THINKING OF INVESTING? TIMING IS EVERYTHING IN REAL ESTATE

Thinking of investing in Florida Real Estate? You are not alone. Vacation homes, second homes, short term rental communities, and rental properties in St. Cloud Florida and Osceola County are catching the attention of many investors these days.

It has been several years since the Real Estate boom of 2005-2006 when hyper inflated home values and short supply triggered a Land rush here in Florida. People who arrived late to the party paid a premium. When the bubble burst, it left them unable to recover their investment. These same homes today are selling for 25% of their original value. That's right 25%.

The average home here in Osceola County during the Market Boom was selling for $224,000. That same home today can be purchased for as little as $56,000. (In many cases less than the cost of materials to build it)

There is an electic assortment of homes in St. Cloud, Florida and parts of nearby Kissimmee. Ranging from early turn of the century to brink of the boom housing.

FREE PREVIEW OF HOMES FOR SALE IN ST. CLOUD FLORIDA

Click here for examples of what hots in Historic homes This is a sampling of what is available. Prices range from $25,000- $299,000 for a lovely former hotel. (No sign up required.)

If modern is more to your liking we have plenty of them too-Boom Housing

The Real Estate Market in Osceola County, St. Cloud/Kissimmee is prime for Investors as well as first time home buyers as prices this low have not been seen in decades.

GETTING STARTED IS SIMPLE

What you will need:

1) Pre-Approval Letter from a lender - ANY bank can pre-approve you based on what you earm what you owe and your credit score.

2) Down Payment Funds- Plan on 3.5% For under $2000 you can buy a home.

3) Find a Reputable Area Expert (Pick only one)

4) A good idea of what type of home you want, price you are willing to pay and area you want to look in.

5) Shopping on the Internet is how 84% of Home Buyers begin the process.

NARROWING DOWN THE CHOICES

Pick your top 5

Have your REALTOR® set up showing appointments

(Buyers who are not working with an agent are less likely to get the home they really want.)

BRING YOUR LETTER OF PRE-APPROVAL WITH YOU AND BE PREPARED TO MAKE AN OFFER

There is tough competition among buyers. Realize the home you love, someone else may already seen and loves it too. Be prepared to make a strong, competitive offer. Lender are reviewing many offers ones loaded down with contingencies are less likely to be accepted.

Be prepared to wait for an acceptance.

Allison Stewart St. Cloud Realtor®

Licensed Florida Real Estate Broker-Assoc