so before you ramdonly ask something like this really need for info. i mean i know of a condo for 60,000 getting a good return but is it in an area you would livbe in i have no idea
Robert's response was absolutely correct and an important consideration if you wish to obtain a mortgage. Financing condos can be a challenge if the property is not FHA or Fannie Mae approved. You can research this by checking out the links below:
I am located in SW Florida and would be happy to answer any other financing questions for you.
Good luck in your search for a new home!
Licensed Mortgage Broker
Ameritrust Mortgage Associates LLC
Cell: (904) 614-7312
I'm afraid you could put this question to a hundred different realtors and get a hundred different answers. I would suggest that you find a realtor you are comfortable working with, if you haven't already and let them know what's important to you in regards to purchasing and let them guide you and help you to make the most informed decision for yourself. Knowledge is key.
Teresa M. Fellows
ERA Waterside Realty
All good answers below. Now you need to talk to the agents below and work with whoever you are most comfortable with.
Which condo is right for you is a matter of opinion - Yours - What are your likes and dislikes, what tpye of location are you looking for, activities, proximity to shopping etc. working with someone costs you nothing, but the information you get can be priceless.
It is important that you consider these condos based on how you will finance your purchase in addition to their other attributes. If you are paying cash all of these condos have merit depending upon what is most important to you such as proximity to beaches, tennis courts, golf etc. But if you will be seeking a mortgage, some of these condos will not pass muster by the mortgage company and will be difficult if not impossible to secure financing. With condos and financing, keep in mind that not only you have to be approved, the condo does also. Some things that banks and mortgage brokers look at is the percentage of residents delinquent on their condo fees and the amount of reserve funds,in addition to other criteria.
Key Solutions Real Estate Group
It's always somewhat overwhelming when selecting the right residence that fits your criteria although there are some things that you'll need to consider such as location in the Sarasota area, community amenities they have to offer, deed restrictions within the association, pets/ not pets, school districts if in the event you have children. It really will depend on your realtor and the knowledge they can convey in order to assist you in making an educated and sound buying decision. All the very best of luck in your search and please let me know if I can be of further assistance to you.
You should also include Serenata and Bradford Manor in your list. It all boils down to your personal tastes.
David Barr, Broker Associate