Wednesday, May 07, 2014

Advantages of Buying a Home in Vero Beach Florida Now

Have your dreamed of living on a gorgeous coast in a sunshine state? Then seriously consider purchasing a home in Vero Beach, Florida. There is no better time to buy than now. Prices are incredibly low, and mortgage rates could not be better.

Vero Beach contains some of the most undervalued homes not only in Florida, but in the entire nation of the United States. If you want upscale, on-the-beach living, without the expensive price tag, then consider purchasing a foreclosed home in Vero Beach. Million dollar homes are going for $400,000 to $500,000 in Vero Beach. In addition, if you are a first-time home buyer, than you have up until April 30th to take advantage of an $8,000 tax credit in buying a foreclosed or new home.

One great example of the good deals you can find in Vero Beach is a 4 bedroom, 3 bathroom gorgeous family home being sold for $157,500. That is a fabulous deal in the market today. This home would only be minutes from the beach. Deals like this can be found at []

Even if you are a student fresh out of college, do not be persuaded that you are not "rich" enough to buy a home. Through finding a great deal on loans, you can easily take out a 15 or 30 year mortgage and purchase a great foreclosed home like the one described above. As a college student, you will have the edge to be able to get a tax credit. If you have a salaried career out of college, you will also have time on your side to be able to pay off a low interest mortgage.

Buying a foreclosed condo has never been easier in Vero Beach as well. For some reason, condos are incredibly undervalued right now, meaning lower prices for you. Realtors are doing anything for people to snatch up these condos, ultimately making prices work for you. If you want to purchase a very, very inexpensive condo, then you can even find condos for as little as $80,000 to $100,000. These condos will most likely require a bit of fixing up, but it may be worth it once the market bounces back and increases the value of your home.

Higher end, foreclosed condos will cost you anywhere between $150,000 and up. You need to be the one to weigh the benefits of a higher end condo with that of a lower priced condo. Higher priced foreclosed condos tend to be in safer areas and communities with amenities.

Ultimately, it's up to you to find a great home in Vero Beach now, before prices increase. Good luck, and refer to for some great deals.

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