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Top 3 Cities in Florida to Buy Real Estate in 2019

Looking forward into 2019 and beyond, Florida is a friendly and welcoming place to invest

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If you are like most people, then for summer vacations or to retire has crossed your mind. There is so much to enjoy for the whole family, either indoors or outside, having fun in the sun. Florida is one of those states that has it all because the weather is ideal year-round, the beaches are pristine, and there’s always a new way to take it all in.

When you think about buying in Florida, you probably think of a few places first, like Miami, and you would be right to do that. But, there are several other cities that will give you a high-quality lifestyle, while providing you with a solid financial real estate investment, as well.

Let’s take a detailed look at the top 3 cities in Florida to buy real estate, and why.

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Buying a home in Florida In 2019, Pixabay

Miami, Florida

When you think about Miami, many things come to mind, but if you haven’t visited in person, it’s hard to get the full picture. Miami is a vibrant mix of old-world character and new modern lifestyle, all wrapped up in one. You can find neighborhoods in Miami, such as Belle Meade, that have homes built in the 1930’s that stimulate your senses and imagination. You can literally imagine yourself living in a new beach-side, pioneer town, just discovered by people. But, amidst the old-world feel, are touches of modern amenities, giving you the perfect balance of history, character, and contemporary creature comforts.

Another well-known fact about Miami is that it’s home to the best nightlife in the world, literally epic, and people flock to Miami’s South Beach to be a part of it all. There are famous night clubs like Liv in the Fountain Bleu hotel, where celebrities can be seen any day of the week, partying and having fun. Of course, there are luxurious condos on South Beach in buildings built by world renowned architects and designers. They can be small, yet well-appointed studios, to large, over- the-top penthouse condos.

Miami
Another well-known fact about Miami is that it’s home to the best nightlife in the world, literally epic, and people flock to Miami’s South Beach to be a part of it all. Pixabay

Another way to invest in Miami’s real estate market is buying a luxury mansion on Star Island, Coral Gables, or any number of prestigious addresses in Miami. These properties are ultra-exclusive and can have 10 bedrooms or more. They can be adorned with stylish furnishings, and have amenities like saltwater swimming pools, arcades, Italian marble, and more.

Before you run out and see the homes for sale in Miami, you might want to contact a respected Realtor, because investing in Miami real estate comes with a hefty price tag. It’s not uncommon to spend a million dollars or more on a property that still may need renovations.

Orlando, Florida

The one place everyone with kids is already familiar with is Orlando, FL. Home to Mickey Mouse and the entire Disney World family, Orlando represents some of the most innocent times and memories we have as children. It also has one of the hottest real estate markets in the nation, with a median home value of $250,000. It is much different than Miami, since most of the homes in Orlando are newer and full of cutting-edge technologies and building materials.

Orlando real estate investing makes sense, and with so many attractions (Universal Studios, Epcot, Sea World) bringing millions of tourists per year, it will stay that way. Orlando’s home values have increased steadily through the years and investors can expect to see that trend continue in the future.

Treasure Coast of Florida

If you enjoy a more laid-back lifestyle, and you appreciate the outdoors, beaches, and waterfront activities, then the Treasure Coast may be the place for you to invest in 2019. It is comprised of several small cities, such as Port St Lucie, Stuart, Palm City and Hutchinson Island. The reason that it makes sense to invest here is because there’s any and every type of real estate available at affordable prices. But, just because it’s more budget friendly, doesn’t mean there aren’t new and breathtaking waterfront mansions that can cost millions.

But, for the most part, you can buy a property for considerably less, depending on what type of real estate you want. The Treasure Coast is truly special, and one of the untouched coastal gems in Florida. The waterways are pristine and wind through all the cities, respectively. People love all the golfing communities, which are built around championship courses and amazing golfing centers.

According to top Treasure Coast Realtors, there are numerous single-family homes for sale in Port St Lucie situated on oversized, waterfront lots. Owners have deep-water ocean access, plus room for large yachts and other water toys.  

For those looking to retire beach-side, there are oceanfront condos available on Hutchinson Island in full-service buildings. Who wouldn’t want to wake up to a salty breeze from the Atlantic Ocean from your bedroom window? These buildings offer full fitness centers, concierge services and endless outdoor activities at your doorsteps.

