Buyers need to have at least 20%-25% down to buy a condo at Sole if they plan to use a conventional financing option. They can also pay cash
How Does It Work?
-
Get pre-approved to get financing.
You need to get pre-aproved to get a mortgage if you plan to finance your condo at Sole. If you don’t have a mortgage broker you can contact us and we will put you in contact with our preferred one.
To have a pre-approval doesn’t mean that you are committed to buy. It just means that the financial institutions will lend you the money to buy.
-
Shop for your Condo at Sole
With your pre-approval letter on hand we will show you the units that are up for sale at the moment. We also will do a market analysis to find the “fair value” of the unit(s) you want. With that information you can make an offer.
-
Make your Offer
As your realtor, we will present the offer(s) to the sellers and help you in the negotiation. You will have at your service our full team of real estate professionals (financing, attorneys, etc). Any question or issue that arise we will help you resolve.
-
Buy the Condo:
After your offer has been accepted is time to make sure that everything is in order: inspections, legalities of the documents, etc. We have a full team of Real Estate professionals that will work in your team and make sure that you get any kind of surprises in the purchase of the condo.
-
Move and Live at Sole
Now that you own your condo is time to enjoy the life of downtown Ft Lauderdale. And because you are an owner you probably spend less money monthly than if you were paying rent. Plus you are building wealth. Every month you are paying off your condo.
Can I see the apartments for Sale without being Pre-approved?
No. The owners want to make sure that you are a real buyer. Also for security of the residents they don’t want people just “snooping around” the facilities or inside the apartments.
What does it means to get pre-approved?
It means that you a bank or financial institution will lend you the money for a mortgage. The amount they will lend you depends of your income and/or debt. Your mortgage advisor will let you more about the banks reach a number.
I want to Buy at Sole. What Do I do Now?
First please get pre-approved by our mortgage partners or your preferred mortgage company. If you want us to help you with that, please fill out our form.
Let us know when you have your pre-approval letter ready so we can show you the condos available for sale.
If you plan to pay cash just fill our form and we will show you the condos available for sale. You will need a letter from your bank stating that you have the funds to buy the condo.
Mortgage Calculation for a Condo at Sole
You will have to pay also Taxes, Insurance and Homeowners association. But even with those expenses you will hardly reach the average monthly rent of $2,300 for a 2 Bedrooms apartment.
Want to explore the possibility of buying your condo at Sole?
Contact us and we will put you in touch with a mortgage broker so they pre-approve you and you can buy your dream condo and Live At Sole.