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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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Shannon Albright, 20 N Lotela Ave, Avon Park FL 33825

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

 

Martha Arbelaez, 30 Shell Avenue, Avon Park FL 33825

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

 

Laurie Bass, 2003 Lake Lotela Drive, Avon Park FL 33825

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

 

Hyacinth Baxter, 1850 N Iroquois Rd, Avon Park FL 33825

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

 

Joyce Beumel, 905 Lake Angelo Dr, Avon Park FL 33825

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

 

Wilford Beumel, 905 Lake Angelo Dr, Avon Park FL 33825

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

 

Peter Blackmore, 4323 North Course Lane, Avon Park FL 33825

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

 

Sylvia Blackmore, 4323 North Course Lane, Avon Park FL 33825

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

 

Michael Bragg, 2028 Us Hwy 27 N, Avon Park FL 33825

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

 

Jeanne Butler, 611 East Cornell Street, Avon Park FL 33825

Get contact info and detailed information for Jeanne Butler. 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.