Lake Nona Florida is one of the hottest areas of the decade.  Some communities in Lake Nona are just sizzling…

Lake Nona  Florida is a big draw for home buyers due to the planned Medical City that is on the cutting edge of the latest in technology. Lake Nona boasts new infrastructure and top rated Lake Nona schools.

Once you see it you will understand why Lake Nona is expected to draw the most residents and the biggest growth in Central Florida in the next few years.

There is a high demand for Lake Nona Real Estate. The high demand and limited supply is driving the home prices up and I expect them to go even higher…

5 Home Buying Tips for Home Buying in Lake Nona

1. Get Pre-Approved for  financing.

Have a reputable lender pull your credit, verify your documents and provide you with a “good faith estimate” of all your costs to acquire the Lake Nona Property.  Stay off the internet and don’t go to websites where you plug in your information and let dozens of loan officers compete for your business.  It is not uncommon for dozens of people to pull your credit or quote an interest rate that does not exist.

Know who is pulling your personal information. We can recommend several reputable lenders if you like.

2. How much of a home do you need?

Home buying in general is usually a trade-off, regardless of the price range.   Figure out your “must haves” and “wants” are. Bigger is not necessarily better. Focus on a short  list of “must haves” and keep an open mind while you look.

3.  Be realistic about what you must have…

In Florida there are no basements so space and size do matter.  Big yards in Lake Nona are scarce, and  Florida bedroom sizes may be smaller than what you are used to, so try to stay flexible.  In Lake Nona Florida, the outdoor living space is almost as important as the indoor living.

4.  Expect some home buying competition.

When Lake Nona homes are in demand, the supply shrinks and sellers are not as negotiable.  Many properties get multiple offers, so you might end up in a bidding war.  In that case, you have to keep your offer “clean” and not muddy it by asking for things that you can live without.

5.  Last but not least, hire a TRUE buyers agent.

Don’t call the listing agent who works for the seller…hire an exclusive buyers agent that represents only you and has no motive to push you towards any particular Lake Nona property.

This one decision alone can make your home buying experience in Lake Nona a simple pleasure, and there is no added cost to have an agent on your side.

We specialize ONLY in helping home buyers find the best home. For a no hassle, no pressure, smooth  transaction, call us for home resales and all new construction opportunities in Lake Nona….407-539-1053