Can You Buy a House Under 100k in Florida?
Every so often, I receive a call from a potential buyer who is currently residing outside of Florida with the hopes of one day moving to the Sunshine State and buying a home priced under $100,000. Is that possible? Is it realistic? Are there homes in Florida under $100,000?
First, it is important to truly understand how big Florida is. When I receive these type of calls, I start asking questions to see if the caller has any idea where in FL they would wish to move to and often times, they don’t.
I live and work in Orlando FL area so my knowledge is limited to my service area.
Today, I spoke to a lady who is currently living in NJ and would like to move to FL and buy a home under $100,000. She has been looking online and found tons of homes within her price range. See, real estate agents don’t search all over the internet to find homes for their clients, they go straight to MLS(multiple listing system) which shows real time availability. It is not a third party website, it’s a system where we enter our listings into. Not every Real Estate Broker is a member of the MLS but most are.
So for this caller, I was puzzled with what she was telling me. I asked her what her criteria was, she is looking for a 3/2, newer home, fenced in yard, must be move-in ready as she doesn’t want to pay $100,000 and make repairs and must be within close proximity to the city. That truly does not exist in Clermont FL.
There’s one manufactured home in a mobile home park, 1200 square feet, no garage, not fenced in, it is priced at $105,900 and that is in Minneola FL which is close to the city of Clermont.
If you are thinking about moving to Florida and buying a home, it is important for you to find a local, knowledgeable real estate agent who can educate you on the different areas, commute, schools, shopping, home prices. You can always surf the web but the information you find may not always be accurate.
After I hung up with this caller, I started looking at different sites about “moving to Florida”, I searched for homes priced under $100,000 and I almost fell off my chair.
One person commented that there are new homes on the Gulf Coast of FL for $45,000. New homes..on the Gulf? I want to buy a few!
Before you start packing your bags, I suggest you speak with a local real estate agent but even before, you should spend at least a week finding an area you would like to live in. Once you are set on the area, your agent can help you find answers to all your other questions.
Can you buy a house under 100k in FL? I know for a fact there are homes priced under $100,000 in FL but my question to you, the buyer is “what is your criteria?”. Have you been pre-approved for a loan and how much, if not, speak with a lender today and find out how much home you can afford.
I know it sounds great to be able to sell your NJ home for over $500,000 and buy one in FL for under $100,000 but as the saying goes, “if it sounds too good to be true, it probably is”.
Are you ready to say goodbye to the cold winters, tired of shoveling snow and
the heavy coats, boots, ice, slush and ready to say hello to the Sunshine State? Moving to Florida may the best thing for you only if you plan your move carefully. Remember, we too have car registration fees, pay for utilities, tolls, taxes(no state taxes), food prices may not be lower than where you are. Speak to those who actually are living in the area and can provide you with accurate information.
Once you make the decision and it is Clermont, Minneola, Winter Garden, Groveland FL areas, I am here to assist you with finding your dream home. Call or text me at 407-929-1852, email bethatalay@gmail.com or visit www.WhereToLiveInOrlando.com
Can You Buy a House Under 100k in Florida?
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