Also Read: How Real Estate Regulatory Bill can help ailing Real Estate sector

Conclusion

Looking forward into 2019 and beyond, Florida is a friendly and welcoming place to invest your money that will not only pay dividends, but give you the quality lifestyle you want to enjoy. No matter if you want to live on the beach, near Florida attractions, or near the electric nightlife in Miami, Florida delivers. Just remember that hiring a local Realtor will save you both time and money, because they know the areas better than anyone else. Make sure you research the agents before you hire them to ensure they are the authority in the cities you want to live and invest your money.

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Ultimate Real Estate Guide For First-Time Homebuyers In India

An increasing number of people today are looking to buy their dream homes. The current Indian real estate market is flourishing, making it the best time to invest in the real estate industry.

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Homebuyers have multiple choices available to choose from -- apartments and flats to villas and villaments. Pixabay

 

In India, owning a home gives people a sense of pride, security and stability. A host of first-time homebuyer benefits and a slew of economic policies are making house ownership accessible to all. An increasing number of people today are looking to buy their dream homes. The current Indian real estate market is flourishing, making it the best time to invest in the real estate industry.

If you are looking for real estate in Pune, Kolte Patil Three Jewels is an integrated township spanning 35 acres offering well-spaced apartments amidst wide expanses of nature.

The home buying process can seem confusing if you are a first-time homebuyer. This article presents the ultimate real estate guide to help you understand the various steps involved in a home buying process:

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If you are a first-time homebuyer, you may take the help of the above real estate guide to walk you through the critical areas of the home buying process. Investing in real estate is a huge commitment. VOA

Assess your needs

Homebuyers have multiple choices available to choose from — apartments and flats to villas and villaments. You can assess your needs by asking questions such as what kinds of accommodation would suit your family size. Does it have all the amenities you are looking for? Is it something you can accommodate in the current budget?

Check your credit score

Most first-time homebuyers opt for a home loan as funding a new home entirely from one’s savings can become burdensome. To know your status of being approved for a home loan, you may want to check your CIBIL score. A low CIBIL score could mar one’s chances to obtain credit.

Check the builder’s credibility

Once you have finalised the location and the type of residential building, look at projects managed by reputed builders in the area. Read more about their past projects, whether they complete housing plans on time, quality of construction, etc. before finalising on a property. You can also read homebuyers’ reviews that have purchased properties from a particular builder.

Buyer-builder agreement

This is a three-way contract between the bank, builder and you to be signed when booking a house. This contract is finalised with a token fee that seals the agreement. Ensure you read all the terms, conditions and understand them well. You could also seek the services of a property lawyer to help you understand the clauses.

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Once you have finalised the location and the property type, seek top builders offering projects in the area and verify their background. Pixabay

Approvals and licenses

You can save yourself from unwanted hassles by ensuring a builder has the necessary legal approvals and certifications in place. Some documents that to need to be checked include title deeds, RERA certificate, encumbrance certificate, NOC by relevant bodies, environmental clearances and so on.  

If you are looking for financial assistance to purchase a property in Pune, you can avail a home loan from Bajaj Finserv Homes & Loans with credit up to Rs. 3.5 crore. Avail an easy loan with minimal documentation and features like property search assistance, flexible tenors, and easy part-prepayment and foreclosure facility.

Summary

If you are a first-time homebuyer, you may take the help of the above real estate guide to walk you through the critical areas of the home buying process. Investing in real estate is a huge commitment. So, it is essential to assess your needs before you take the plunge. For example, if you are a family of four with kids, a property with necessary amenities like schools and nearby kids’ play areas can be an advantage. It is equally vital to check your CIBIL score to ensure you qualify for a home loan. Once you have finalised the location and the property type, seek top builders offering projects in the area and verify their background. Book the property after ensuring all legal documentation is in place and you have fully understood the terms and conditions of the builder-buyer agreement.    

Three Jewels in Pune is a magnificent township located at Kondhwa. The housing project offers 1 BHK, 2 BHK and 3 BHK flats that are well-designed, spacious and cater to people of different income groups. Three Jewels provides its residents with excellent amenities that include a swimming pool, flower garden, library, event space, multipurpose courts, conference room, reserved parking, kids play area, gymnasium, indoor games room and much more.

Also Read: Microsoft to Increase Skype Group Members to 50

Get the best financial assistance to buy a property in Pune, by availing a home loan from Bajaj Finserv Homes & Loans. Avail an easy loan up to Rs. 3.5 crore with minimal documentation and other features such as property assistance, easy tenors, and simple foreclosure and part-prepayment facility.