A Place In The Florida Sun

July 23, 2008

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You’ve probably been hearing all about the serious mess in the U.S. real estate market due to the sub prime mortgage debacle. Thousands and thousands of people are losing their homes. There are new home subdivisions sitting vacant completely built and ready to go.

If you have ever considered escaping Canadian winters and I am sure we all have especially after this past winter with it’s 5 months of snow; this may be your time to consider buying a Florida getaway.

Given a 10 year time frame from now to say 2018 this will most likely be your best price opportunity ever. If you can see yourself doing business on the patio in shorts and a polo shirt with a cool drink in your hand greeting your business associates or family and friends then it’s time to learn about Florida real estate.

What stops most people from making a move is not knowing about the buying and closing process and the tax implications. Buying, getting a mortgage, Income Tax, Death Tax, and Property Tax.

So here on these next few pages you will find most of the info you need to get started with real estate in Florida.

Always remember to get proper Legal Advise from lawyers who deal in cross border real estate and planning. Also a knowledgable tax advisor is appropriate. Do not construe the information here as legal or tax advise. Also Florida Laws and Revenue Canada can change their minds whenever it suits them so you should make sure you get current advise at the time of your real estate purchase, not relying on this.

We have simply put this together from workshops and information sessions we have attended with a view to simplifying the process for you and removing some of the fear of the unknown.

With Canadian real estate at an all time high it is hard for investors to make numbers work on properties here. So if you are an investor this may be a great opportunity for you to build up your portfolio as well.

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Written by admin · Filed Under Biz Opps