A Brief Overview Of Old Naples Florida Real Estate

When you do a cursory search of the homes that are selling right now in Old Naples, you may not be prepared for the prices of homes in the area which are almost always over $1 million. You can find some deals at sites like www.oldnaplesluxuryproperties.com/ that are priced between $500,000 and $1 million, but these are likely condominiums or smaller homes. It’s just a beautiful area, one that puts you right next to the beach and ocean in some cases, an area that literally contains some of the most affluent people in the nation. Here is a quick overview of the type of homes that you will likely find, and a couple tips on how to save a little bit of money when you are making offers for homes in Old Naples.

Homes For Sale Right Now

An example of a typical home that is sold in this area would be a five-bedroom, four bathroom home at about 3500 square feet. If you were to purchase this outside of the area, in the state of Florida, this home would probably be valued at $400,000. However, this type of home, one that is not directly on the beach, can be priced at $2.5 million. What you are paying for is the privilege of living in what is recognized as one of the top five most affluent communities in the United States. It is similar to what you would experience if you were to travel to Beverly Hills or Palos Verdes California. Now that you know what to expect, let’s look at some options.

How To Potentially Get An Excellent Deal

In the same way that you would shop around for homes in Brooklyn or Manhattan which are priced at about $1 million on average, you are seeking sellers that have listed a property with a realtor that are willing to do anything to sell. People that are selling homes at this level understand that the number of buyers that may be looking is probably very limited. If they are in a hurry to leave, or if they simply want to cash out because they have inherited this property, they will work a deal with you if you are willing to come close to the asking price.

Other Ways To Save Money On This Real Estate

If your credit is good enough, you will be able to take out a loan for one of the properties in the area. If you are independently wealthy, it’s not going to matter if you save money or not. The type of person that is looking for a special deal is someone that is likely still working, and hopefully, can put down a sizable down payment on the home itself. By doing so, you can lower your monthly payment, and if you are able to present this cash at closing, this is something that actually motivates some sellers to take you up on your discounted offer. By having cash in hand at the time of closing, it is almost like a sign of good faith, and they will often reward you by selling their home to you for a lower price.

It really doesn’t matter how you work a deal to get discounts on Old Naples properties. There is always a way to work with a motivated seller. However, most people that move into the area will not be looking to save money. They are simply looking for the house that they want, and can simply purchase it, because they have the funds to do so. If that is you, take the time to make sure that you get the home that you want, whether this is directly on the beach, or closer to the more modern portion of Naples. There are always considerations to make when getting homes in this area, but wherever you are lucky enough to get a home, it will definitely be a great choice that you will never regret.