About Miami Real Estate
A second home:
About Miami Real Estate by Marguerite
Many people come to Miami for vacation and end up buying a second home here. It’s so close to South America and such a wonderful place for Canadians during their long winter.
For Europeans it’s a different culture and a great way to make a change for a while.
A second home is not an investment property as it’s not one that you will rent out. You can, of course and then it will become your investment property. See… Lots of flexibility here!
This is a very good time to buy. Interests rates are low. You can still find some affordable property in Miami. Prices have been going up and inventory is low so you will need a bit of patience and do researching.
But the truth is that Miami is a good place to have a first home or a second home. The airport is an international one and you will have a quick and easy access to anywhere.
Ok… Now that you know how to get out…Lets talk about why you should be staying in: The winter! It’s the best time of the year to be in Miami.
The time to buy? There isn’t ” a time to buy”. Many people think that the properties go down during the summer months because it’s low season. Interesting idea but it doesn’t work like that.
This summer (2012) we have had a low inventory of condos around Brickell and South Beach. So the time to buy is when you are ready to make the commitment.
Look for a neighborhood that you love. An area that has all the things that you need and want.
Get to know the area buy driving around and checking out the different blocks.
If you want to be near the ocean, make sure it’s a place that allows you to get there easily. Do you prefer to be near an area with an active night life? Do you want peace and quiet?
These are some questions you will need to ask yourself before you buy.
Marguerite, Real Estate Agent
Real Estate Miami 
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