Investing in Florida has become a personal goal for many investors, due to the boom in the ever-growing real estate market in this area. However, there are certain aspects that the investor must take into account and here we explain them in detail.

Many people are afraid when talking about investments, this may be due to different causes, such as age, the individual's current financial situation or simply the fear of failing in the investment. However, there are mechanisms that help us guarantee the success of each investment and good advice is essential for these cases.

It is likely that, if you are thinking about investing in Florida, you need financing that allows you to make the investment you want, which is why in this post we decided to summarize and explain the protocol required to opt for a  real estate financing in Florida.

Remember that a good comprehensive real estate advisor will be ready to help you. in the ability to guide you and help you streamline the entire process. Here We summarize the 7 steps to opt for real estate financing in Florida:

1. Get a financial pre-qualification: This document is issued by a bank or lender, which highlights the financial capacity for which you could opt, this can vary depending on the financial status of the individual. Remember that, up to this point, your documents have not been verified, so it is advisable to request a bank pre-approval.


2. Find the Ideal Property: This step requires a balance between what the investor wants to buy and what they can buy, therefore, it can consume a little time. However, the help of a real estate advisor would be very useful since they know the market in the area and will know which properties to offer you according to your capabilities.


3. Execution of contract: Once the ideal property has been found, a purchase-sale offer must be made, which consists of making an offer on your part (as a buyer), addressed to the owner of the current property, if this is According to the offer, a purchase-sale contract is signed, which is signed by the parties involved in the process. From this moment on, said contract will be considered an executed contract.


4. Application of financing: It is at this moment where the verification of all the documentation concerning financing in the banking entity begins. It should be noted that the verification processes are different when it comes to pre-financial qualification and pre-bank approval.


5. Assessed real estate: This phase clearly depends on the work carried out by your real estate advisor. This must We will provide you with an unbiased report, based on the property's current infrastructure, location and the current market in the area for similar properties. In this way it will be established the most accurate final value, which is vital if you want to sell the property later.


6. Bank commitment: Once the purchase-sale contract has been executed, the bank may You will have 30 to 45 days to manage and approve your financial request.


7. Protocol: This is perhaps the most satisfactory moment for the investor, since the keys to the property are given, the closing paperwork is signed and deposit the money to definitively conclude the purchase process.

These are the essential guidelines to take into account when investing, it is necessary to have the help of a good real estate advisor who will help you. facilitate each of the stages described above. The better your advisor's skills, the more your investment success is maximized.