If you are interested in buying properties in South Florida, we can help you. We’re long time resident in South Florida with more than 15 years of experience working with residencial and commercial real estate properties  in Miami-Dade, Broward and Palm Beach counties.

We are ready to answer all your real estate questions and provide the personal attention you seek when making the important decision of  buying a real estate property. We will guide you to the whole process.

Whether you are looking for a primary residence, vacation property, commercial office space or an exciting investment opportunity, we have all the information you need to make the best decision. Contact us now.

HOW DO I BUY A HOME IN USA?

    1. First determine what’s the purpose of your buying. The property will be your primary residence, vacation residence or investment property.

    2. Second determine how much is your budget, include the amount of down payment available and the amount of money you can borrow.

    3. Once you have chosen a property, the buyer has to make an offer to the seller, this offer is usually accompanied with an “earnest money deposit” check, a pre-approval letter from a Bank (Lender), a proof of funds available (usually the buyer must prepare a check for an earnest money deposit to show to the seller his willing to buy the property), and other support documents. This offer is usually made through a real estate agent who represent the Buyer, who then passes the offer to a real estate agent representing the seller.

    4. Once the seller accepts the offer, the seller’s agent must send to the real estate agent representing the Buyer the seller’s disclosures and the condo association / homeowners rules and regulations. Also the buyer’s agent must send the earnest money deposit  to an escrow agent or title company.

    5. If the prospective property is ruled by a condominium association or  homeowner’s  association, the prospective buyer must apply and get approval prior the closing. Be aware that some associations can take up to 4 weeks to process your application.

    6. Within a given time period as agreed in the Offer, the Buyer then proceeds with the inspection (e.g. home inspection, roof inspection, pest / termite inspection, etc.). If Buyer is not satisfied with the inspection, he can negotiate with the seller or in some cases like “as is” purchase, he can cancel the purchase offer and get back his earnest money deposit.

    7. At the same time,  the Buyer also needs to proceed with a loan application at a Bank or Mortgage Company,  The Lender typically requires an appraisal be done on the property, to determine its value. If everything is satisfactory, the Bank underwriter will approve the loan.

    8. A Title company is the responsible to prepare and process the closing of the purchasing transaction. They check the real estate property for any lien, check the title for any issues, collect and disburse the funds to all the parties involve in the transaction.

    9. When the title company has all the papers done, they schedule a closing. The buyer’s agent coordinate with his client a walk-through or final inspection of the property.

    10. The closing is coordinated by a closing agent designated by the title company.

 The whole process to purchase a real estate property  once you have a contract, can take up to one month. But if this is a cash transaction it will take less time.