Practical Guide To Buying A Home In Tampa

Tampa, a beautiful scenic landscape, warm climate and a tourist hotspot, it’s no wonder that it’s becoming one of the most popular places to live.

As Tampa’s real estate market continues to favor the buyer, purchasing a home for yourself right now can get you the most optimum price as it doesn’t take much time for the market to flip completely.

It’s also considered to be one of the most affordable cities in Florida. You can find homes starting from $5000 to as high as luxury homes. That’s even more incredible as you have MavRealty - the one stop address to find homes for sale Tampa, FL.

Well, if you’re planning to move, there are certain factors you should consider aside from contacting a real estate agent. We’re going to discuss the unique aspects of  home buying, especially when the location is Tampa!

4 Practical Tips For Buying A Home In Tampa  

1. Look Out For Sinkholes

The issue with Florida is that it has a number of sinkholes if compared to other states. The geological composition of Florida has provided fertile grounds for sinkholes.

A sinkhole under your home can mean a number of different things including negative financial impact! So research before if the area has any past issues with sinkholes. 

According to Weather.com, “Florida's peninsula is made up of porous carbonate rocks such as limestone that store and help move groundwater. When the dirt, clay, or sand gets too heavy for the limestone roof, it can collapse and form a sinkhole. Sinkholes are caused naturally but they can be triggered by outside events.”

Reports of sinkholes have been in areas such as Pasco County and Hillsborough County but don’t shy away from a property only because of sinkholes, research well before you buy a house!

2. Look Out For Floods

See if the house you’re planning to buy is located on flood plain or not! Also, check if there have been any flooding previously in the region during heavy rains. 

Heavy downpours are regular during summer and hurricanes can cause storm surges that flood coastal areas. 

One way to make sure about the flood prone areas is by checking the insurance rates as the regions with high flood probability with have high insurance rates.

Home insurance does not cover flood damages but separate flood insurance can be purchased if it really turns out that way! Keep in mind that you’re also eligible for Federal Emergency Management Agency's National Flood Insurance Program, depending upon the location of your home.

3. Look Out For Your Needs

What are your needs? Are you in need of a more functional house or are you inclined more towards the aesthetics? Every buyer is different and their needs are also different.

Also, the neighborhood matters as well. If you’re planning to raise a family, you’d definitely want to check your neighborhood!

You could also be doing an investment and renting it out! Also, retirement sounds fun in Tampa. Try to answer as many questions as possible and you’d have an answer quickly.

4. MavRealty to Help You Out

MavRealty is a full-service real estate firm headquartered in Clearwater, FL with offices throughout Florida and Arizona. 

It provides an interface for buying and selling homes for our agents and their clients by combining human interaction with the touch of technology.

Try it out today at mavrealty.com

Conclusion

So, if you’re looking for homes for sale in Tampa,Florida you’re in luck because MavRealty is here to help you out.

Just type in your search queries and filter the results to see your desired results. It’s as simple as that!

Or simply call us at (727) 314-3942