Should You Buy a House/Condo in Florida? 8 Things to Consider
Whether you’re buying a second home/vacation home or you’re considering moving to warm, sunny Florida, look at a few matters beforehand:
can you afford to live in the region or neighborhoods you have targeted?
which cities and neighborhoods are safe and pleasant to live in?
summers are hot and humid. Can you take the heat and the indoor life?
do you like golf, fishing, walking the beach, boating, and water sports?
how well can you run your business from Florida and how much back and forth travel will you need to do?
what is the actual cost of living?
how much will your mortgage payments be for the next 10 years?
is there a true demand for your area of work/profession?
A lot of people love Florida and some don’t like it at all. If you could live here during the winter only, as many snowbirds from New York, Toronto, Montreal, Boston, Philadelphia, Chicago, and Washington do, buying a home/condo might be a no brainer. All you’d have to focus on is finding a home at a bearable price.