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I’m new to buying a home, and I’d like to know how many different ways there are to buy one. I know you can either pay for one outright (cash…yea right!), get a mortgage and buy from the owner directly or through a real estate company. What are the other ways besides this?

2 Thoughts on How many different ways can you buy a home in florida?
  1. Reply
    chatsplas
    August 27, 2011 at 10:12 am

    CASH
    New Mortgage
    Contract for Deed or rent-to-own

    Doesn’t change HOW you’re buying whether it’s bought directly from owner or using intermediary of realtor.

  2. Reply
    linkus86
    August 27, 2011 at 10:21 am

    Contract for deed doesn’t apply as it is nothing but a deferred mortgaged paid purchase. The only other method is if the house is part of a 1031 exchange which is taking advantage of a tax law that allows one to trade for a real property

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