How to Get Florida Condos for Sale for Canadians
With the deadly winter coming around every year, some Canadians are just fed up with the cold. No wonder that more and more Canadians are buying second homes in warmer places in the US, including Florida. The fact that the US economy has been bad for a couple of years, the Canadian Dollar was improving but has since deteriorated. The US is a home away from home for Canadians who still speak English, and it isn’t too far from the motherland.
If you are interested in getting your Florida condo, you first need to do your research. You can also enlist the service of a realtor to make things easier. Remember, you shouldn’t buy a condo just for the unit itself- you also have to consider the entire building, as well as the location. If you want to do your research, there are many online sites that show Florida properties for sale. Before choosing a property, here are some things to consider:
· The location - Each locality in Florida has a different “culture”. So make sure that the area suits you. Figure out if you want to be close to the beach or tourist attractions like theme parks. There are also areas that are popular with resort areas, as well as communities for retirees.
· The entire building - See who manages the condominium. You might also want to check the state of the facilities. How much are the association fees? Is there a swimming pool? How many other tenants are in the building? Are there specific rules in the building, like curfew, parking, etc.
· The condo unit itself – What is the overall condition? What floor is it on? Will you need to do major renovations to make work for your needs, or is it okay as it is?
Besides having a realtor, you also need to enlist the help of a lawyer - someone who is familiar with the laws of both Canada and the US. A financial advisor may also be necessary. The economy of the US is still a bit shaky but it has been getting better and in fact doing much better than many other nations. Despite the stronger US economy, US banks still have trouble lending to Canadians so you need to think about financing options: In cash? Through a mortgage? From which bank? A US or Canadian bank?
The process will be very long but with the help of professionals, it can be easier. Try to enlist the help of professionals with many years of experience if you want your Florida condo transaction to go smoothly.
About the Author:-
This article was written by Mike Smith, the Owner of Qflorida.com. Qflorida.com provides their Canadian customers complete information for buying the property, vacation home in Florida, US. They give free guide to helping Canadians get information on Florida real estate – financing, foreclosures, mortgages, taxes, and other tips.