What to Know Before Buying a Home in Destin, FL

Busy? Have us call you back. Call Me Back

More Information

Understanding the Destin, FL Housing Landscape

Ready to lay down some roots and buy a house in Destin? Smart move! You selected a lively city with an ideal amount of businesses, schools, restaurants and parks, and we're here to help make your home purchase and move a little easier. We serve 3.8 million customers across the country and are familiar with the ins-and-outs of the Destin housing market.

Given all of Florida's growth, Destin homes aren't always easy to find at a comfortable price. Ongoing support for local businesses and cultural growth have helped to attract retirees, new businesses, and young families to the Destin area, but so much change also means more traffic, more competition, and a need for more schools. That said, Destin and the surrounding areas still offer a variety of homes in price and amenities. You can find duplexes, single-family homes, townhomes, condos, and (fingers-crossed) your dream home! When buying a home in Destin, consider the home's location in relation to your everyday activities. If possible, drive the route you'd take from the house to your school, office, and favorite hangout spot. The location of your house will impact virtually every part of your life. Exploring Destin will also help you get a feel for how homes in east Destin differ from west Destin, where to find Destin's most popular attractions, and what the neighborhoods are like.

You're ready to buy a house in Destin, but is your bank account? If you're not sure how to answer that question, contact a Mr. Cooper Mortgage Professional. We believe in keeping the dream of homeownership alive and try our best to make the journey easier and more rewarding. You could choose to buy a home in Florida or elsewhere. We help new and experienced homeowners alike. Walk through the following steps to help you determine if you're financially ready to buy a home in Destin.

First, estimate how much house you can afford. This will help you narrow your search when house hunting in Destin. After that, jot down your potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). You don't need an exact amount for these expenses. Everyone's situation will differ, but a quick online search for average expenses in Destin will usually point you in the right direction. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.

Now, look at how much money you can put toward a down payment. A down payment of at least 20% can help increase your chances of getting a favorable rate and will allow you to avoid private mortgage insurance (PMI). Even so, the minimum down payment requirements depend on the type of loan. At this stage, getting prequalified for a loan can be extremely helpful. Prequalification points you in the right direction as far as how much you may be eligible to borrow. Also, consider your credit profile. Lenders place a high importance on credit history when looking at your mortgage application. The healthier your credit is, the more mortgage options you may have open to you— and who doesn't want more choices in life?

It's Go Time! Buy a House in Destin, FL

While moving is a universal experience, it remains one of the top stressors that a person can experience in life. But when you get to live in a stellar city like Destin, moving doesn't seem so challenging. Contact Mr. Cooper as you prepare to buy a house in Destin. We're here for you from start to finish and Mr. Cooper® Real Estate Rewards can even connect you with a high-performing real estate agent who may be able to help you save thousands.*

Destin, FL Mr. Cooper Customer Reviews

Take it from these Mr. Cooper home buyers and sellers in Destin, FL: We love helping homeowners. Call now to see how we can serve you.

Simplify the home buying or selling process in Destin with Mr. Cooper.

Mr. Cooper works to save buyers and sellers money at every stage of their journey, from real estate commissions to closing costs.