If the home you purchase is located in a flood zone and you have a mortgage, you will be required to purchase flood insurance. Flood insurance could add 25% or more to your insurance premium.
Tips to purchase a home
Work with a Realtor®
Working with a Realtor® will ensure you that you are working with a real estate agent that is held to high standards of ethics and will find you a property that best fits your criteria.
Provide detailed criteria
Provide detailed criteria to your Realtor such as price range, home size, age, type, location, amenities needed.
Get updated listings
Request updated listings direct from MLS and delivered daily.
Set an appointment to view your favorite properties and also new construction properties if fitting.
We are currently in a Buyers market and Sellers are more negotiable.
After much appreciation since the 2011 bottom, prices since 2016 inland properties have been mostly flat, except for waterfront and beachfront properties which are nearing an all time high.
Increased inventory is an added advantage
Year to year inventory of resale properties have increased. Buyers have a wide selection of resale and new construction properties.
Look at resales and new construction
Deal at both ends. Do not overlook new construction as some builders are offering great value now.
I will represent the buyer at no cost to them. I am paid by the seller on a resale transaction and by the developer on a new home community transaction. If you buy a resale property with me, I will help you negotiate the best price, saving you money. If you buy in a new home community, the price is the same whether you are represented by me or not, but I am aware of the potential incentives that may be available that builders don't always tell you about, and I will help you find the best location within the community.
If you do not use a buyers agent to represent you, you have no one else looking out for your best interest in the transaction. Listing agents work for the seller to get the highest price possible on a resale, and a new home community site sale representative works for the best interest of the developers only.
Let me help you understand the market price before making an offer on a resale so you don't over pay. Know your rights as a buyer. Know about real estate taxes, HOA fees, closing cost, home inspections, mortgages, and appreciation potential. Know that there are other available properties in the area that best fit your criteria before you make an offer on a certain property. Ken O'Brian Broker/Owner
SINGLE AGENT NOTICE
FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES OPERATING AS SINGLE AGENTS
DISCLOSE TO BUYERS AND SELLERS THEIR DUTIES.
As a single agent, Southwest Coast Realty, Inc., owe to you the following duties:
1. Dealing honestly and fairly;
5. Full disclosure;
6. Accounting for all funds;
7. Skill, care, and diligence in the transaction;
8. Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee
otherwise in writing; and
9. Disclosing all known facts that materially affect the value of residential real property and are not readily observable.
I love to sell real estate. It's been a passion of mine since 1986. I am so fortunate to be located in one of the best areas in the country, Southwest Florida. I enjoy helping my clients achieve their goals of buying and selling real estate in our wonderful, beautiful area and I would appreciate the opportunity to help you too! Ken O'Brian, Broker/Owner Southwest Coast Realty