Your Home in Florida. Guide for International Buyers

Your Home in Florida

Guide for

International

Buyers

2

Your Home In Florida

GUIDE FOR

INTERNATIONAL BUYERS

STEPS TO

BUY A

HOME IN

FLORIDA

BUYING

WITH US

WHY

ORLANDO?

PROPERTY

STYLES

TOP VACATION

HOME

COMMUNITIES

RETURN ON

INVESTMENT

.

Why You Should

Buy a Home in Orlando…

“Orlando is not only an incredible place to vacation, invest and live and here are a few reasons why:

Orlando is the 3rd most competitive U.S. location for business, 2nd fastest growing major metro in the

U.S., Top 10 "American City of the Future", #5 leading metro in job creation, 4th U.S. city most Americans

are moving to, among many

more”

NUMBER 1 FAMILY VACATION DESTINATION IN THE WORLD: Orlando

welcomed an astonishing 62 million visitors in 2014, breaking the previous

record of 59 million visitors set in 2013.

STRATEGIC LOCATION: Orlando is the heart of Central Florida. It is

less than an hour from the famous beach in Cocoa Beach, Port

Canaveral and the Kennedy Space Center; and a couple of hours St.

Augustine, Daytona and Miami.

AMAZING LIFESTYLE: Orlando offers irresistible lifestyle options for virtually

everyone. One of the fastest-growing major metros in the country, Orlando

boasts both high-rise luxury living and distinct neighborhoods, a

state-of-the-art performing state-of-the-arts center, sophisticated dining and a sports arena that plays

host to the NBA’s Orlando Magic in the downtown core, all with the sparkling

backdrop of nightly fireworks from world-famous tourist attractions.

This is a welcoming, uniquely livable community offering small-town charm

with big-city amenities.

REAL

ESTATE

AT

UNBELIEVABLY

AFFORDABLE

PRICES:

Orlando offers the opportunity to own properties at incredibly low

prices, compared to other cities. Plain and simple, you get a lot for

your money! Which makes it the perfect place to invest in real estate.

In addition, with the currency exchange fluctuations in some

countries, it makes sense to have an investment in US Dollars, and

own in a place like Orlando, where rental success is already proven.

Contact one of Urban City Realty agents for further

information. www.UrbanCityRealty.com

4

Steps To Buy

Your Home in

Florida

It is always good to know the steps you need to

take into consideration when buying a real

estate property in Florida. We are here to guide

your through those steps, and make sure they

become enjoyable.

1

2

3

When you start looking for a house to buy,

first look for the right partner to guide you

through the process of buying a home! Be

sure to look for a Real Estate Agent who is

professional, knowledgeable, experienced

and licensed.

.

(If you buy the house in cash you can skip to Step 3)

Start looking for a home without knowing how much you

can spend, is like trying to reach a destination without

direction. Buyers often they start searching for a home

before they know how much they can afford to spend or if

your bank will finance the purchase. The best thing to do is

to get pre-approved for a mortgage loan, which is a very

easy and quick process, before you begin your Search.

Finding your dream home is

usually the best part of the

experience of buying a home.

Before you begin, you must

determine what kind of home

you

want:

Detached

single

family home, townhome, villa

home or condominium.

4

Depending upon the type of

home

you

are

purchasing

(already existing or a to-be-built

home), you can anticipate that

your Closing will take place

anywhere from 30 to 120 days

from

the

signing

of

your

purchase agreement. As you

prepare for your Closing, there

are a number of things you will

need to do. Your real-estate

agent will walk you through the

closing process every step of

the way to ensure that your

Closing

is

timely,

easy

and

smooth.

5

6

7

(If you are going to purchase your home with cash, you can skip this step.)

With U.S. mortgage rates low, many international home buyers choose to finance their

purchase. Not all lenders in the U.S. offer home loans to foreign buyers, but this type of

loan is available. An international home buyer should expect to pay between 25% to 30%

of the value of the home being purchased, as a down payment. As the borrower, you will

be asked to provide documentation to show sufficient income, bank statements, reference

letters from your banking or credit institution, and two forms of identification. Also, it is

beneficial to gain an understanding of lending fees, insurance costs and property taxes.

Total closing costs are typically 2 to 5 percent of the loan amount.

When you have located your

home, in the community you

love, you will work with your real

estate agent and make an offer

to purchase. Once approved, you

will supply the seller an earnest

money deposit along with a

pre-approval letter from the bank and

proof of available funds. Your

next

step

will

be

to

get

a

mortgage to make sure you can

finalize your purchase, unless

you are paying all cash

.

