Call Us Now!(305)503-0425
omaira

By: Omaira Estremera

I am a Venezuelan-American Broker Realtor. When I lived in Venezuela, I was the owner of a very successful company in the paper and graphic art's industry. I forged a sturdy business experience, early in my youth, which has grown and continues to grow, as I am a passionate Real Estate Broker in the state of Florida

Finding Your Starter Home

I love working with couples who are starting their lives together! Their energy is contagious, making me A part of so many new dreams and fresh ideas, at the same time feeling blessed that I can utilize my experience to help the generation that is now shaping our world. When a couple is starting a life together, there are a lot of real estate decisions that must be made.
Are We BUYING? or Are We RENTING

When Buying A Property

PROS

  • Buying real estate in South Florida will likely result in wealth-building over the years.
  • If you are looking for flexibility to decorate, renovate or modify your place to make it your own.

CONS

  • It will usually take at least one month to allow for all the paperwork required for the purchase to process
  • In most cases, you must sell the property to use the equity of your real estate for your next dream home. Sometimes this can be a lengthy process

When Renting A Property

PROS

  • Renting in many cases means a lower and predictable monthly payment. Tenants usually do not have to come up with the money for unexpected household repairs.
  • It may take only a few days to find a rental property, get approved, and have a move-in day
  • A rental property means you are not attached to it other than your contractual obligations. It can usually be renewed or let expire on a yearly basis, making it easier to pick up and go to the next dream home.

CONS

  • When renting a place, tenants must adhere to landlord’s contractual demands.

    • Is it better to lease because it has more pros than buying? Not necessarily. The pride of owning your home is extremely rewarding. It is a tangible asset that grows with you. In south Florida real estate value increases much faster than the rate of inflation, making it an excellent investment. I have known people, over the period of 20 years they bought and sold about 3 times in south Florida, each time selling it for much more than they paid for.  It was that benefit that allowed them to build a nest egg for retirement.

     

    Conclusion: There is no right or wrong answer. Every case is personal and connected to individual needs. Just make sure a professional is on your side, as you navigate all the many steps that will be required to take, for you and your better half to find your next dream home! 

    .

    Tags: