Florida Home Buyer Information
Florida is one of the hottest real estate markets in the country and home buyers are flocking from all over to buy in the Sunshine State. In fact, Florida was one of the most popular states to move in 2021. What is this doing to the Florida real estate market. What do Florida home buyers and Florida homeowners need to know? Shawn Hendricks Jr. is a senior loan officer with Peoples Choice Mortgage and is excited to talk about his move to Florida from the Boston office. Shawn is here to tell us what Boston home buyers are facing compared to his Florida home buyers. He is also here to tell us if qualifying for a mortgage has been different for his clients in Florida than in Boston.
Needs of Florida Home Buyers
Every real estate market is unique and Shawn is knowledgeable about what makes applying for a Florida home loan different from a Boston mortgage. One of the main reasons why Florida’s market is so unique for home buyers is the outrageous demand. Florida home buyers are facing stiff competition and will often find themselves in bidding wars to buy the home of their dreams. Additionally, hurricane-prone regions of the country have additional considerations when buying a house. Home inspections are of paramount importance, especially in places that have been hit with a large storm within the past few years. True mortgage professionals, like Shawn, understand the nuances of each market and how they can help their clients respond to them.
Get a Florida Home Loan
If you want more information about buying a house in Florida, getting a Florida home loan, or looking into refinancing your current Florida mortgage, contact us. The Florida mortgage brokers with Peoples Choices Mortgage will help you with every step of the home loan process. Whether you are a first-time home buyer or a seasoned homeowner interested in a cash-out refinance, we will help you find a home loan that meets your needs and your budget.
