The Process

With the right Realtor®, navigating your way through the purchase process can be easy. We can provide you with all of the information you need including property taxes, closing costs and all other guidelines required.

Banks have many different lending programs for Canadian buyers. Often the banks are asking for as little as 25% down. We can also help to get you pre-qualified for a loan.

It is common practice here to have the seller pay closing costs so that will drastically lesson the amount of upfront dollars for you. Properties are also often sold furnished. Once you have your property, Allied Property Management Group can assist you in renting our your property either seasonally or annually.

When purchasing a property in Florida, you will first write an offer and then give your deposit money, to an escrow agent. Your escrow agent is then legally obligated to hold your deposit until one of two things happen. Firstly, the seller hands over the deed conveying title and a “Guarantee” that you do, in fact own the property.

Secondly, if the deal falls through, the agent ensures that your deposit money is returned to you. When the escrow agent determines that all is in order, the deal will “close”. At this time your money is exchanged for the title to your property and you will than receive the keys.

There are “Title” insurance companies in Florida used to make these “Guarantees”. Your lawyer will supply you with a policy issued by one these companies. Research is done to ensure that the company chosen is well known and solvent. Further research id done to ensure the Florida seller owns the property and that there are no claims or liens against the property. (In Canada this is known as a title search, rather than a guarantee).