Your real estate french-speaking agency to buy in Miami, Miami Beach and Fort Lauderdale, Florida.

Single family homes, Condominiums, Townhouses. Everything to dwell in but above all, to invest in !

The required documents and common overhead costs regarding financing in Florida

Tel. (1) 954 822 8839 or dial 01 60 08 20 71 =

(local call cost from France)
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FRANCK LEBLOND Florida Real Estate Associate LICENCED

Financing

Mon Appart à Miami
Realty Group of Miami
The Yacht Club South Beach
90 Alton Road, TH-South
Miami Beach, FL 33139

The financings allocated to the non-residents are up to 60%.
These loans are granted because the estates are secured with mortgages.

Necessary documents you need to get a loan
3 letters of referrals and written in english (Click here for models ) :

A letter from your bank stipulating the date of the opening of your account (the banks like to read a minimum period of time of 2 years) and saying it has never encountered any problems (account in good standing).

A letter from your employer specifying your seniority (they still like to read "2 years") along with your salary amount.

A letter from either a creditor or supplier with whom a credit is in progress saying the payments have always been made on time.

Copy of your passport.

Copy of your I94 visa (the green or white coupon the officials handed you when you've arrived at the U.S. Border).

Appraisal of the property : $350.

File fee : $350.

Registration fee : $60.

Banking fee : $750 (according to the banks).

Title Insurance : about 1.5% of the purchase price.

Hazard and flood Insurance (for the villas solely).

Florida State Docs Stamp taxes : (x 0.0055) from the amount of the loan.

* THERE IS NO NOTARY'S FEES HERE IN FLORIDA

There aren't really notary's fees in Florida the way we know it is in France.
Indeed, the overhead costs are paid by the seller. The buyer doesn't pay taxes unless he/she gets financing.