Florida Home Buying Basics

Florida Home Buying Basics | Buying Basics
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Added on January 18, 2018

Florida seems to have this magnetic quality that draws people from everywhere including overseas buyers. The combination of beautiful beaches and world class tourist attractions gives people a reason to stay back once they get there. Florida is quickly becoming the number one destination for people from other countries who want to live in America. The influx of different types of people is a huge part of what is so attractive about living in this state. Florida is comprised of almost 60,000 square miles of diversity. It has the feel of being several completely different sections all housed within one border.

Driving for only a couple of hours gives way to communities that contrast so sharply that it's almost like a whole other state. Living in Florida gives people so many different social and economic options that it can be difficult to know where to start looking. If you're considering taking the leap and buying a home in Florida, research is vital to finding the best location for your dream accommodation.

Many people believe that Florida is a state of extremes. They imagine either high rises and amusement parks, or beach bums and shacks along the water—with retirement communities filling in the gaps. What they fail to realize is that every where along the states '1300' feet of coast-line and beyond, there are communities and cities offering so much more. Central Florida is a good place to check out real estate if you want to be close to the action. The cities offer world class shopping and dining, and there's always something to do. If you have more of a growing professional inclination and appreciate small town southern hospitality, areas around Jacksonville may be more appealing.

Then, there are small towns and coastal communities that have the ability to mimic country living with a tropical flare. Winter Park is a place with all the charm of a close-knit community with the privacy of a gated one. Winter Park listings include luxury homes at an incredible value. They include all types of amenities, including views of the everglades, water features, and interiors in all shapes and sizes.

Many of these homes are within walking distance of small artisanal shops and community event centers. Combine this with a thriving interest in the arts and higher education and you have a little slice of the American ideal.

Once you've chosen your destination, it's important to make sure that you go with a realtor who's familiar with the area. Realtors are able to take you through the entire process—from initial interest to the closing. Financial preparation is integral to making sure that the sale doesn't run into any hiccups. This needs to start long before you even inquire about a home.

Stabilize your finances, and make sure that you don't make any major purchases about six months before seeking a home loan. This shows the bank that you're dependable, and able to afford payments. Getting preapproved for a home loan can show you how much you're able to afford, and it can let the realtor know that you're serious and already cleared to buy the property.

Even if you're absolutely sure about the first house that you look at, look at five more so you shop for your needs before you shop for your wants. You may find a beautiful home right on a lake with the perfect décor—but all of this won't matter if it's three rooms short of what you need. Structure and possibility can end up mattering more than an aesthetically pleasing home. As long as you have the space that you need, the rest can be reinvented.