Are you a developer looking to purchase real estate in Southwest Florida? If so, you may be interested to know that there are a number of special programs available to help you do just that. From the USDA 502 loan program to the FloridaHousingSearch.org website, there are plenty of resources available to make your real estate purchase easier and more affordable. The USDA 502 loan program is a government-backed program offered by the Department of Rural Housing and provides many advantages for first-time buyers in Naples, Fort Myers, Cape Coral, and other areas of Lee-Collier County. This program allows first-time homebuyers to purchase a home with 100% financing.
In addition to the USDA 502 loan program, FloridaHousingSearch.org is another great resource for developers looking to purchase real estate in Southwest Florida. This website offers rental property owners, including providers of urgently needed affordable and special needs housing, a place to advertise their properties. The regular review of all real estate properties and the identification of leftover land helps to ensure that the agency directly dedicates public assets to its multifaceted responsibilities. Pursuant to Section 270.11 of the Florida Statutes, the sale will be subject to a reservation in favor of the TRUSTEES of an undivided interest of three quarters and an undivided interest of three quarters in all phosphates, minerals and metals that are or may be in, on or under the subject land and an undivided interest of half in all oil with the privilege of extracting and developing it in accordance with Section 270.11, Florida Statutes. In addition to these resources, there are also a number of academic programs available at Florida Gulf Coast University (FGCU) that can help developers gain a better understanding of real estate finance and development.
The FGCU Institute for Real Estate Development (26% Finance) was established in the summer of 2003 with the help of an advisory committee composed of leaders from the real estate development industry and related fields. Current academic offerings include a concentration in real estate finance within the specialty of finance and a specialization in real estate, which is open to all FGCU students. Finally, developers looking for luxury real estate should consider STOCK, a diversified, family-owned real estate company celebrating more than 20 years in Southwest Florida. STOCK has redefined the concept of luxury real estate with an impressive portfolio of residential, commercial and mixed-use properties. To improve its service to homeowners, STOCK's portfolio of residential real estate companies includes Pizzzz Interiors, Serenity Pool & Spa, Noble Title & Trust and Stock Financial. In conclusion, there are plenty of resources available for developers looking to purchase real estate in Southwest Florida.
From government-backed loan programs to academic programs at FGCU and luxury real estate companies like STOCK, there is something for everyone.