From the beginning,
Naples was a city where people wanted to live. From the first motel created in the 1920’s, to present day, people have flocked to the area seeking its beauty.
With abundant white, sandy beaches and all the amenities you could ever want, these luxurious North Naples homes for sale are where relaxation rules. Naples is an outdoor lover's dream. It has the reputation of being the
Golf Capital of the World, with over 90 golf courses. It is also the answer for families seeking A-rated public schools.
Indeed, it is the "paradise coast" with everything you need for an upscale lifestyle. The key is to know what to look for when buying a house in North Naples.
Cindy Rosenfeld knows how to help you make the best real estate investment for your future.
Why choose Naples, Florida?
Unsurprisingly, people seeking clear blue waters and fantastic beaches flock to North Naples. Whether you like outdoor activities or fine dining, this area has everything.
Options are available to suit any budget or family size. You can enjoy luxurious community spaces and great public access amenities. There are also homes with customizable backyard spaces.
Our most comprehensive tips for buying a home in Naples
North Naples is a great place to live if you want to be near the Gulf of Mexico. It has access to top schools and other amenities. Knowing what to expect or what to prepare for can ensure you find the best property for your forever home or investment property. Our top seven best tips include:
1. Know your budget
When you're buying upscale homes in North Naples, finances will matter. Bankrate suggests you consider the following:
- Property cost.
- Down payment amount.
- Property taxes.
- Inspection fees.
- HOA fees.
- Home insurance costs.
- Upkeep costs.
It is best to understand other fees may appear along the way. Being prepared will ensure you don't overextend yourself, which could take the joy out of owning your new estate.
Once you understand the fees associated with homebuying, you must also figure out how much of a mortgage you will be qualified to receive. According to
USDA Mortgage Source, any mortgage over $726,200 in Florida qualifies as a jumbo loan. In the luxury real estate market, this may increase to $1,089,300. Speak with a lender to discover what applies to your situation.
If you need a jumbo loan, they will come with specific requirements. Requirements include being able to document all income and assets properly. It can be challenging for self-employed buyers.
If you are using the property as a second home, vacation home, or investment property, you may need to pay a larger down payment. Homebuyers with a jumbo loan may need to pay it off before taking another loan.
2. Location matters
Choosing your dream home depends significantly on your preferred location. Would you prefer a house closer to the beach or a lake in your backyard? Do you want to be near excellent schools, workplaces, shopping, or other amenities? How much time are you willing to invest in your daily commute?
You should narrow down the critical location features you want and search for properties that meet your specific needs. If you choose a home further away from the conveniences you want, your dream home may lose its appeal.
3. Your preferred home style
When buying upscale, you must first decide what luxury means to you. List everything that matters to you, your partner, and your family. Some of the top considerations are:
- Home style: Do you prefer a condo, single-family residence, open concept, etc.? Is it in a gated community, or do you want to avoid them? Do you require smart home convenience?
- Home size: How many bedrooms or bathrooms do you feel you need? Does it have a garage for your vehicles, or is it important? How much storage space will you need?
- Outdoor living area: Is it necessary for you to have ample outdoor space? Swimming pools or outdoor kitchens? Do you want a covered pool or the ability to put one up?
- Proximity to essential things: Again, location matters. List the areas you want to be close to.
In your list, you can add essential elements and negotiable items. Doing this lets you narrow your search and easily find your little paradise.
4. Look beneath the surface
We live in a world where technology is within our reach. This simplifies the homebuying process.
NAR states, "In 2020, 97% of homebuyers used the internet in their home search." Thanks to COVID-19, there is a reasonable assumption that the number has only increased.
As a prospective house buyer, use this avenue when looking for your forever home. However, you should not buy a property that you haven't seen in person. Walk through the home, and imagine yourself living there and what life would be like before you buy.
5. Be patient in your search
When searching for a home, patience is a virtue. Reportedly, approximately
47% of homebuyers first look for a house online. Buyers typically searched for ten weeks, looked at a median of five homes, and viewed only four homes online.
Owning a home is both an investment for the future and a significant expense. It would be best if you did not jump into it without carefully exploring what's available. Therefore, expect to look at several homes before deciding. You can use online viewing to shortlist properties, but you need to visit them in person to be sure they meet your expectations from pictures.
6. Be able to negotiate
When you find a home you love, negotiating is critical, even if you can afford the asking price. You can bargain with home inspection results and market changes in your preferred location. Often, a realtor will be the best person to ask about current market trends in their specialty area, which brings us to our final tip.
7. Choose your realtor carefully
A realtor can be a real benefit to anyone searching for a home. Not only do they fully understand the area they work within, but they may also have access to property sales not listed online or available on the market today.
It would be best to speak with several realtors to ensure you find one you're willing to trust to help you discover the right home. Ask questions about their expertise and knowledge of your preferred location. Remember, this is a person you will work closely with while searching for a home. You should be able to trust their advice.
Cindy Rosenfeld, your trusted luxury homes broker in Naples, Fla.
We understand buying a home is a big deal for our clients. Need help to transition from homebuyer to homeowner in North Naples? Cindy Rosenfeld can help.
Reach out to us with questions, whether based on our top seven tips or something else.
