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Home Buying in Florida

Different states have different laws and common practices when it comes to buying a home. Here are some important things to know if you’re thinking of buying a home in Florida.

Your Realtor is a Transaction Broker A transaction broker’s job is to facilitate the transaction. Transaction brokers can represent buyers, sellers or both. They work ethically and fairly with all parties and disclose all known facts that materially affect the value of a home.

All Florida real estate licensees are assumed to be transaction brokers, unless other arrangements are made in writing (for example, single agency for buyer or seller, or non-representation).

Attorney’s are not Required at Closing Most Florida real estate transactions are closed with title agents. Many title companies have real estate attorneys on staff for as-needed consultations. You may, of course, retain the services of a licensed real estate attorney at any point in your Florida real estate transaction, at your cost.

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Debra Bradford, 26012 Splendid Meadow Ct, Astatula FL 34705

Get contact info and detailed information for Debra Bradford. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

James Bradford, 26012 Splendid Meadow Ct, Astatula FL 34705

Get contact info and detailed information for James Bradford. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Stephen Cross, 12703 Georgia Ave, Astatula FL 34705

Get contact info and detailed information for Stephen Cross. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Cathy Florian, 14230 Gold Rush Ct, Astatula FL 34705

Get contact info and detailed information for Cathy Florian. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Robert Natale, 25161 Spanish Moss Circle, Astatula FL 34705

Get contact info and detailed information for Robert Natale. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Donald Olden, 32 Harbor Circle, Astatula FL 34705

Get contact info and detailed information for Donald Olden. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Terry Paschal, 14011 Roserush Ct, Astatula FL 34705

Get contact info and detailed information for Terry Paschal. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Deborah Reid, 26151 Cr 561, Astatula FL 34705

Get contact info and detailed information for Deborah Reid. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

Jack Rust, 25115 Alamanda Drive, Astatula FL 34705

Get contact info and detailed information for Jack Rust. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 

R Ryan, 22520 Robbins Rd, Astatula FL 34705

Get contact info and detailed information for R Ryan. Information on working with a real estate agent to sell your home. ...Real Estate Agent Details - Click Here!...

 
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Insurance can be Challenging In addition to homeowner’s insurance, your lender may require flood insurance.

Homes with older roofs, or roofs that do not meet certain wind mitigation standards, may be tougher to insure, often requiring higher premiums.

Your insurer may charge a higher rate if your home has older plumbing (e.g., galvanized pipes), outdated electrical, no hurricane straps or other issues.

Get an insurance quote as soon as your contract is signed and finalize the details well in advance of your closing date.

Foreclosures Are Not Fast In Florida, foreclosure is a judicial proceeding that can take a year or more to complete.

Foreclosure listings on Zillow and similar sites are often wrong, showing incorrect prices, or even showing homes that aren’t listed yet, or have already been sold.

Tracking down a bank that may or may not own a particular REO property to make an offer is virtually impossible – you must wait until it comes on the market.

Florida is a Homestead State Florida homeowners can file for a homestead exemption worth up to $50,000 (home must be your primary residence). The exemption reduces the amount of property taxes Florida homeowners must pay, and limits how much their taxes can increase each year.