For an overseas (e.g. UK) Buyer, the local expertise and guidance of a Buyer’s Agent is especially valuable – and arguably essential, given the earlier stage at which contracts become binding. Otherwise, for example, how does someone new to the culture, business practices and legal requirements know the risks they may be taking and the rights to which they might have recourse in a potentially expensive and complicated transaction?”
It’s a market which was made for the phrase “Buyer Beware”. Not everyone in the market is entirely above board, there are many pitfalls, and there are even more examples of new owners who find out the pitfalls the hard way – when it’s too late to avoid them, after they have purchased.
For more information specific to UK buyers, click here: Buying Florida Property.