Get Answers to Common Questions about Buying a Home

Are you ready to navigate the complexities of the Florida real estate market? At Sea Glass Florida Properties, we’re dedicated to guiding you every step of the way. Explore our comprehensive FAQ section for invaluable insights into the home buying process.

Q: What’s the initial step in the home-buying journey?

A: Securing a loan pre-approval is paramount, especially for non-cash purchases. This step provides an accurate understanding of the home price range within your financial reach, streamlining the search process.

Q: What’s the difference between pre-qualifying and pre-approval?

A: While pre-qualification offers a rough borrowing estimate, pre-approval involves a thorough financial review by a lending institution, offering a more concrete understanding of your borrowing capacity and enhancing your negotiating power.

Learn more about the pre-approval process.

Q: Why should I enlist a Sea Glass Florida Properties Agent?

A: Our licensed real estate agents handle everything from paperwork to negotiations and inspections, ensuring a seamless and stress-free experience. With expertise in all aspects of buying and selling property, they provide invaluable guidance and support throughout the entire process.

Q: How much is needed for a down payment?

A: Contrary to common belief, the average down payment now ranges from 3% to 5%. Additionally, VA or USDA loan qualifiers may not require any down payment, offering flexibility to prospective buyers.

Learn about home loans.

Q: Can I buy and sell simultaneously?

A: Absolutely. Our Sea Glass Florida Properties Agents specialize in facilitating smooth transitions between selling and buying properties. They’ll assist you in listing your home, finding a new one, and navigating contingencies to ensure a seamless move.

Learn about selling a home.

Q: How many homes should I see before making an offer?

A: The number of homes you view before making an offer varies. On average, buyers visit around 10 homes in person before finding the perfect match.

Search for your new home.

Q: I found a house, what’s next?

A: Your Sea Glass Florida Properties agent will guide you through crafting a competitive offer and handle negotiations on your behalf. They’ll also explain contingencies such as home inspections and mortgage approval to ensure a smooth transaction.

Learn more about making an offer.

Q: How do I know if the property is a good deal?

A: Rely on your Sea Glass Florida Properties real estate agent, who is trained to assess accurate pricing using comparable properties in your desired area. Their expertise ensures you’re making an informed investment decision.

Q: When can I back out if I change my mind?

A: While you have the right to back out at any time, doing so may result in forfeiting earnest money, typically ranging from 1% to 2% of the home’s price.

Q: How quickly can I close?

A: Closings typically take between 30 to 45 days, allowing sufficient time for necessary inspections, appraisals, and paperwork processing to ensure a smooth and timely transaction.


Contact an experience Sea Glass Florida Properties agent if you have any additional questions.