during the winter months.

Expert Guidance: With Navarre Real Estate Source, your local real estate expert, who comprehends the nuances of the holiday real estate market in your area. Benefit from insights into current market trends, assistance in setting a competitive price, and a tailored approach to selling your home in the unique conditions of the season.

As the holiday season can bring a slowdown to some real estate markets, it also attracts serious buyers with specific motivations. By strategically approaching the sale with the guidance of Navarre Real Estate Source, you not only navigate the challenges but also increase the likelihood of a successful sale during this festive time.

Get started today and contact us.

Recent Reviews for Navarre Real Estate Source

As agents at Navarre Real Estate Source, we take great pride in delivering exceptional customer service and meaningful interactions. Recognizing that buying or selling a property can often be a demanding endeavor, our aim is to streamline the process for you. Below, we’ve gathered a selection of testimonials from our recent satisfied clients.

[Tara] She is beyond amazing as a real state agent and helped my husband and I find our dream home here in Florida while we were stationed in the UK. She was thorough for every single house we wanted to view and worked long hours for weeks because we were on a time crunch. We scheduled my flight for the day of closing and she even picked me up from the airport. Being military, we might have to move again but even then, we will 1000% be using Navarre Real Estate Source (specifically Tara) to manage our property while we’re gone. 10/10 couldn’t recommend enough. – I.M.D

If you are looking into real estate agents in the Navarre area, then you probably are already familiar with “Florida’s best kept secret.”

If you are wanting to relocate and be part of that secret then it’s time you learned the Second best kept secret – Shannon Mills at Navarre Real Estate Source and her partnership (Dream team!) with Stacy Dempsey at New American Funding.

Shannon was there from the very first call all the way to the handing off the keys. Each step of the way Shannon ensured an exceptional experience while relentlessly pursuing value for her clients. We were truly fortunate to be one of them. Her tenacity, expertise, and attention to detail allowed us to land in the place and home of our dreams. She really took the stress out of the situation for our family and would certify that she can do the same for yours.

If you are considering a move, on the fence, or even remotely curious – I highly recommend starting here. You are likely to have go no further or anywhere else to have a smooth and pleasant home-buying experience. Many thanks to you Shannon! – Joe I.

Navarre Real Estate Source provided a great deal of detail in their recommendations for me pertaining to renovations of my property before starting the process of selling my home. Very thankful I chose this company to represent me during my sale and will be using them for future transactions. They went above and beyond by staging the property with furniture for the pictures prior to listing, which assisted greatly in expediting the sale. They provided a lot of stress relief during this process, because of their consistent and prompt communication. Shannon and Tara are excellent at their craft and exceeded my expectations! – Israel T.

How to Increase the Value of Your Home

Are you considering selling your home? Here are 5 valuable tips to enhance your home’s value and ensure a successful sale with your Navarre Real Estate Source agent:

Elevate Curb Appeal: First impressions have a heavy influence over potential buyers. Elevate your home’s exterior by maintaining the lawn (don’t forget to pull weeds and edging walkways), and consider planting vibrant flowers that harmonize with your home’s color scheme.

Curb appeal is more than just the lawn, a fresh coat of paint on the front door can create an inviting focal point. Don’t overlook essential repairs such as fixing cracked sidewalks or mending broken fences. An aesthetically pleasing exterior sets a positive tone for potential buyers and presents a well maintained and cared for home.
updated homes kitchen
Kitchen and Bathroom Upgrades: Kitchens and bathrooms often steal the spotlight for homebuyers. A modernized kitchen and bathroom can significantly augment your home’s value. Consider updating outdated light fixtures, cabinets, and countertops.

Repainting cabinets and kitchen walls can be a cost-effective alternative to breathe new life into your kitchen. Seek inspiration from Sherwin Williams’ 2023 color collections for a beautiful on-trend look.

Declutter and Depersonalize: Buyers seek to envision themselves in their potential new home. Make it easier for them by removing personal items and excess clutter. Create an illusion of spaciousness by clearing out additional furniture, personal photos, and knick-knacks. This allows your home’s natural charm and potential to shine.

Energy Efficiency: Invest in energy-efficient upgrades that boost your home’s appeal and lower monthly utility costs. Consider adding insulation and sealing gaps and cracks with new weather stripping around doors or caulking around windows.

