Buyers FAQ's Why should I work with a Real Estate Professional like Karla del Monaco to purchase property? You can save time and effort by using a Real Estate Professional like Karla del Monaco. She can assist you in locating just what you are looking for by pre-selecting property that is within your price range and that meet your requirements for size, style, location, and investment potential. Other tasks that Karla can handle for you: scheduling appointments for you to see property; handling negotiations regarding the amount and terms of your offer; providing current selling prices for comparable property in the area you are considering buying in; following up on all of the details involved with the closing process; and providing sources of information that you might request. Is a vacation home a good investment? Today a vacation home can be purchased for investment purposes as well as enjoyment. And yes, there could be significant tax benefits. Some people buy a vacation home with the idea of turning it into a permanent retirement home down the road, which puts them ahead on their payments. Another benefit is that the interest and property taxes can be tax deductible, which can help to offset the cost of paying for a second home. A vacation home may also be depreciated if you live in it less than 14 days a year. |
Two great Destin, Florida investment properties
East Pass Towers on Holiday Isle
Waterview on Holiday Isle
| Condominiums have held their value as an investment despite economic downturns. In fact, condos have appreciated more in the last few years than when they first came on the scene in the late 1970s and early 1980s, experts say.
Condominium associations also handle many of the maintenance, landscape and building insurance issues, making condominium ownership practically hassle-free. Meanwhile, current demographics have made condominiums more attractive investments for single home buyers, empty nesters and first-time buyers in expensive markets. In particular, the Destin and beach areas of Okaloosa Island and South Walton County are very desirable condominium markets, with values continuing to appreciate. Should I use a home inspector once I decide I am interested in a particular property? A home inspector will check a home's plumbing, heating and cooling, electrical systems, and look for structural problems. To make sure you're getting your money's worth and for your own safety, using a professional home inspector is highly recommended. Your home cannot "pass" or "fail" an inspection, and your inspector will not tell you whether he thinks the home is worth the money you are offering. The inspector's job is to make you aware of repairs that are recommended or necessary. A seller may be willing to renegotiate a price to accommodate needed repairs, or you may decide that the home will take too much work any money. A professional inspection will help you make an informed decision. In choosing a home inspector, consider one that has been certified as a qualified and experienced member by a trade association. Karla del Monaco can help you locate a qualified inspector if you decide you want to use one. How do I know I'm getting a good value for what I will be paying for a property? The best way to tell if a home is priced fairly is to have a professional appraisal. This will be an unbiased opinion of a property's value based on its style and appearance, construction quality, usefulness, and other factors, and it also looks at the value of comparable properties nearby. When you apply for a mortgage, the lender will have a professional real estate appraiser perform an appraisal of the property. This is a safeguard that ensures you won't pay more than the property's appraised value. Karla can assist you in finding a mortgage company and in answering your questions concerning property value and your property's appraisal. |
Equal Housing Opportunity 