Thinking of making a move to the sunshine state?
A buyer’s guide…
1) Determine your budget and financing options:
Before you start looking at properties, it's important to determine how much you can afford to spend. Take a close look at your finances and consider getting pre-approved for a mortgage to help narrow down your search.
2) Choose a location:
Florida is a large state with many different regions and cities, so it's important to decide where you want to buy. Consider factors such as proximity to the beach, attractions, and job opportunities.
3) Start your search:
Once you've narrowed down your location, it is time to start working with one of our agents! They will educate you on the local market and help you start your search for properties that meet your budget and needs.
4) Shop around:
Attend showings and open houses with your agent. If you are not able to be in Florida, this can also been done virtually. One of our local agents will assist you with choosing properties that match your criteria. Take note of any features or issues that stand out, and don't be afraid to ask questions. At this point, make sure you have a pre-approval letter or proof of funds letter ready to go for when you make an offer.
5) Make an offer:
Once you've found a property you're interested in, it's time to make an offer. There are a lot more factors to this than just the price. Your agent will help you navigate this process and negotiate on your behalf.
6) Conduct Due Diligence:
As soon as an offer is accepted it is important to conduct due diligence immediately. This may include a home inspection, title search, and review of any association rules or regulations. If there is a homeowner’s or condo association, be sure to follow the steps of the application process and meet all deadlines. If you are financing be sure to not make any big purchases or apply for more credit.
7) Prepare for closing:
Shop for homeowner’s insurance and get a policy set up to be effective the day of closing. Decide where you will be on the day of closing, and if you will not be local be sure to notify the title company you will need a mobile notary or e-sign session. Your agent will provide you with all of the electric and utility information. Make sure you set up utilities to start on the day of closing.
8) Walk Through & Closing Prep:
The day before or the day of closing is the most common time to do the final walk through of the property to make sure it is in the condition it is supposed to be in. Schedule this with your agent. Your agent and title company will give you the final instructions for closing a few days before the date.
Get connected with a local agent to begin your home search journey.
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