Steps To Buying A House In Florida (2024)

☀️ Don't forget to file for your Homestead Exemption once you move in. It can significantly decrease your property tax burden and limit future assessment increases.

Before looking at homes, you need a clear picture of your budget. Florida’s cost of living varies wildly between cities like Miami and Ocala. Check your credit score. Save for a down payment (usually 3% to 20%).

Include a competitive escrow deposit (usually 1–3% of the price). Set a realistic closing date (typically 30–45 days). 6. Perform Inspections and Due Diligence steps to buying a house in florida

Use their network to find "pocket listings" before they hit the open market. 4. Search and Select Property

Ensure they understand CDD (Community Development District) fees common in newer developments. ☀️ Don't forget to file for your Homestead

Budget for "hidden" Florida costs like higher homeowners insurance and property taxes. 2. Get Pre-Approved

Required by most insurers for homes over 20 years old (covers HVAC, Electrical, Plumbing, and Roof). Florida’s cost of living varies wildly between cities

On closing day, you’ll sign a mountain of paperwork and pay your remaining costs. You’ll need a valid government-issued photo ID.