CLOSE ON YOUR HOME

The Closing is your final step in becoming a U.S. homeowner. On the day of your

Closing, everyone involved finalizes the purchase agreement and transfers

ownership of the home from the seller to the buyer. For an international buyer, the

Closing can take place without you, the buyer, being physically present in the U.S.

The buyer would simply assign

“Power of Attorney” to the buyer’s lawyer or another

representative who would then close the deal on the

buyer’s behalf. This is a

common practice done throughout the U.S. You Are Now A U.S. Homeowner.

Congratulations. And Welcome Home!

GET A PROPERTY MANAGER

As specialists in our business we know that choosing someone to

take care of your investment requires trust. You're placing your

precious home in someone else's hands. Your property

management company will manage every aspect of keeping your

vacation rental booked and ready for guests and owners to enjoy.

Their goal is to enable you to make the most revenue from your

rental home without having to do any of the busy work involved

with managing and operating it. When the time comes to choose

a property management company we will provide you with the

most reliable one for you to choose!

6

CONDO

SINGLE

FAMILY

TOWNHOME

A sharing home.

A home sharing

common wall with at least one

other property.

A detached home

They show faster

appreciation, Higher rent and

occupancy short-term rental. They

normally offer private screened-in porch

Multi-floor building.

Low Rise – typically 3 stories or less

Mid Rise – usually 5 to 9 stories

High Rise – typically 10 or more stories

Types

Of

Top

Vacation

Home

BellaVida

Resort offers

private, peaceful living in

the heart of one of the

most desirable

Sonoma Resort

is

conveniently located next to

"The Loop", a premier

shopping and entertainment

mecca. . It offers exceptional

amenities with resort style

living

Champions Gate

is the newest

and most exciting vacation home

resort community in the

Orlando/Kissimmee area. One

of the most successful

communities to be built in the

short term rental market.

12

Festival

Resort

a

private

resort

community only 5 minutes to Walt

Disney

World.

Private

gated

neighborhood

surrounded

by

200

acres of natural woodlands & lakes

and Amazing resort amenities.

Greatest

Resort

Amenities

Storey Lake is

the resort we

describe as the

one that’s got it

all

Just For

You and

Family

STOREY LAKE!

New Lake front

vacation home

resort. Perfect for

you and your Family

Imaginative &

Contemporary

Resort

Storey Lake features 4 and

5 bedroom pool

townhomes and 5 and 6

bedroom pool homes.

Enjoy

Resort

pool

Get Ready to enjoy a

fantastic gradual-entry

huge pool, water slides,

spas, kiddie pool and

much more..

14

Exclusive

Resort

Amenities

It will include 3

story clubhouse

with upscale

restaurants, lounge

and bar.

Watch

Video

With millions of

dollars spent in the

development of

Encore, see what it

all has to offer.

Gated

Community

within Reunion

Encore Resort is offering

4-10 bedroom vacation

homes offering short term

rentals capabilities.

There’s

more than

just a pool,

It will have its own

waterpark, Sand Volleyball,

tennis & basketball court

Example of return on investment scenario

RETURN

On INVESTMENT

1

Purchase price

$300,000

2

EXPENSES

Expenses

Monthly

Yearly

Property Taxes

Property Insurance

Home Assoc. Fee

Utilities

Phone, Cable , internet

Repairs, Maintenance

Yard Maintenance

Pool Maintenance

Management Fee

Annual Licenses

Cleaning Fee (1pre Res)

Rental Commission

Credit Card Fee

300.00

75.00

350.00

250.00

50.00

100.00

20.00

90.00

100.00

$100

20%

2%

3,600.00

900.00

4,200.00

3,000.00

600.00

1,200.00

240.00

1,080.00

1,200.00

250.00

3,000.00

9,450.00

945.00

14,845.00

3

Weeks Rented

30 Weeks

Yearly

Average Daily Rate

Family & Friends Savings

Total

Total Annual Expense

Total Annual Return

225.00

4 Weeks

47,250.00

6,300.00

53,550.00

29.665.00

23,885.00

Closing Cost

$10,000

Furniture Package

$25,000

Total Investment

$335,000

*Income & Expenses figures are considered estimate

Lake Nona

Medical City

Lake Nona

is a 7000 acre mixed use planned

community within the city limits of Orlando. Also

known as Medical City, Lake Nona has it all! Modern

neighborhoods that appeal to a diverse array of

lifestyles, recreational facilities, retails centers and an

emerging biomedical research and educational hub

which includes the University of Central Florida

College of Medicine and Health Sciences Campus,

Sanford-Burnham Medical Research Institute, the

Orlando VA Medical Center, Nemours Children's

Hospital and a University of Florida Research and

Academic Center.

