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Buying Florida Property
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You're obviously thinking of buying Florida property and you want to make your dream come true while avoiding costly mistakes. Our aim is to give you some of the basic facts of buying (and owning, selling and renting!) Florida real estate to help you find your perfect place in the sunshine state.
Please click on the buttons above on the right to see more details about how we can help you to find the right property and what happens when you've done that.
But first of all, let's think about some "differences" - because as you notice when you first arrive in Florida from the UK, lots of things are different in the USA. For example, the "English" language is not quite the same one we're used to, cars drive on the "wrong" side of the road and, above all else, the sun is shining and it is HOT!
Therefore, it's not surprising that buying a home in Florida is
different than in the UK - but, in a lot of ways, it can be more enjoyable. Let's
face it - it is far nicer looking at houses in the sunshine than when
it's cold and pouring down with rain!
So
where do you start? In our experience, the most successful UK buyers
are those who make sure they learn about the main differences at the
beginning, some of the key ones being:
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Not all properties may be suitable for your plans.
For example, if you want a
holiday home that you can use once or twice a year and rent out for the
rest of the time, you need to buy in a "short-term" rental area. A lot
of places don't allow short-term rentals and you need to know where
these are. |
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You don't have to go it alone - free & independent advice is available.
Buyers often use a Realtor to act for them as "Buyer’s Agent".
Realtors are State licensed and regulated and can advise on all aspects
of the purchase (e.g. the contract and the price). This advice is free
for the Buyer: for a new home, the Builder pays the Agent’s fee;
in a re-sale, it's paid out of the Seller's expenses. |
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Finding properties to view and buy is easier.
In each major city and region (e.g. Central Florida), Realtors (Estate
Agents) enter the properties they have for sale onto a common computer
system (the Multiple Listing System or "MLS"). This means that there is
no need to contact lots of different Realtors – your Buyer's
Agent can show you around other Realtors' houses. There is no need to
spend time chasing lots of Realtors and this gives you the freedom to
build a relationship with one person you can trust. |
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You sign a legally binding contract when you agree the selling price.
The English process of waiting weeks and months for an “Exchange
of Contracts” does not happen. A deposit is required from the
buyer when the contract is signed.
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are just a few brief points about buying Florida property and you will
find more information on other pages on the website by following the
links on this page. Click here: Buying Florida Property to find just a few of the questions you might need answers to. |
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