If you would to own a high quality, custom Florida home but worry that you won't be able to afford it, there is good news. If you time your purchase right and research all of your available finance options, you can negotiate a purchase price that fits your budget.



What is the best time of year to buy a custom built Florida home from a homebuilder?

The Florida real estate market reaches its peak activity during the months of April through August. This is ?high season? for home sales, and more often than not, buyers are paying premium prices for their homes during these busy months. During peak months sellers can afford to hold out for the highest offers and great deals become harder and harder to find.

Florida real estate sales begin to drop off in September and October, and reach their lowest point during the months of November through March. This is the time of year that builders offer incentives such as greatly reduced sale prices and free upgrades to try and sell homes when the market is slow, and the smart home buyer can find some truly fantastic home deals. You can afford more than you might think if you plan your purchase timeline to coincide with the slower season.

Make a list of builders offering homes in your desired neighborhood and visit each one. Shop around to find the best features available at the lowest prices. One caveat: don't sacrifice quality for a lower price tag. Always make sure you are buying from a reputable builder who uses only the highest quality materials and can provide solid references.

Can buying a Florida custom home actually save you money?

Believe it or not, it can. You may think that because you can purchase an existing home for a lower price than you would pay to have a custom home built, you are making the smartest financial decision. But this may not be true. Many buyers of existing homes fail to take potential repair costs into consideration when calculating the total cost of their targeted home. Older homes may need new wiring, plumbing, or appliances. They may be infested with termites or other insects. Overall square footage is usually significantly less on older homes, with cramped bedrooms and limited closet space. Updating old kitchens and bathrooms can also turn into a major expense.

The best time to learn about Florida home is before you're in the thick of things. Wise readers will keep reading to earn some valuable Florida home experience while it's still free.

When you buy a brand new custom home, you don't have to worry about repairs. Electrical and plumbing systems are up to date, heating and cooling systems are more energy efficient and cost less to run, and appliances are state of the art. Newer homes are larger and are designed with vaulted ceilings and rooms that flow together, creating the appearance of even more space. More windows offer the bright, airy feeling that only adds to the attractiveness and resale value of your home.

Lower insurance premiums with hurricane same homes

Many insurance companies offer significant discounts on policies for newly constructed homes; especially those built with additional hurricane safety features. Some homebuilders are offering homes built above Florida hurricane code requirements that can withstand a Category 4 hurricane. For insurance companies in Florida, this is very attractive. Talk with several insurance companies before you buy, and calculate these potential savings when deciding whether to build a new home or buy an existing home.

Is Cutting out the middle man a good idea?

An additional way you can save money on a newly constructed home is to go directly to your chosen builder's sales office rather than obtaining a realtor. If a builder does not have to pay the 3-6% realtors commission, they may be able to pass these savings on to you. If you feel comfortable negotiating your own home purchase, this is a great way to get more home for your money. You can also hire a real estate attorney to review all sales contracts and ensure that you are not left in a vulnerable position. This offers you protection as a buyer for a few hundred dollars rather than the thousands in commission a realtor earns.

Hundreds of families moving to Florida every day a new upgraded home is a wise investment.

Purchasing a newly constructed custom home offers a greater return on your initial investment. Buyers are attracted to the high quality construction, safety features, spacious, open floor plans, and state of the art appliance and feature packages that come with newer homes. So in essence, you can live in a beautiful, high quality custom home and have all of the benefits associated with a newly constructed home, and you have a home that will have a higher resale value in the years to come. Time your purchase right and deal directly with your Florida home builder, and you can have all of these advantages at a price you can afford.

Is there really any information about Florida home that is nonessential? We all see things from different angles, so something relatively insignificant to one may be crucial to another.