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Questions to Consider Before You Buy a Luxury Home in Florida

by Vivienne Sinkow 01/18/2019

Want to purchase a luxury home in Florida? Before you kick off your luxury home search, there are several questions that every buyer needs to consider, such as:

1. Where do you want to live?

Think about where you'd like to live – you'll be glad you did. By doing so, you can narrow your search to Florida luxury residences that will match or exceed your expectations.

For example, if you'd like to own a luxury home near Disney World, you may want to focus exclusively on luxury houses in or near Orlando. Conversely, if you prefer the fun and excitement of South Beach, you may want to evaluate luxury residences in the Miami area.

Don't forget to consider the features that you'd like to find in a luxury residence too. Regardless of whether you want a Sunshine State luxury home that offers a massive indoor swimming pool or a residence that boasts a deluxe wine cellar, you can tailor your home search to achieve your homebuying goals.

2. What can you afford?

The prices of luxury houses vary across the Sunshine State. Thus, a luxury home in Coral Gables may prove to be more expensive than a luxury residence in Palm Bay.

Consider how much you want to spend on a luxury house before you launch your property search. That way, you can establish a budget for your Florida luxury home search.

Also, you may want to meet with several banks or credit unions to learn about jumbo mortgage options. Many Florida banks and credit unions are happy to teach you about jumbo mortgages, how they work and their benefits. If you learn about jumbo mortgages today, you can get the financing that you need to secure your ideal Florida luxury home.

3. How soon would you like to move into a luxury home?

Are you planning to relocate from a cold-weather city to Fort Lauderdale? Or, are you looking to upgrade from a Tampa condo to a Tampa luxury home? Evaluate your moving needs and timeline, and you can map out a successful Florida luxury home search.

When it comes to securing a top-notch Florida luxury residence, timing is everything. However, if you keep track of the luxury housing market in Florida cities and towns where you'd like to live, you'll be ready to pounce on your dream house as soon as it becomes available.

For those who want to streamline the search for the perfect Florida luxury home, it helps to work with a real estate agent. In fact, with a real estate agent at your side, you can quickly and effortlessly navigate the luxury homebuying journey.

A real estate agent can keep you up to date about new luxury houses in various Florida areas, help you negotiate with a seller's agent and much more. Perhaps best of all, this housing market professional will learn about your homebuying goals and ensure you can accomplish them without delay.

Become an informed luxury homebuyer – consider the aforementioned questions, and you can accelerate your journey from Florida luxury homebuyer to Florida luxury homeowner.

About the Author

Author
Vivienne Sinkow
Vivienne is a 28yr Naples resident having lived and opened retail businesses in Monte Carlo, Atlantic City, and Naples. She has been a realtor since 2001 and has garnered many referrals from her clients. A passionate realtor concerned only with finding you the very best home for your needs and budget she will be with you every step of the way. She is extremely knowledgeable about SW Florida watching it grow from 1989 and familiarising herself with each community from inception. Her longevity in the business has introduced her to many other related professionals who will advise you on loans, insurance and contractors. Vivienne has also assisted many buyers with renovations and has experience in new construction having spent 1 yr on site selling luxury high rise condominiums. You need a realtor who listens, understands your lifestyle and can pinpoint communities of interest to you at lightening speed without wasting your valuable time. Her past clients know when she lists your property she will endeavour to sell at the best value taking into consideration your home's upgrades and comparing it to the general market value not just the last sold price in your community. Its why she has so many repeat and referred clients, trust and integrity count.