Buying
a Villa in Orlando
The good news
is that compared with most European countries - including Britain
- the actual purchase process in Florida is quite simple.
The legal aspects of home buying in Florida do not require each
party to appoint and pay their own Legal Advisor. However, we
advise all clients to utilize the services of a combined Attorney/
Title Guarantee Corporation - we will instruct the Title Company
to act on your behalf.
From our vast
experience gained over many years, we have concluded that location
is all-important, especially if it is your intention to offset
rental income against expenses on your investment.
Do not accept
verbal assurances from sales persons that short-term rentals are
permitted unless you see it for yourself in the Covenants & Restrictions
of the development. Many developments and even whole Counties
expressly prohibit short-term rentals in private pool homes. We
will guide you through this potentially hazardous area and ensure
your chosen home is zoned correctly.
We will arrange
appointments with an independent Mortgage Broker. This way you
can be assured that everyone is working in your best interest.
Although
Florida villas feature high specifications as standard (carpets,
landscaping, cooker, dishwasher etc. usually included) be careful
about ordering expensive builder options that may not actually
increase the value or rentability of the home.
Every location
we recommend for rental homes is fully zoned for that purpose
by Developer and County. We can help you select a development
that offers the best prospects for long-term capital growt