Your Lakewood Ranch Home Search Portal

Call the Sarasota Suncoast Team at 941.894.4063 or visit our website at http://www.SarasotaSuncoastHomes.com

You are looking for newer, well developed community that offers everything from resale to new construction? Then you have to consider Lakewood Ranch! This fantastic community offers gated golf communities such as the Lakewood Ranch Country Club and Country Club East. You are not interested in the country club lifestyle? Don't worry you will find anything from downtown condo living to resale and new construction homes. Search the MLS here to find your dream home!

The newest Lakewood Ranch subdivision is Central Park. Two of the largest builders in Central Park are Neal Communities and Bruce Williams Homes. Call your buying specialist at the Sarasota Suncoast Team Keller Williams at 941.894.4063 to find out more about this new great community or any other home in Lakewood Ranch. If you are out-of-town, we are happy to video tour homes for you so that you get a better understanding of the layout of a home. Don't delay: Call your Lakewood Ranch specialist today or visit our website at http://www.SarasotaSuncoastHomes.com

Why Register To Search For Homes?

Call the Sarasota Suncoast Team at 941.894.4063 or visit our website at http://www.SarasotaSuncoastHomes.com

Why Register To Search For Homes? You can keep your finger on the pulse and know at all times what the market is doing here in Sarasota! Registering will give you access to hundreds of homes. You can customize your search criteria and save listings that you like.  You will also receive regular market insider information. This is your expert guide to local communities and neighborhoods. This information is very valuable for Buyers and Sellers alike!

Let a team member at the Sarasota Suncoast Team prepare a complimentary market analysis. Call us at 941.894.4063 or visit our website at http://www.SarasotaSuncoastHomes.com to Register Now!

Find Out Here How Much Home Your Money Can Buy

Call the Sarasota Suncoast Team at 941.894.4063 or visit our website at http://www.SarasotaSuncoastHomes.com

Deciding how much house you can afford

Your lender decides what you can borrow but you decide what you can afford.

Lenders are careful, but they make qualification decisions based on averages and formulas. They won’t understand the nuances of your lifestyle and spending patterns quite as well as you do. So, leave a little room for the unexpected – for all the new opportunities your home will give you to spend money, from furnishings, to landscaping, to repairs.

Historically, banks use a ratio called 28/36 to decide how much borrowers could borrow. An approved housing payment couldn’t be more than 28 percent of the buyer’s gross monthly income, and his or her total debt load, including car payments, student loans, and credit card payments, couldn’t be more than 36 percent. (In Canada lenders apply similar formulas to determine how much a buyer can afford. The Gross Debt Service ratio, or GDS, is not to exceed 32 percent of the buyer’s gross monthly income, and the Total Debt Service ratio, or TDS, is not to exceed 40 percent of the buyer’s total debt load.) As home prices have risen, some lenders have responded by stretching these ratios to as high as 50 percent. No matter how expensive your market though, we urge you to think carefully before stretching your budget quite so much.

Deciding how much you can afford should involve some careful attention to how your financial profile will change in the upcoming years. In the long run, your own peace of mind and security will matter most. You may also consider buying less home and finance it over 15 years instead of the common 30 year mortgage. Can you imagine owning your home in 15 years?

Call the Sarasota Suncoast Team at 941.894.4063 or visit us at http://www.SarasotaSuncoastHomes.com to find out what your money can buy in Sarasota!