Home Buying on the Emerald Coast: Where to Begin
June 15, 2020
The Emerald Coast is an attractive place for investing in a home. With such great tourism, home sales are steady and promising. Once you fall in love with the area, it seems like no other place can quite compare. For those who are ready to take the next step and invest in a property on the Florida Panhandle, we are here to let you know what to do before beginning the home buying process.
1. Understand the area. Although it is helpful to have previous experience visiting the Emerald Coast, it is important to know the different communities and their respective demographics. When investing any property, you will want to be aware of which communities are more tourist driven and which neighborhoods are filled with a majority of locals. If you are investing in a rental property, you will most likely want a home located in a tourist area nearby other renters. This will enhance the tourist experience for your renters and assure that local families are not disturbed. For home owners who will be living in the area long term, it may be a good idea to live in neighborhoods along side other home owners in the area for similar reasons.
2. Research the associated costs. Every community on the Emerald Coast is a great place to live, but depending on your budget, you may find that some neighborhoods and communities have more taxes or fees than others, higher or lower costs per square foot, rental property management fees and more. Knowing all of the potential costs associated with your specific needs is a great way to help your realtor work with you and your budget in a more effective way, delivering better results.
3. Choose a strong real estate partner. You will want to work with a real estate agent or company who knows your areas of interest well and is knowledgable about the pros and cons and ins and outs of your search area. HCB Realty Advisors are committed to helping you in any way you need, listening to your wants and needs and creating solutions that work for you. We are responsive communicators with premium credibility, a proven methodology, and extensive experience working on the Florida panhandle. Reach out today and let us help you find your new home.
