Has anyone dealt with Contempo Real estate - buying a Florida Home?

Question

thinking of buying a florida villa through them and using them as property management people.
any advice welcome...

Answer 1

I have 2 villas. I don't know Contempo but I do deal with a lot of Florida property sales from our UK offices. The idea of a 1 stop shop is attractive but you'll have to examine your reasons for investing.

Most people buy a FL home as part investment part indulgence. The usual promise by the vendors realtor is that the reservations will pay for the running costs. This is rarely true. You will normally be paying out monthly for the shortfall and with the large hikes in property tax this year it could be significant.

I don't want to put you off. Indeed if you have good management (hard to find) and are willing to put in the effort in renting out your property yourself then you can break even.

It may be that you see it as a pension plan and are willing to put in money each month. However, although, the market has fallen back it will take a few years before significant capital growth will resume.

My advice would be to shop around for a bargain - there are plenty - and take your time by investigating the florida villa owners forums and seek their advice on management companies too! If you need further advice please contact me through www.myorlandovilla.biz.

Good luck

Answer 2

this isn't any longer needed to take help of a genuine property agent to unload a property. you're able to first prepare the valuables on the industry and make it seem super. then you particularly come to a decision on the fee of the valuables effectively. nonetheless you don’t take help of an agent, this is going to likely be better to take the help of a genuine property lawyer. With the help of an lawyer, you're able to take steps to industry the homestead so as which you will sell it off quickly. as quickly as you get a purchaser, you will could initiate negotiating for an supply. you will could take part in homestead inspections and purchaser value determinations. as quickly as a majority of those steps are achieved, the deal will choose for last.

Answer 3

Hi?
I hope that you are over 70., and I'm not being rude, but everone else seems to be.
Bob
Only 50, but fed up with Florida.