The land of sunshine
Florida is also known as the “Sunshine State” and for good reason. The eternal sunshine, expansive beaches and pleasant climate all make this a great tourist spot. In recent times this state has opened its doors to real estate investing. As an investor you can save significant money by opting for a Florida new home rebate. So if you’re the type that loves soaking up the sunrays, while also adding to your bank balance – Florida is the place for you!
A plethora of homes
Florida offers a wide variety of homes for sale ranging from condos, townhomes, villas and even carriage and coach homes! These homes offer good value for the money in terms of resale value because of the low initial investment. However while buying a new house, it’s always better to opt for one that offers a rebate. A Florida new home rebate not only saves the buyer tremendous amounts of money but, the buyer gets representation.
Home rebates – what’s it all about?
The way it works is that usually a homebuilder pays your representative, a real estate broker or agent a certain commission. The commission ranges from 2-3%. This is always included in the purchase price of the home you intend to buy – whether you are represented by a real estate agent or not. If you do not happen to have a real estate broker or agent that represents you, you risk losing this commission to the builder! So how do you prevent this – simple, by approaching legitimate companies that offer lucrative Florida new home rebates. Best of all, this service is absolutely free!
You can save money
If you choose to buy a preconstruction home or condo in Florida, the initial investment is much lower than one would expect. While purchasing, be sure to go through a company that offers a rebate on the price. Usually the rebate percentage will be up to 2% of the base purchase price. This means, if you for example, spend $500,000 USD on a new home, you will get cash back of up to $10,000 USD! That’s a lot of savings. While opting for a Florida new home rebate you will also need to inform the home builders in advance that you are represented by a company that is offering you a rebate. That way, they cannot pocket the extra commission.
Dos and Don’ts while buying a home in Florida
Here are some guidelines to help make your purchase smooth and hassle-free:
Dos:
Always make sure you are represented by a real estate agent Inform the home builder in advance that your Realtor is giving you cash back Check the reputation of the company before opting for a Florida new home rebate
Don’ts:
Don’t use a typical real state company that does not offer any rebate Don’t visit the community on your own – by doing so you negate having a Realtor represent you.
By: Jared Dalto