Canadian home buyers coming to Naples
With the recent buyers market conditions, we are seeing a lot of Canadians this year coming to Naples to purchase property. Our clients are telling us that with the exchange rate, the huge inventory and the low interest rates they can’t pass this up.
Ruth met a residential mortage lender, Jack Sandelman from RBC Centura Bank, who has a speciality in dealing with the Canadian buyer and the differences in the approach to mortgages. Jack has put together a Canadian presentation in pdf form that you can download. I’ve taken the presentation and broken it down into three articles on our Naples real estate website. The first article deals with a side by side comparison of the procedures in Canada and Florida. In the second article, Sandelman goes step by step through a U.S. mortgage process to make sure everyone is familiar with the process. Finally, what services and procedures are expected in getting a Florida mortgage for a Canadian.
We appreciate our Canadian buyers and look forward, with Jack, in finding them a great Naples investment property.