6 Ways Orlando (FL) is An Ideal Choice for First Time Home Buyers
The debate about renting and owning a house will go on forever, but, if experts are to be believed, buying has significant benefits over renting. When it comes to home buying, Orlando tops the list of top ten most attractive cities in the U.S for first time homebuyers in 2016 according to The Money Source. The city of Orlando is nicknamed “The City Beautiful”, and for good reason — it’s home to some of the most amazing locations, vibrant culture, good culinary scene, and more!
Here are 6 more reasons why Orlando is an ideal choice for first time home buyers:
1. Unmatched Educational Opportunities
Orlando is home to more than two dozen public and private colleges and universities. The presence of so many higher education choices helps in the economic development of the city along with improving the city’s quality of life.
2. Quality of Life in Orlando
Orlando enjoys a year-round sunny and mild climate that allows its people to engage in a number of outdoor activities such as biking, water sports, etc. The best thing about Orlando is that it is very close to Florida, so you can enjoy all the advantages of staying close to a state that offers a plethora of opportunities for its residents.
Orlando also has a rich cultural heritage so while in this city you can enjoy music, theater festivals and much more. Go out on a shopping spree with your friends and family and make the most of your weekends and holidays at The Florida mall, The Mall at Millenia, Orlando Fashion Square, etc.
3. Explore the Wide Range of Employment Opportunities
Orlando is the major industrial and hi-tech center, with a very low un-employment rate. With a wide range of industries existing in this area that range, the growth opportunities are many. The tourism and entertainment companies such as Disney and Universal also keep attracting millions of tourists from all round the globe every year and ensure a strong economic growth. For first time home buyers, it is a great opportunity, since they can overcome the hurdles of home buying (such as arranging down payments, bearing closing costs, etc.) easily by choosing to stay in Orlando.
4. Get Access to a Plethora of First Time Home Buyers Program
Apart from offering a high quality of life and excellent employment opportunities, Orlando offers a myriad of home loan options for the first time home buyers. Some of these are:
- FHA Loans:
- SHIP Assistance
- USDA Financing
- Specialized Loans (Community Development Loans)
- Neighborhood Stabilization Program
5. Best in Class Medical Services
While in Orlando you get access to the best in class medical services. The city is home to state-of-the-art hospitals, nursing home and medical institutions which provide all kinds of medical assistance to the people. The Orlando Health and Florida Hospital are two major non-profit hospital systems, where you can find highly qualified doctors.
6. Orlando is Fairly Safe for First Time Home Buyers
Orlando has a population of 262,372 and thus the crime rate is high to some extent compared to other smaller communities. However, with help of the right realtors you can find your desired home in places where the crime is close to zero. You can also find some of the best deals that will help you buy the best properties within your budget.
Looking forward to buy your first home in Orlando? Give us a call to know more about the best home buying options in Orlando.
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