Tuesday, September 9, 2014

Things to Think About When Buying a House in Tampa Bay

With the housing market recovering, it seems to be a wise decision to invest or buy a property in Florida, particularly in Tampa Bay. Florida is undoubtedly one of the best places in the world to live in. Aside from the sunny climate and gorgeous beaches, Florida is also a favorite of property investors and international buyers.



There are plenty of reasons why people around the world would consider buying a house in Tampa Bay. And if you are too, here is a list of what you must think about when moving to Tampa Bay or just investing:

·         Location. Everything about Florida is awesome, so you must pick a place where you want to reside and in this case, you want Tampa Bay. You will enjoy living, vacationing, or retiring near the crystal blue beaches and lie down under the sun every day. It’s really the beach life here.

·         Good Price. With the housing market recovering, there’s a good chance that you can snatch up a good property with a good price.

·         No lawyer needed. When buying a house in Tampa Bay, a lawyer is not required. This speeds up the transaction.

·         Work around a budget. There are many types of properties in Tampa Bay that you can put your money in. The question is: how much money are you putting in? If you don’t know much about the real estate in Tampa Bay, a real estate agent can help you find the right property for your budget.

·         International purchases. If you’re halfway around the globe, hiring a real estate agent will prove to be very beneficial. Realtors are always up-to-date with the latest investment laws and international transaction regulations as well as the financial institutions you can work with to pay for the property.

·         Taxes. The great news is that Florida doesn’t have a state income tax, which is why many choose to live here. On the other hand, you will need to pay property tax when buying a house in Tampa Bay and this is something you’d want to discuss with a realtor, just to be clear on how much you’ll need to pay vis-à-vis the property you’re buying.

·         Accessibility. For international investors who just want to stay in Tampa Bay for a short period of time, accessibility is one of Florida’s assets. There are plenty of direct flights to Tampa. And if you want to visit the other cities, there are tons of domestic flights too. To be exact, there are 18 international airports in Florida, apart from the regional ones.

As you can see, buying a house in Tampa Bay isn’t just about the beautiful house along the beach, it’s about considering every facet of the investment as well as what comes with buying a property in Tampa. Hopefully, after reading this, you’ll be able to make the right decision.

Tam-Bay Realty LLC
1408 N West Shore Blvd Suite 1000 Tampa, FL 33607
(813) 908-0706

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