Buying Florida Real Estate

Florida is one of the hottest locations for purchasing property, whether its for personal use or vacation rental. There are many reasons people choose to buy property in Florida, the most popular being the spectacular weather and scenic landscape. If you’re considering purchasing a home or business in the Sunshine State, there are a few things you should consider first to ensure a smooth and successful transaction.

First, decide what location would best suit your needs. Are you looking for something within close proximity to the beach? With over 1,300 miles of breathtaking coastline and beaches that make up an area 800 miles long, you’ve certainly got your pick. If ocean isn’t your forte, perhaps a property near one of the 30,000 lakes would be better. Central Florida is known for the bustle of tourism that its world famous theme parks attract, while the Northeast part of the state is quieter. Determine what your location preferences are before beginning your property search.

Once you know where you’d like to buy, the next step is looking at available properties. Your best bet is to work with a realtor that knows the area, understands the market and can find you properties that best fit your needs, desires and budget. Not only will this make the process much easier, but it will also speed things up considerably. Choose a Florida realtor that has experience and can back it up. A proven success rate goes a long way toward ensuring that the professional you’ve chosen is the right fit.

When you’ve decided on what realtor to work with, it’s time to sit down and go over your needs and expectations. It’s important that you communicate openly and clearly with your realtor to ensure that he or she fully understands what you’re looking for. The more information you provide, such as location, size, amenities and price range, the more closely the list of properties your realtor presents will match your vision.

With a clear picture of your perfect property in mind, your realtor will then be able to search available homes or businesses that match best. You will be able to go over these choices and decide whether you’d like to arrange a walk-through. In some cases, your realtor may also be the representative of the seller as well. In other instances, the seller will have his or her own realtor. In either event, arrangements will be made to view any properties that you feel are worth reviewing. From there, you can narrow down your choices and determine which property you like the best.

This is the basic process of buying property in Florida. Now, let’s take a look at some frequently asked questions to answer some that may be weighing on your mind.

What is a pre-approved mortgage?
Why is getting pre-approved on your mortgage important?
What is a home warranty?
What are title and escrow?
What does it mean to make an offer on a house?
What happens during negotiations?
What happens at closing?
What is a walk-through?

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