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Melbourne Florida Real Estate
Looking to retire to the sunny south? Many Canadians do retire in the southern US and find the experience rewarding and relaxing. If you have the equity in your home to allow you to purchase Florida real estate, Whether it is Florida, Texas, South Carolina, Alabama, Arizona, or California there are some great real estate opportunities. If living in Melbourne or near the Orlando area is your goal, maybe we can help. You need a reliable and professional Florida Real Estate agent to help you find the best available properties in Melbourne whether resale or new construction and we can help connect you with a competent Remax agent.
Buying Real Estate in Florida
A record number of Canadians are searching for and buying Florida Real Estate. From Melbourne homes to Sarasota condos, Miami condos, and Fort Lauderdale, to vacation homes in Orlando and Fort Myers, a impressive array of properties are available. Remax of course, is your best source for Florida Properties. Melbourne is located in Central Florida east of Bradenton and south of Orlando.
Florida Foreclosures and Bank Repossessions
Realty Trac, an online marketplace for foreclosure properties just released its report on Foreclosures in the US. It reports a total of 1,961,894 foreclosure filings — default notices, auction sale notices and bank repossessions. These foreclosure filings were on 1,654,634 U.S. properties in the first six months of 2010. This is a 5 percent decrease in total properties from the previous six months but an 8 percent increase in total properties from the first six months of 2009. With respect to Florida real estate, 277,073 properties received a foreclosure filing in the first six months of 2010. Florida had the second highest total of any stately. First-half foreclosure activity in Florida decreased nearly 9 percent from the last 6 months of 2009 but increased 3 percent from the first months of 2009.
It would appear that if you're looking for a bargain via Florida Foreclosures and ban repossessions, you might still find the Florida market active. Another avenue to find properties at bargain prices is to use a Florida realtor to find distressed properties. The owner may take a low but timely bid or work with you to take over the property financing.
Google Map: Melbourne Florida
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Florida Retirement News
Canadian Can now get Health Insurance in the States
Canadians with pre-existing health conditions who were thinking of a Florida Retirement, are now able to apply for health insurance in the US. The Globe and Mail has reported that a new Health Bill called the Pre-Existing Condition Insurance Plan, as part of the Affordable Health Care Act was passed by the US government, and will allow Canadians to receive US health insurance, after certain conditions are met.
Robert Keats, author of The Border Guide said, “When you move to the U.S., you actually get your Old Age Security; it’s not clawed back any more, so that’s $6,000 a year or $500 a month. Plus your Canada pension, a portion of that comes tax-free, and then you pay a lower tax on the part that you pay tax on. So between the Canada pension, tax reduction, and the Old Age Security not being clawed back any more, that is usually more than enough to cover health insurance for a Canadian in the U.S.
Other Florida communities: Beverly Hills, Boca Grande, Broward County, Cedar Key, Avon Park, Winter Park, Dunedin, Everglades City, Florida Keys, Destin, Daytona Beach, Englewood, Homestead, Delray Beach, Lakeland, Longboat Key, Key Largo, Kissimmee, Key West, Indian Shores, Lakewood Ranch, Land o Lakes, Kendall, Oviedo, Palm Harbor, Panacea, Ocala, North Naples, Neptune Beach, Siesta Key, Seaside, Sanibel Island, St Petes Beach, Sunrise, Tampa Bay, Royal Palm Beach, Winter Park, Valrico, Titusville, and Tarpon Springs.
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