Buyers Things You Need To Know Mortgages Taxes Flood Insurance Inspections Title Utilities Mortgages Even if you can purchase your next home with cash, you may want to consider getting a mortgage for some or all of the purchase price. With today’s historically low interest rates many financial planners recommend financing the purchase of a home or investment property. If you decide to use mortgage financing to buy your next home, you will need to get pre-approved for the purchase. This is a very easy task and can be done over the phone and within hours. Below is a list of mortgage lender contacts we recommend for you: Adam JaroszewskiFairway 954-348-5157 firstname.lastname@example.org Jim GiacomuzziHamilton Group Funding 954-348-5157 email@example.com Alexander MartinezQuicken Loans 954-348-5157 firstname.lastname@example.org Louis DohertyCross Country 954-348-5157 Louis.Doherty@myccmortgage.com Please reach out to any of these contacts as soon as possible so that you will have a better idea of what to expect financially as you search for properties. We’re here to help if you have any questions. Taxes Did you know that you could be eligible for substantial tax savings depending on how you answer a few specific questions? Will this home be your primary residence or are you a disabled veteran? For more information consult the Broward County Property Appraisers official website at the link below. https://bcpa.net/homestead.asp Flood If you’re applying for a mortgage you may be required to purchase flood insurance by your mortgage lender. All flood insurance is backed by FEMA who also maintains the national flood zone maps to decide whether or not your property is in a flood zone. To find more information on the national flood insurance program you can consult the FEMA website at the following link: For more detailed information on your specific situation you should consult an insurance professional. We have provided several insurance professional contacts under the “things you need to know” tab. https://www.fema.gov/ Insurance When buying a home in Florida insurance is required by every mortgage lender. There are 3 types of Insurance that all homeowners in Florida may be required to buy. Hazard Insurance (Damage caused by Fire & General Hazards) Windstorm (Damage caused by Wind Storms like Hurricanes) Flood Insurance (Damage caused by rising water. Determined by location of property and flood zones) When you are ready to get your Home Insurance quotes, here are a few agents that we recommend. It's a good idea to get a quote from all three. You can use an agent you already have a relationship with, but if they do not already write policies in Florida, they will probably not be able to help you. Alejendro KalafWe Ensure Florida 954-903-7519 email@example.com Trae WestWest Insurance of Florida 954-491-1942 firstname.lastname@example.org Hector CalzadillaAccess Insurance 305-331-6750 email@example.com Inspections A thorough home inspection is designed to discover major flaws in a home prior to your purchase saving you costly surprise expenses during your home ownership. An “AS-IS with Right to Inspect” contract will allow you to terminate a contract or negotiate repair credits based on the results of your home inspection. Here are a few home inspectors we recommend. Allstate Home Inspections http://www.allstateinspections.com/ American Building Inspectors LLC https://www.americanbuildinginspectors.com/ Title A thorough title search along with title insurance ensures lean free, clear title ownership of your property for the entire time you own your home. We recommend choosing a title company run by an attorney. Not every title company has legal counsel on call. Nor is it required by the state of Florida. Choose carefully. Here are some attorney run title companies that we recommend. Dean Trantalis https://www.trantalislaw.com/ Gregory B Taylor PA http://www.gtpalaw.com General Contractors/Builder David HabeckUltimate Environments, Inc 1725 Avenida Del Sol Boca Raton, FL. 33432 Call : 561.998.3643 CGC# 1510686 Utilities The utility services to have setup are listed below: Florida Power & Light (FPL) Florida Power & Light Water/Trash/Sewer City of Fort Lauderdale Water/Trash Set-up City of Wilton Manors Water/Trash Set-Up City of Oakland Park Water/Trash Set-up Cable/Internet Electricity can be turned on by going on the FPL website FPL.com or calling them directly. Water/Trash/Sewer is a bit more complicated. Most likely you will need proof of ownership in order to have this service put in your name. You can call the city or go on their website and follow their specific instructions since each city is different. And last, pick the Cable/Internet of your choice, Comcast & AT&T are our largest carriers in the area. Please let us know if you have any follow up questions regarding the setup of these utilities. Ready to find your place in paradise? Ken Can Help! Email or call today and put us to work for you. We can’t wait to meet you. Page Contact Form First Name * Last Name * Email * Phone Number * Message * reCAPTCHA Submit If you are human, leave this field blank.