John R. Wood Properties
Barry Dunleavy, John R. Wood PropertiesPhone: (239) 877-6445
Email: [email protected]

Steps to Buy a Florida Luxury Residence

by Barry Dunleavy 12/10/2018

Purchasing a luxury residence in Lake Worth, Tampa Bay or any other Florida city or town should be simple. Yet problems may arise that prevent you from achieving your desired results.

Ultimately, buyers should plan ahead if they want to seamlessly navigate the Florida luxury homebuying cycle. With a plan in place, a homebuyer can quickly and effortlessly discover the right luxury home in any Sunshine State city or town.

For those who want to simplify the Florida luxury homebuying process, we're here to help. Now, let's take a look at three key steps that buyers need to complete during the Sunshine State luxury homebuying journey.

1. Establish Luxury Homebuying Criteria

Do you want to own a luxury home on a beautiful Miami beach? Or, would you prefer to purchase a luxury house close to Disney World? Create luxury homebuying criteria, and you can narrow your home search and focus on luxury residences that match or exceed your expectations.

It often helps to craft a list of Florida luxury home must-haves and wants. This list may be updated as you attend home showings and open house events. And over time, the list may help you discover a Sunshine State luxury house that you can enjoy for years to come.

2. Get Luxury Home Financing

A jumbo mortgage typically is required for buyers who want to purchase a luxury home in Jacksonville, Clearwater or elsewhere in Florida. Thankfully, lenders are available that can offer comprehensive insights into jumbo mortgages.

Meet with a variety of lenders – you'll be glad you did. Lenders may offer a wide range of jumbo mortgage options, and it usually is a good idea to explore all available options to obtain the lowest interest rate on a jumbo mortgage.

Furthermore, don't hesitate to ask questions about jumbo mortgages. Lenders employ friendly, knowledgeable jumbo mortgage specialists, and these professionals are happy to help you find the right mortgage based on your individual needs.

3. Employ an Expert Real Estate Agent

Pursuing a luxury home in Fort Lauderdale, Orlando or anywhere else in Florida may prove to be difficult, particularly for buyers who choose to work alone. Luckily, expert real estate agents can make it easy to navigate the Sunshine State luxury homebuying journey.

An expert real estate agent allocates time and resources to learn about a Florida luxury homebuyer's needs. Then, this housing market professional will work with a homebuyer to ensure that he or she can find the right residence. This means if you want to buy a luxury home in South Beach as soon as possible, a real estate agent will help you do just that. On the other hand, if you want to find a luxury house close to family members in St. Augustine, a real estate agent can help you hone your luxury home search accordingly.

Take the guesswork out of finding a luxury home in Florida – collaborate with an expert real estate agent, and you can receive extensive support throughout the Sunshine State luxury homebuying journey.

About the Author
Author

Barry Dunleavy

Over 25 Years in the Real Estate Industry. Former Senior Managing Director with responsibility for oversight of real estate businesses in Canada and Latin America including CEO of Canadian-based bank; prior to that Sr. Managing Director Construction Financing to large residential builders throughout the USA. He has a BA and MBA in Finance. Memberships include the Naples Board of Realtors, Graduate Realtors Institute, Institute for Luxury Home Marketing, Florida Realtors, and the National Association of Realtors. Community activities include New Horizons of Southwest Florida volunteer teaching math and reading to at-risk 3rd to 5th graders while being Chair of their 2016-2018 Golf Event and also involved with the Christian Businessmen's Connection. 2014 Awarded the Distinguished Volunteer for Collier County. He was a former Board of Governors of Hazeltine National Golf Club, host of the upcoming 2016 Ryder Cup Championship.