Most of the newcomers here are very affluent and in

the upper middle class, settling for the proximity to

Orlando's emerging Medical City in Lake Nona.

.

MOST DESIRABLE COMMUNITIES

in Lake Nona

Laureate Park

Now open and featuring homes with modern transitional architectural styles and an abundance of intelligent forward-thinking components, this altogether wired-in, future-evoking community has some of Orlando’s most intelligent minds as its neighbors. Located near Lake Nona’s Medical City, Laureate Park will give its residents the opportunity to realize that not all neighborly chit-chat has to revolve around the weather.

Lake Nona Golf

and Country Club

One of the most exciting and inviting private golf and country club communities in the world, Lake Nona Golf and Country Club is a private sanctuary of luxury real estate offering a wealth of world-class amenities nestled along the shores of Lake Nona

.

VillageWalk

Bringing a new concept in living to Lake Nona and Central Florida, Pulte’s VillageWalk at Lake Nona offers resort-style homes in a unique neighborhood design where waterfront property is the norm. Streets are connected by quaint bridges forming a walkway to a Town Center that provides an excellent neighborhood gathering place with conveniences such as a café, salon, day spa, home goods boutique, gas station, and a full-time activities director.

Enclave at VillageWalk

Enclave at VillageWalk features Life Tested Executive home designs starting from the high $500’s. All of our floor plans are Life Tested, which means they’re built for the way you live. At Enclave at VillageWalk you’ll enjoy open gathering areas perfect for entertaining, improved storage, spiral staircases and 10’ ceilings. This private, gated community features 3-car garage homes with tile roofs, paver driveways and lead walks as well as 70’ wide home sites.

Somerset Park

Opening in the Spring of 2015, Somerset Park is a gated neighborhood located in the west portion of the Lake Nona community. Home collections from Century Homes and M/I Homes will bring a wide variety of choices for homebuyers.

NorthLake Park

Located in the northernmost section of Lake Nona, the 500-acre, neo-traditional NorthLake Park community is home to a host of excellent amenities including an award-winning A-rated elementary school and YMCA all under one roof, an outdoor Olympic pool, soccer fields, basketball and tennis courts and a neighborhood dog park. Single-family and multi-family homes, as well as apartments are planned throughout this region..

BUYING WITH US

We understand that every client has particular needs and preferences and that every transaction and every property is unique. Working with Urban City Realty

you can rest assured that we are more than your Realtors representing you in the purchase of your home in Florida, we are your partners. Vacation, investment

and retirement home buyers in many cases live overseas, and we understand that you need someone reliable and trustworthy to be your eyes and ears during the

purchase process.

From the start:

We will

help you find the "right"

home

based

on

your

wants

and

needs,

by

working

together

and

utilizing

our

expertise

and connections in the

real estate industry.

Financing has never

been

easier:

Throughout the years

we have amassed a

list

of

the

best

lenders

who

specialize

in

loans,

both

foreign

and

domestic

Negotiate

contracts

and terms:

We have

hundreds of contracts

under our belt.

We

will help you to get the

best price and terms

regardless

of

what

property you choose.

Overseeing the process

from A to Z; properly fill

out contracts, meeting

deadlines, and staying

in contact with both the

lenders

and

Title

Company to make sure

no issues go unnoticed.

After the sale: Regardless

of your need we have

connections in all facets of

the business to ensure a

smooth

process

both

during and after the sale.

(Accountants,

Insurance,

Property

Management,

etc.)

Are you considering moving to central Florida

and buy a business? We are experienced and

licensed Business brokers of Florida and we

specialize

in

assisting

individuals

and

companies

search

for

Florida

Businesses.

Whether you are looking to obtain a Visa, add to

your current business, or achieve the

‘American

Dream’ of becoming a business owner, you can

count on us!

Choose

Florida

For The

Right Investment

VACATION HOMES

– INVESTMENT HOMES

MULTI-GENERATIONAL HOMES –

TOWNHOMES

NOW IS TIME

TO BUY

Choose

Urban City Realty

For the Best in Business

www.UrbanCityRealty.com

Sandra Montano – Nuria Laso

info@urbancityrealty.com

Office: 407 801 9060

Connet us via

social

media

Lorem Ipsum is simply dummy text of the printing and

typesetting industry. Lorem Ipsum has been the industry's

standard dummy text ever since.

@google+id

*.twittername

linkedinid

#facebookid

/yutubeid

Let’s

Discuss

q&a

T H E

E N D