Location! Location! Location!
Sarasota, Florida is accessible, close to airports and major highways.
It is one of the most beautiful locations in the USA.
Magnificent Beaches, Arts and Entertainment are all here in this Paradise on the Gulf Coast!
Types of Property
A second home can be a single family home, a condominium or a multifamily with 2 or more units (adding the possibility of rental income
Each type of property has its own pros and cons.
Consider carefully how you will use the property. If you like to work on your home, choose a single or multi-family.
If you prefer all maintenance to be done for you, then a condominium with a monthly maintenance fee
Deciding what you like and how you will use it should give you direction in your search.
- Consider how you’ll use the home. Will it just be for family and friends, or do you plan to rent it as well? And realistically, how many times will you use it per year?
- Evaluate locations. Are there enough amenities and attractions to keep you – and renters – coming back year after year?
Local building and zoning codes should be investigated.
Are they restrictive or nonexistent?
Does the property conform to the codes and can the property be rebuilt in event of damage.
These are important questions.
Availability and Inventory
In this fast changing Real Estate Market it is important to know what homes are available.
Its is also important to Get prequalified (a loan approval for a certain dollar based on finding an acceptable property) cuts down on the closing time.
Negotiating
Once you have found the property that suits your needs, negotiating the transaction can make it yours.
The more questions you ask (and get answers to) the more able you are to sketch out an offer that will be acceptable to the seller.
Every real estate transaction has 3 elements – Price, Terms. and Conditions.
Neither buyer nor seller always gets all three.
For example, a buyer willing to meet the seller’s price might want concessions on the terms (ex. large mortgage contingency, later closing) and/or conditions (repairs to property, extra items included).
How long a property is on the market is not confidential and may give you some insight to make a win-win proposal for both parties.
Financing and Tax Considerations
Talk to your accountant or financial advisor
This person can advise you on such issues as the tax implications of rental income (should you decide to rent your property and changes in Federal tax laws that could impact deductions.
Working with an Agent
I am a professional Real Estate agent and make my living marketing and selling properties.
Knowledge:
Knowing the Comps (comparable properties that are listed and more importantly, comparable properties that have recently sold) can be critical in your decision on the offer you make on the property.
Experience:
I’ve been selling second homes and vacation properties since 1986 starting on Long Beach Island, NJ and Here in Sarasota, FL since 2005.
Dependability:
I am always available to meet the needs of my clients
No location or town is perfect; a successful agent knows the pluses and minuses of the area. A good agent can help you find your dream house; a great agent can make it a pleasure!
Service
Expect outstanding service and GET IT!
Check out my website LarrySellsSarasota.com
Look around you can search for properties and find more information about Sarasota and much more.
Larry Brzostek – Call or Text 941-993-3125
CRS – Certified Residential Specialist
CLHMS – Certified Luxury Home Marketing Specialist
AHWD – At Home With Diversity
