Dorita Mayeux | Belleair Real Estate, Largo Real Estate, Clearwater Real Estate

Purchasing a Florida luxury house is a dream come true for many homebuyers. However, enjoying a fast, seamless homebuying experience sometimes can be difficult, particularly for homebuyers who fail to plan ahead for the homebuying journey.

Lucky for you, we're here to help you quickly and effortlessly shop for a luxury house in Jacksonville, Tampa Bay or any other Florida city or town.

Now, let's take a look at three tips to help you identify your ideal Sunshine State luxury residence.

1. Know Where You Want to Go

Would you prefer to reside only minutes from Disney World? Or, do you want to purchase a luxury house in bright, vibrant South Beach? Think about where you'd like to relocate, and you can narrow your Florida luxury home search accordingly.

Oftentimes, it helps to consider luxury houses in several cities and towns across a specific area of Florida. This will enable you to hone your luxury house search, increasing the likelihood of finding your ideal Sunshine State luxury residence in no time at all.

2. Establish a Homebuying Budget

The price of a luxury home in Gainesville may prove to be significantly less than the price of a similar luxury house in Fort Lauderdale. Thus, you should establish a homebuying budget to determine exactly how much you want to spend to acquire a Sunshine State luxury residence in the city or town of your choice.

It generally is a good idea to meet with banks and credit unions to explore your jumbo mortgage options too. These financial institutions can teach you about a variety of jumbo mortgage options. And once you have a jumbo mortgage in hand, you will know precisely how much money is available for your Florida luxury home purchase.

3. Collaborate with a Real Estate Agent

When it comes to searching for a luxury home in Miami, St. Augustine or elsewhere in the Sunshine State, there is no need to work alone. Thankfully, you can hire an expert real estate agent to guide you along the luxury homebuying journey.

Although many real estate agents are available, it is essential to hire one who boasts Florida luxury housing market experience. Because if you employ a real estate agent who knows the ins and outs of the Sunshine State luxury housing market, you can streamline the homebuying process.

A real estate agent with Florida luxury housing market experience will make it easy to discover your dream residence without delay. He or she will keep you up to date about new luxury residences that match or exceed your expectations. Plus, if you want to submit a proposal on a Sunshine State luxury home, this real estate agent will ensure you can make a competitive offer.

Perhaps best of all, the right real estate agent is happy to respond to any of your luxury homebuying concerns or questions. This housing market professional will ensure that you can make informed decisions throughout the homebuying journey as well.

Ready to acquire a terrific Florida luxury home? Use the aforementioned tips, and you can move one step closer to purchasing a top-notch Florida luxury house.

Every Florida homeowner knows that they need home insurance, but the details can be foggy. Home insurance protects your investment in your home and your possessions. Your mortgage company will expect that you purchase home insurance before you’re even able to secure a loan. Your home has a fair value. That’s the number amount in coverage that you’ll need for your home loan. This value is determined based on the price that you bought the home for. 

Policies Differ Greatly

You’ll need to look at your home insurance policy very carefully. The terms can vary based on the company, the area you live in, and how much coverage you choose. Many plans will only cover the exterior or the interior of your home. Certain types of natural disasters like floods or earthquakes may also require add-ons to the policy. Most policies include the following:




Damage from lightning

Damage from hurricanes

Tree damage

If your property does suffer a loss, your insurance company will first give you an estimate of the damage. Then, they’ll pay you so you can get the damage fixed. Your insurance company can even recommend certain professionals to you for the repairs to be made. In extenuating circumstances, your property may need to be rebuilt entirely.

Insurance Doesn’t Cover Everything

There are certain things that your home insurance won’t cover. Living in Florida, you may want to take a closer look at your policy. While your home insurance may cover damage caused by a hurricane, it won’t cover flooding or water damage. You may need to add things to your home insurance policy to cover yourself. Keep in mind that home insurance doesn't usually include routine home maintenance.  

The Interior Of Your Home

Your home insurance will cover most of the contents of your home. These items include furniture, electronics, clothing, appliances, and other belongings. If your dishwasher breaks, you can’t call your insurance company, but if a tree falls on your home and your dishwasher is affected, your insurance company can certainly help you out.   

Each Policy Covers Something Different

You may be surprised at what your home insurance policy does cover. Your insurance may include things that aren’t in your home. If your diamond tennis bracelet is stolen while you’re on vacation, you can call your home insurance company even if the item wasn't in your home at the time. Depending on the type of policy you have you may have partial coverage for many of your more expensive possessions no matter where you take them.