Real Estate Blog

#6 Aspects to Consider When Purchasing Investment Property in the Florida Keys

  1. Location!  It’s no secret to YOU how magnificent the Florida Keys are.  And lucky for an investment property owner here, it isn’t a secret for the rest of the world either!  The Florida Keys, as a whole, are a Top Tourist Destination resulting in vacation and short term rental price increases.  Additionally, monthly and longer term rentals are also increasing in year round demand (not just the typical “high season” months of Jan-May).  Limited properties in general, drive up appreciation of rentals and overall home values year after year.
  2. Financing! If using financing to purchase, keep in mind you will have to bring more money to the table of an investment property
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Pre-Approvals:  7 Things You Need to Know Before You Buy

Have you talked to a lender and obtained your Pre-Approval Letter?

  1. It’s important to talk with Lenders or Mortgage Loan Originators and find the one that best suits your needs. This is the FIRST STEP you should take before looking at properties to purchase.   

  2. When speaking with lenders, have basic financial information at the ready (think bank and other financial statements, tax returns, paystubs, security IDs etc). 

  3. Pre-Qualification vs Pre-Approval:  Just about anyone can get a general Pre-Qualification Letter.  If you really want to buy a property, push for a Pre-Approval.  This carries more weight for you as a Buyer, and is only given to those who show proof of

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As a Seller, aren't you looking for Top Dollar

To do so, it's imperative to set your home apart.

 It's 2020---->Time to Get SMART!

10 Things you NEED TO KNOW now about Smart Homes:

1.  A smart home uses internet-connected devices for remote monitoring and management of appliances and systems.

2. You can't just install a Smart thermostat and call it a day.  The following requirements outline how a property can fall in the "Smart Home" category:

      • A Smart Security Device (like a smart lock or camera), a Smart Temperature Feature (like a smart thermostat), AND of course an area capable of securing Wireless Internet Connection.

      • Additionally,  two more Smart features are mandatory. However, these can range from lighting

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What You Need to Know

 

On Wednesday, June 17th, The Monroe County Board of County Commissioners voted to make Facial Coverings mandatory throughout Monroe County, effective immediately.  Please refer to the link below for the full article. For now, here is what you need to know:

 

  1. Facial Coverings are MANDATORY for all business employees and customers, when the business is in practice under a roof.  This includes public settings under a roof.  

  2. All people over 6 years of age should carry Facial Coverings, and they should be worn when within 6 feet of another person.

  3. Facial Coverings can be removed when seated to eat or drink, ensuring that there is 6 feet distance between the next person.  The same holds true for

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Hi All,

Buyers always have questions about the mortgage process when purchasing a home. I recommend you speak to a mortgage professional prior to going to look at properties. They will look at your finances and make sure you are financially ready to purchase a home, before you start looking at homes out of your price range. They will look at several things to get you qualified; your income, your debts, cash on hand, along with other things. Once you have your pre-qualification letter with how much home you can afford, you are ready to start looking! No matter if this is your first home or maybe you are more seasoned in home buying, its very exciting when its time to start looking! Below are a list of some local mortgage professionals, there are also a

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The Florida Keys and South Florida real estate markets are moving.  If you are planning on buying or selling give us a call so we can guide you through this process starting with a one on one consultation so you can make the best decisions.  We believe in service and guidance for our customers! 

PUT A STAR ON YOUR PROPERTY TO GET IT SOLD! 

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