Outdated air conditioning and kitchen appliances can be upgraded to not only enhance your home’s appeal but also reduce utility expenses. However, consult your Navarre Real Estate Source agent to ensure these improvements align with market trends and offer a return on your investment.

Professional Home Inspection: Consider scheduling a pre-listing home inspection with one of our trusted and recommended home inspectors. This is a proactive step that identifies potential issues that could surface during a buyer’s inspection, allowing the opportunity to address them upfront. Additionally, it adds confidence in potential buyers by demonstrating your commitment to maintaining the home’s condition.

Our local expertise extends to understanding which improvements hold the most value for your specific property and the prevailing market conditions in Navarre, Gulf Breeze, Pensacola, and surrounding areas.

Remember, the objective is to present your home in its most appealing light to maximize its value. By focusing on these key areas, you can attract potential buyers and potentially command a higher selling price. Ready to get started? Contact us today to initiate a conversation about selling your home with Navarre Real Estate Source.

Tips to Buying a Home


Purchasing a new home in the picturesque Navarre, Florida, is a thrilling step, yet it demands a well planned approach. Here are 10 great tips to help you along your path, along with insights into various loan types that can transform your homeownership dreams into reality.

  • Assess Your Budget: Begin by taking an honest look at your financial situation. Calculate your monthly income, expenses, and existing debts to determine a comfortable price range for your new home. This first and foundational step sets the stage for the entire process.
  • Research Loan Types: Familiarize yourself with the array of loan types available. For example, Fixed-Rate Mortgages offer consistent monthly payments, while Adjustable-Rate Mortgages come with fluctuating interest rates.

    Federal Housing Administration (FHA) Loans require low down payments, making them suitable for first-time buyers. While veterans can explore VA Loans for exclusive benefits, including no down payment and lower interest rates.

  • Get Pre-approved: Seek a mortgage pre-approval early in the process. This not only grants you a clear understanding of the loan amount you qualify for but also helps your negotiating power with sellers. Pre-approval expedites the buying journey and showcases your seriousness to potential sellers.
  • Credit Check: Delve into your credit score’s details. A healthy credit score is one of the most important things for favorable loan terms. Address any errors on your credit report and take steps to improve your score if needed, ensuring you qualify for better interest rates and loan options.

    During your home buying process, it is important to not make any large purchases or open any additional lines of credit, doing so can result in being denied a home loan.

  • Down Payment: Evaluate your down payment options. Although the traditional 20% down payment is customary, several loan programs allow for a lower percentage. FHA Loans, for instance, necessitate as little as 3.5% down. Explore down payment assistance programs in Navarre that might provide financial aid.
  • Loan Terms: Decide on the loan term that aligns with your financial strategy and goals. A shorter loan term, such as 15 years, generally comes with higher monthly payments but lower interest rates. Longer terms, like 30 years, offer lower monthly payments but accumulate more interest over time.

    Did you know making an additional loan payment per a year can shorten your term by 4-5 years?

  • Compare Lenders: Devote time to researching multiple lenders. Obtain loan quotes from various sources, meticulously comparing factors such as interest rates, closing costs, and customer feedback. This diligent research can save you substantial money over the life of your loan.
  • Interest Rates: Stay informed about fluctuating interest rates. Even a slight change in interest rates can significantly impact your monthly payments and the overall affordability of your new home. By working closely and planning with your lender, you can keep an eye on market trends and lock in a rate if they are favorable.
  • Understand Closing Costs: Beyond the home’s price tag, remember that closing costs are a substantial component of your home purchase. These can encompass appraisal fees, title insurance, origination fees, and more, typically ranging from 2% to 5% of the home’s value. Be financially prepared for these additional expenses.
  • Work with Navarre Real Estate Source: Our seasoned real estate agents can offer invaluable guidance, assisting you in finding the perfect property and going toe-to-toe in negotiations. A knowledgeable loan officer will guide you through the mortgage application process and help secure the best loan for your circumstances.

    Do you need a recommendation for home inspections, lenders, construction or even lawncare? Our team of real estate agents have great recommendations for you.

Embarking on the home buying journey can be stressful. However, with Navarre Real Estate Source, you can rest assured you will be treated like family. Using a trusted and experienced real estate agent, understanding different loan types and comprehending the nuances of the home buying adventure, you will be set up for success for owning your dream home.