‘Golden egg’ may not be all it seems

Luxury is the defining characteristic for many homes in the South Florida area. According to a Forbes article, South Florida has some of the wealthiest residents and homeowners anywhere in the United States, and these people expect for their homes to reflect their status.

Fortunately for those who are investing in the real estate market, they will have the unique opportunity to capitalize on that luxury. Imagine homes with delightful landscaping and beautiful views, sunken bathtubs or marble counter tops and you can begin to see why so many people are willing to buy these properties – they, quite simply, have it all!

However, even the most eager and financially solvent buyer of luxury homes in South Florida needs to be very cautious when it comes to investing in property. There are many pitfalls that go along with being a home or property owner, and those buyers without proper counsel may find that their “golden egg” is not all that it seems to be. The property needs to be adequately inspected, the ownership needs to be clear, the tax documents will need to be perfectly completed and the additional costs can get outrageous to the uninitiated.

Using a real estate company can help remove all of those issues.

When seeking the perfect combination of luxury and practicality, the prospective buyer needs to look beyond the surface and imagine the future. Will this home be truly comfortable for the people in your life? Will you be able to afford this home and the taxes in a long term situation? Will the value remain the same, increase or decrease? Are there issues with this property? Sometimes asking the right questions can help provide solutions for potential problems, and it is the real estate agent who can help you discover which questions to ask and when!

Choosing the right real estate agent to represent you in your search for your luxury home can be a daunting task since there are so many to choose from. As a general rule of thumb, you need to select a real estate company that has a great deal of professional experience with this particular area of Florida. You want agents that have received national recognition for their expertise and ethics, can provide knowledge in real estate, finance, banking and even marketing. All these things help to make your dream of purchasing a luxury home come true.

For information, contact the Levy Group at Coldwell Banker Residential Real Estate at 786-581-1134, via email to Adam@MiamiHomesAndLand.com or visit online at www.MiamiHomesAndLand.com

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