Other information

Before considering the purchase of a home, you must determine the purpose of the home. Will it be only a holiday home? If so, will you rent out the property when it is not being used by your family, friends or yourself. How important is that rental income?

Questions have been raised about rental restrictions imposed within the Disney area. Three counties have different sets of rules. Orange County did, some time ago, bring in regulations forbidding rentals of less than 30 days. This does not mean that a property owner cannot rent their house; only that each rental must be for a minimum of 30 days. However, the number of rental agreements in any year could not be more than 12 at the most and so a property in Orange County may not be the best place to maximize rental income.

Osceola County now has rental restrictions in place. However, the position is very different from Orange County. Authorities have created exceptions and exclusions to protect the large number of investors who have already purchased houses in the county and the large number who continue to do so. Consequently and without going too deeply into what are fairly complex provisions, many developments have effectively been excluded from the restrictions rendering them communities from which short-term rental activities are allowed.

Polk County and Lake County are developing relatively fast. Therefore further investment is being encouraged. It is essential that a prospective buyer obtain advice as to the suitability of the property / development and the use of which it is intended. Rental restrictions should be carefully evaluated and understood. We will gladly provide you with advice, guiding you safely and expertly throughout the selection process.

BANK ACCOUNT
A U.S. Bank Account is desirable to facilitate the transfer of funds. We will be happy to introduce you to one of the major banks and assist you in opening a suitable account. An initial deposit of $50 should be adequate to open your account

CLOSING AND RENTAL SETTING-UP CHARGES
Many are concerned about hidden extras and have heard stories about buyers being saddled with unexpected charges for closing costs long after it has become too late to withdraw from the purchase. Closing costs comprise of several elements, many of which are stamp duties payable on various documents but the biggest expense is usually applicable to the mortgage. Some builders will make a substantial contribution to closing costs. If a US mortgage is not required some builders will offer a cash discount. Finally, if the property is being managed and rented out, you will need additional money for escrow, lodging license, fire extinguisher and security bolts.

RESALE
The availability of resale Property changes daily. We will be happy to include a tour of appropriate resale properties within your viewing program should this be of interest to you. Good resale Property will not generally be on the market long, and while there is always a possibility that a "bargain" may become available, a true bargain in a prime location can be difficult to find. The importance of buying in a "prime" sought after location is crucial if the property's resale value is to be optimized. There could well be a good reason why a particular resale is "cheap".

SPEC/INVENTORY HOMES
Most builders will build one or more spec homes in anticipation of a buyer wishing to buy a house that is ready to occupy. This is a great way to see the finished product before completing the purchase. The inventory obviously varies on a regular basis, but we will be happy to show you the current availability.

FURNITURE PACKS
While you may like to furnish and equip your home yourself, this can be somewhat time-consuming and expensive. Most buyers opt for one of our "furniture and house ware" packages. We do not consider it necessary or indeed advisable to spend excessive sums on furniture, but equally we believe it could be false economy to buy furniture of inferior quality which may not stand up to the rigors of a rental property. Our furniture pack will equip your property with attractive, yet hard-wearing furnishings. Everything from a color TV, washing machine, fridge, lamps, ashtrays and toilet rolls are included. More expensive packs are available and most items can be customized or upgraded to suit your taste and budget. We also offer a free interior design service and will be happy to arrange a suitable time for you to meet with our interior designer.

FINANCIAL MORTGAGE INFORMATION
While Florida property purchases can often be financed from one's home country, US mortgages will frequently be more attractive and are readily available subject to approval. Advances of 75% of the cost (house, lot and pool) are relatively simple to obtain, 80% are not normally a problem although much more detailed financial information will be required. We will be happy to introduce you to various mortgage brokers with whom we are associated.

AFTER SALES SERVICE
We will:
1. Be available to answer all your questions and queries regarding mortgages, closing dates, rental, etc...
2. Send you photographs on a monthly basis to show you the progress of the construction of your property.
3. Carry out the "walk through" just prior to closing. This avoids the necessity of you having to returning to Florida to "close" the purchase. We will ensure that the house is completed, the color schemes are as ordered and all extras are installed.
4. Arrange for deposits to be paid on your behalf (provided that these funds have been established in an account) for all utility services
5. Coordinate the delivery of your furniture package and ensure that all items are in working order and that all packaging is removed from your home
6. Ensure that your property is continually ready to receive either your guests or yourselves.

COMMERCIAL AND BUSINESS OPPORTUNITIES
We have companies listed, small and large, in all types of industry. We provide a free confidential business analysis for businesses and commercial properties up to 25 million dollars.

Holiday Travel

Are you looking for a fly drive holiday or travel services for your Florida vacation? If so, visit www.floridaflydrives. Here you will find

Questions, Questions, Questions
After digesting the information on our website, you will have lots of questions that need answering

If you require further details or would prefer a call from one of our experienced consultants
please click here and fill in the form for an