Top 10 buyers tips
Location Location, Location.
You already knew that but what we know that you may not is which resorts will give you the best return on your investment. Most guests want to be 20-30 min from Disney and close to as many shops and restaurants as possible.
Do I buy New or Resale
This really depends on you and your budget. Buying New offers many advantages over an older home. Building codes and standards have changed dramatically over the last few years with simple additions like 2 pane windows. This helps reduce the monthly utility bills and will be a huge saving. However resales can offer great value as they will include the furniture and possibly booking that are already in place.
How many Bedrooms ?
Which homes give you the best return on your investment. With a huge choice ranging from 3 bedroom to 15 bedroom the returns can vary from $100 per night to $1000 per night. Many factors come into play and we are happy to give you the benefit of our experience.
H.O.A also know as Home Owners Association Fee
Most resort communities have a H.O.A which is a monthly fee paid by all the home owners to help improve security, landscaping and general maintenance of the community. It also protects you as a home owner from any potential violations should a homeowner not meet the requirements as laid out by the H.O.A.
What is a C.D.D. ?
A C.D.D. is a county tax which home owners have to pay in many resort communities. The tax comes from the development of the resort when adding roads, lighting, sewer etc... Typically they are added for 30 years and paid monthly. the fees can be $200 - $400 per month.
Having a secure resort complex gives the guests a sense of safety. Some communities are gated and others are gated guarded and have 24 hour security.
Is it easy to Financing ?
Yes actually it it very easy. If you are not a US citizen then we have what we call a Foreign National loan program which requires a min of 30% down payment and the balance can be financed over 30 years regardless of your age.
Who will look after my property?
Property Management is the key to your success. While there are hundreds of management companies in the Orlando area from small family run businesses to larger businesses with hundreds of home finding the right one for your needs and goals is vital. The property manager will do everything needed to have your home running 100% from general maintenance like lawn and pool care, checking guests in and out and ensuring your home is kept to the highest standards, ensuring your legal requirements are being dealt with. e.g. sales and Tourist taxes, licensees etc.
Not to mention the most important " Get you Bookings " With over 50 years experience in property management we can help guide you to find the best home to meet your needs.
If you are planning to rent your home there are several ways you can do this depending on the time and effort you wish you put into it. Typically, a vacation home will rent on average for 35 weeks out of the year. Demand for vacation homes has grown year on year. You can advertise the home yourself and take bookings on websites like Homeaway, VRBO, AirbnB etc. Alternatively, if you don’t have the time your management company will help to market your property and generate bookings for you. Or you can do a combination of both
Who can guide me through the process.
Last but not least finding the right Realtor to help you is the most important choice you can make. Mr Vacation homes experienced team will help you find the perfect home and negotiate the best deal. The best part is that this service comes at NO cost to you as we are always paid by the seller.