Whether your home was damaged by the recent storms blowing through Florida or you are looking to buy a home that was in a hurricane-impacted area, there are several things potential home buyers need to know about homes that sustained storm and flood damage. Even homes that sustained minimal damage, or homes that were newly built or renovated after a major hurricane, can be affected by the demand for building materials.
As a Floridian who is handling the affairs of an estate, you're likely going to run into a number of hurdles throughout the process. Smaller hurdles can include running into a lot of unfamiliar terminology. For example, do you know what a short sale or short sale agreement are?
Florida residents buying a house for the first time -- and even those who are seasoned in the world of real estate -- can easily become overwhelmed by the process. Before a future homeowner can hit the ground running with interior decorating and landscaping plans, he or she must first consider a number of factors. As stressful as purchasing a home may be, there are some boxes to check that can make the entire process run more smoothly.
Before purchasing any piece of real estate in Florida, a title report should be ordered. It is the responsibility of the buyer to review this report carefully and Redfin explains that there generally is only a small window of time in which any response to the contents can be provided. This may even include invoking the title contingency if something looks serious enough to make the buyer decide not to continue with the purchase.