Thank you & congrats to all of our buyer friends looking for their 30A home or condo this Spring 2020! We are as excited as you are - and look forward to handing you the keys at the closing table. 

 

Along the journey and transitioning from a "looker" to an "owner", we understand there are plenty of questions and uncertainties that need to be addressed. Our Live 30A agents are here to help gather the answers you need, and walk you smoothly through the path to 30A ownership process. We also understand you have options when it comes to choosing a 30A real estate company & realtor to work with, so thank you for working with Live 30A! 

 

A Few 30A Buyer Questions You're Probably Having Right Now (Along with a few of our thoughts & answers) 

 

Is now (Spring 2020) a good time to buy a property on 30A? 

A: Spring 2020 is a wonderful time to buy a property in the 30A area for multiple reasons. Here's a few: 

- Potential to purchase a home before demand increases as other buyers come in town. As demand increases (potential buyers in town), sellers also tend to "hold" to their prices a bit tighter. 

- Potential to purchase the property with a summer of rentals on the books, yet before seller is cashing in. This gives you the opportunity to purchase, and begin collecting rental income almost immediately. And also gives you the opportunity to purchase before sellers start collecting income on the property. More for the new owners (you).

- Potential to purchase and make a place "your own" and book out your own vacation stays of 2020. As owner, you'll have the ability to cancel any future bookings in time for renters (for that specific week) to find a new 30a vacation home.

 

 

 

Where are the best places to buy right now? 

A: 30A is such a beautiful destination with plenty of little "pockets" of new development, hot spots, etc. Basically everywhere in the area is benefiting from beautiful renovations and new builds, but a few very interesting places to consider are Alys Beach, Kaiya Beach resort, Seagrove Beach, Seaside, South of 30A properties, and Blue Mountain Beach.

What's the first step & the process to buy a property look like? 

A: One of the first steps when you are interested in buying 30A real estate is choosing a great real estate company and Realtor to work with, like Live 30A. From there, we will want to begin getting clear and concise on what your family needs, wants, and realistically wants to pay for the property. To establish our budget, you'll want to go through the critical step of getting "pre-qualified" to see what your budget will be, or as a cash buyer - establish a "proof of funds" letter from your financial person. 

 

How much do I need to purchase and close on a 30A property? 

A: If you're financing a property, it will depend on the usage of the property - investment, primary residence, or second home. At minimum, you'll want to have at least 10-20% cash to purchase as close. On top of the purchase price for closing costs, you'll want to account for up to 5-10% closing costs. Homes on 30A currently have median market values between $550,000 - $1,500,000 with luxury homes averaging up to 2,500,000 - $4,000,000 and above for the largest and gulf front properties.

 

For additional answers to your questions - contact your Live 30A agents or email us at Hello@live30a.com

 

 Rosemary Beach Live 30A Real Estate buyer guide

 

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