Three top tips for getting prepared to buy in Florida...
Over the last few months we have continued to see many people invest in property in Florida. Despite the pandemic and the uncertainty in the global market, the Florida real estate market has remained steady, if not, improved and seen growth. Indeed we have seen unprecedented short selling times for selling our listings - some selling in just days! We have even been fortunate enough to be able to assist overseas buyers buy unseen where they have worked with us previously and come to understand that they can trust Howard and his sage advice. But what if you are not ready? What can you do in the meantime to put yourself in the best possible position?
1. Get pre-qualified! We offer a free of charge pre-qualification exercise where our mortgage loan originator can look at your financial position with us and then advise your best approach, whether you are ready to move ahead with a purchase when the time comes, if you need to wait or work on some debt, if you can get a mortgage in Florida and if so, what terms, monthly repayments and what budget you are realistically looking at?
2. Do you research! We can add you to our portal which will then send you example properties of Florida when they hit the market. What better than to be able to see what you can get for your money whilst you are waiting? This is also a free service that we provide and it helps to keep your finger on the pulse of the market.
3. Open a US bank account! Typically you have to be Stateside to open a US bank account but Homes of America Realty with our trusted contacts have secured a way in which you can open your US bank account even whilst overseas. Ask us for more details. This can help speed up your purchase as a US bank account is often needed to be able to complete or close on your new Florida property.
For any further details on any of the above, please reach out to Zoe on email@example.com and she would be pleased to help.