Beach Real Estate Investment : Factors to Consider
Destin-30A-Fort Walton Beach-South Walton
Homeowner Association Issues
Membership in the condominium Homeowner Association (HOA) is mandatory for condominium owners; members of a HOA own an undivided interest in the common property, including any liabilities. A poorly managed community can expose HOA members to significant financial liability...
Physical Condition of the Property
While a typical Home Inspection will usually suffice in determining the physical condition of the individual unit, a new condo owner should also be concerned with the current condition of the common property, since they will own an undivided interest in these components - including any liabilities (see HOA above)...
Advocate or Salesperson?"Caveat Emptor" - Let the Buyer Beware."
Both Florida and Alabama are caveat emptor states, and while a seller is obligated to disclose any "known" adverse conditions, there is no requirement to disclose adverse conditions that may not be know to the seller, or their agent. When investing in real estate, the last thing you need is to be "sold" on a deal by a salesperson that is more concerned with a commission check than protecting your best interest - always insist on...
in real estate, especially resort property, can get complicated -
it's almost impossible for one person to keep up with the constant
changes in the marketplace, and provide adequate service to their
clients. Real Estate agents generally have more than one client,
working with real estate agents that partner together...
"Two Agents Are Better Than One"
For more info, visit: Buying a Florida Condo, Destin, Fort Walton Beach & 30-A
Fort Walton Beach is a fishing and beach destination with a subtropical climate, that has become popular year-round - the busiest time of the year is the summer, with spring break being another period when thousands of people flock to these shores.
In Destin-30A Florida, the Heart of the Emerald Coast, you can choose between exclusive resort homes to laid-back beach get-a-ways, this coastal city with a humble beginning as a small fishing village, it is now an immensely popular tourist destination.
Buying a Condominium Home, Florida Gulf Coast Real Estate
Fort Walton Beach-30A-Destin-South Walton