Considerations when BUYING a new property in SW Florida... Sarasota Florida, Venice Florida, SW Florida and surrounding areas... look for an experienced real estate agent to help make the process seamless.
Dreaming about a beachfront home, palm trees, walks on the beach, golfing at your private golf course community, private pool/spa, waterfront, gated community, deed restricted, and/or a screened-in lanai? Paradise awaits!
Here are a few things to consider...
Location, Location, Location
Flood zones (impacts mortgages and insurance costs)
Wind mitigation (Florida does have hurricanes)
Assessments (existing or discussed by said Board)
Master Associations (can be different from neighborhood HOA)
Golf Course or other fees/required costs
CDD/Development costs assigned to property taxes (superior lien)
Deed restricted properties (specific restrictions)
Pool or no pool, community pool or no amenities?
These are just a few of the considerations ... home specific or property specific considerations also play a role in your decision making process -
New Construction or Existing Property? Lease or Purchase? Cash or Mortgage? Mortgage interest rates or purchasing power?
Pets? Emotional support animals? Age restricted communities?
Interior features like the number of bedrooms or bathrooms or kitchen layout, open floorpan, vaulted ceilings, on-suite, walk-in closets, chef's kitchen, and/or other amenities... new construction or existing properties?
Renovations or completely turn-key?
Location and/or Community desired?
Vacation rentals? Lease month-to-month or weekly?
Schools or age restricted community?
Boating, Fishing, or Island Life?
Or something small and simple to get away from the cold winter months.
FLORIDA HAS SOMETHING FOR EVERYONE! Prepare a list of your most important features with ideal locations and price points that meet YOUR specifications. Help us help you. New properties and inventory hit the MLS daily ... understanding your needs can help find the property of your dreams.
Properties are moving quickly so having a plan is important. Will you finance - mortgage - pre-qualify?
Many homes are going for full cash offers - an approval letter from your bank or mortgage company can speed up the process and help with offers on qualified homes.
Will you pay cash - this may also help put you on top of the list for potential sellers.
Knowing the amenities and location you desire is critical. It's important to be prepared in a fast market where homes/properties have multiple offers immediately after listing sometimes with escalator clauses should offers exceed listing price.
Success favors a prepared buyer. Success favors a prepared buyer - knowing what you want and the ability to act quickly - cash or mortgage ready to make the offer attractive to sellers also looking to optimize their sale.
We can help make this a smooth and seamless process. Find your dream home!