Monday, September 30, 2013

Snow Birds and International Buyers


Are you and International home buyer, considering an investment in 
South Florida Real Estate?


Below is a brief list of elements to consider:

1. Consider the Cost of Hurricane Shutters When Buying a Home in Florida
Hurricane Shutters are not a small investment. Most small homes are looking at a spending a minimum of $3,500 to protect their homes. If you are interested in buying a larger home and they have installed quality hurricane protection you should keep in mind how much money the sellers invested when negotiating a price.

2. Sprinkler Systems
I am sure you are aware that it can get very hot in Florida. Homes need built in sprinkler systems to maintain the beauty of the landscaping. However, there are many homes that do not have sprinkler systems and there are those that do not have functioning sprinkler systems. The cost of adding or repairing a sprinkler system is considerable.

3. Maintenance Fees

Maintenance fees can be quite high depending on where you buy. You will also have taxes and homeowners insurance costs to consider and sometimes the maintenance fees will put home buyers over their yearly budget.

5. Neighborhoods
A knowledgeable South Florida Realtor will know which neighborhoods are best suited to your needs.

6. Homeowners Insurance Deductions
Talk to your Realtor about which aspects of a home will give you a deduction on your homeowners insurance because they could save you a lot of money in the long run.

7. Owning a Home with a Pool and/or Jacuzzi
The Florida Department of Health reports, "Deaths from drowning for children less than age five in Florida are more than double the national average and are higher than any other state in the nation. More than two-thirds of these deaths occurred in swimming pools."Most people dream of having a home in Florida with a pool and it is a great dream, but everyone needs to consider pool safety. Again, ask your Realtor what you should be looking for and/or avoiding.

There are many more tips and laws that are important to International buyers. It is important for International home buyers to choose a Realtor that they can effectively communicate with who knows the Florida real estate market well and can help you choose the perfect home that meets the needs of your lifestyle.

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