April 25, 2011
Barbara Lawlor, President of Baker Real Estate, knows a thing or two about when it’s smart to buy property both here in good ol’ Toronto and also in warmer climes – Florida in particular.
Hoping to impart some of her wisdom, Ms. Lawlor will be one of three guest speakers at a free seminar on buying Florida real estate next Wednesday, May 4th. The seminar will be hosted by Baker Real Estate, which recently opened an office in Florida.
Regarding the Florida market, Ms. Lawlor told us recently that she believes “there are wonderful opportunities to buy now that have never existed before and that certain of these opportunities will come to pass, not to pause.
“Low interest rates, said Ms. Lawlor, “and a soaring loonie gives Canadians buying power in Florida. The recession has really hurt the economy in Florida so there are deals to be had now.”
The seminar on May 4th promises to be a helpful primer on avoiding some of the pitfalls that can complicate foreign property acquisitions. For example, “foreclosures and short sales can be complicated and title can be unclear,” said Ms. Lawlor, “we don’t promote them.” Baker Real Estate suggests that Canadians can best avoid being hurt by Florida’s historically volatile market by buying through a reputable firm and within their financial comfort zone.
As for her favourite spot in Florida, Ms. Lawlor says she’d go with Delray Beach. “I’m an old hippie,” she said, “what can I tell you?”
Jayson Schwartz, Partner, Danson Schwarz Recht Barristers and Solicitors and Paul Howlett, Partner, Evans Martin LLP will also speak at the seminar on May 4th, at 175 Bloor Street East, North Tower, 3rd Floor Conference Centre at 6:00pm. To register visit http://www.baker-re.com/freefloridaseminar/.