Where your next chapter begins.

Buying a Home in Florida

1. Define your goals: location, budget, property type and timing.
2. Review financing: speak with a qualified lender about pre-approval and estimated closing costs.
3. Search properties: use the live property search on this website and identify your priorities.
4. Make an offer: review price, financing, contingencies, deposits and deadlines before signing.
5. Due diligence: inspections, appraisal, title and other contract requirements may apply.
6. Closing: complete the lender/title requirements and review the final documents before closing.

Tip: Your Realtor and lender should explain the parts of the transaction that apply to your situation.

First-Time Home Buyer Checklist

• Review your budget and monthly housing payment.
• Gather income, employment and financial documents requested by your lender.
• Obtain a lender pre-approval before serious home shopping.
• Set aside funds for down payment, closing costs, inspections and reserves.
• Compare properties based on total cost, condition, location and long-term needs.
• Ask about available programs or assistance and verify eligibility directly with the program or lender.

Mortgage & Financing Basics

A mortgage payment can include principal and interest, and may also include property taxes, homeowners insurance and other applicable costs. The exact structure depends on the loan and property.

• Pre-approval: helps establish a realistic price range.
• Down payment: varies by loan type and borrower circumstances.
• Closing costs: may include lender, title, government and other transaction expenses.
• Credit and debt: lenders evaluate financial information according to their underwriting guidelines.

Mortgage terms, rates and eligibility change. Always confirm current terms directly with a licensed lender.

Selling Your Home

1. Discuss your goals, timing and expected net proceeds.
2. Prepare the property for photos, showings and buyer questions.
3. Review comparable properties and establish a pricing strategy.
4. Launch marketing and manage showings and feedback.
5. Compare offers based on price, financing, contingencies, timing and overall strength.
6. Coordinate inspections, appraisal, title and closing requirements.

Renting a Home

• Review the monthly rent, deposits and other fees before applying.
• Prepare identification, income and other documents requested by the landlord or property manager.
• Ask about screening criteria, lease terms, pet policies and move-in requirements.
• Document the property's condition at move-in and keep copies of your signed lease and receipts.

Rental requirements vary by property and landlord. Ask for the written criteria before paying application fees whenever possible.

Real Estate Investment Basics

When evaluating an investment property, consider more than the purchase price. Review expected rent, vacancy, repairs, taxes, insurance, financing, management and reserves.

• Cash flow: income minus operating expenses and financing costs.
• Cap rate: a measure commonly used to compare income-producing properties.
• Reserves: funds for repairs, vacancies and unexpected expenses.
• Exit strategy: consider how and when you may sell or refinance.

FHA Loans — General Information

FHA-insured mortgages are designed to help eligible borrowers finance homes through participating lenders. Requirements, mortgage insurance, down payment rules and property standards can vary.

This website provides general education only. A participating FHA lender should confirm your eligibility, loan amount, costs and current program requirements.

HUD Homes

HUD-owned homes can become available after certain FHA-insured mortgage foreclosures. The purchase process and eligibility can depend on the property, buyer type and current HUD procedures.

HUD rules and listings can change. For a specific HUD property, we can help you understand the transaction process and direct you to the applicable official information.

Fair Housing

Fair housing laws are designed to protect people from discrimination in housing transactions. Real-estate professionals must follow applicable federal, state and local requirements.

If you believe you have experienced housing discrimination, consider obtaining guidance from the appropriate government agency or a qualified attorney.

Frequently Asked Questions