Real Estate

What to Know Before Buying a House in Florida

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Are you looking to buy Florida real estate? 

The Florida housing market is booming right now, so it’s a great time to purchase a property. However, before you jump into looking for a Florida home, you need to make sure you educate yourself on the market and find the right experts to help guide you through the process. 

To help you get started, here are five things you need to know and do before buying a house in Florida. 

  1. Learn the Market 

The housing market in Florida is hot overall, but some areas are experiencing more activity than others. Before you start looking for homes in the state, make sure you research the best places to live in Florida and what the market looks like in each area. 

For example, competition is tough right now in the South Florida housing market. So potential home buyers might need to expand their search area or plan to go over the asking price to find the right home for them. 

  1. Hire an Expert 

Consulting an expert realtor should be your next step before you start your home search. Find an agent that has a lot of experience in the area where you’re looking to buy. They’ll be able to provide invaluable advice on the market and help guide you through the homebuying process. To contact a Florida real estate team today, visit: 

  1. Consider HOA Costs 

Many homes in Florida will belong to communities that have a homeowner’s association or HOA fees. HOA fees cover a wide variety of amenities, so make sure you ask how much your HOA fees would be and what they cover when you are touring potential properties.

Depending on where you purchase your home, HOA fees can be a minimal monthly fee or thousands of dollars a year in addition to your mortgage and property taxes. 

  1. Get a Quote for Homeowner’s Insurance 

Potential homeowners that are moving to Florida from out of state may have some surprises when it’s time to get homeowner’s insurance. You’ll need to ensure your home is covered for disasters such as flooding and hurricanes in Florida.

Where your home is located could make your insurance costs go higher. For example, if your home is on the ocean, a canal, or a lake. If your home isn’t up to current standards, you may have to replace your roof or purchase hurricane shutters to bring down the cost of your insurance. 

  1. Get a Home Inspection 

Home inspections are a normal part of the home buying process, and it’s a step you should skip, especially when purchasing a home in Florida. Make sure you have the home reviewed by a qualified inspector and look for common problems in Florida, such as drainage issues or mold. 

Learn More About Buying a House in Florida 

Buying a house in Florida is an exciting decision, but to navigate a busy market, you need to make sure you’re armed with the right information and an expert real estate team. For information that will help you purchase your dream home in Florida, make sure you check out the rest of our website. 


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