In Davie, family gift money can cover your entire down payment on a conventional loan for a primary home, and a parent can give up to 19,000 dollars in 2026 with no gift tax filing. The catch is documentation. Your lender needs a signed gift letter and a clean paper trail showing where the money…
Can a seller stay in their home after closing in Davie, Florida? Yes. In Davie a seller can stay after closing through a post closing occupancy agreement, FAR/BAR Rider U. The seller pays the buyer a daily occupancy fee, usually the buyer’s monthly PITI payment divided by 30, and the title company holds a security…
Do you need both owner’s and lender’s title insurance in Davie? In Davie, Florida a lender’s title policy protects only your mortgage lender for the loan balance, while an owner’s policy protects you for the full purchase price and your equity for as long as you own the home. In Broward County the buyer customarily…
Does no HOA mean you can keep horses on Davie acreage? No. A Davie equestrian property with no HOA still follows rules. In Davie, keeping horses is only allowed in the RR, AG, A-1, and R-1 zoning districts, so acreage alone does not make a parcel horse legal. Recorded deed restrictions can ban animals even…
Converting a Davie home from a private well and septic system to city water and sewer usually costs about 8,000 to 20,000 dollars all in. The Town of Davie charges roughly 3,050 dollars to connect water and 2,920 dollars for sewer, and the rest is trenching, plumbing, and abandoning the old septic tank. The catch…
A 4 point inspection and a wind mitigation inspection are not the same and one does not replace the other. In Davie, a 4 point inspection checks the roof, electrical, plumbing, and HVAC so an insurer will cover an older home. A wind mitigation inspection documents wind resistant features on the state OIR-B1-1802 form to…
A buyer moving from New Jersey to Davie, Florida usually cuts property taxes by half or more. New Jersey’s effective property tax rate runs 1.89 to 2.46 percent, the highest in the nation. Davie runs near 1.29 percent after the $50,000 homestead exemption. On a $500,000 home that is roughly $9,450 to $12,300 a year…
In Florida, property taxes are paid in arrears, so at a midyear Davie closing the seller credits the buyer for the days the seller owned the home, from January 1 through the day before closing. The buyer then pays the full bill when Broward County mails it on November 1. Because the sale removes the…
A final walkthrough in Davie, Florida is your last check 24 to 48 hours before closing. Under the Florida AS IS contract it confirms the home is in the same condition, agreed repairs are done, and personal property that conveys is still there. It is not a second inspection or a chance to renegotiate. What…
Impact fees and utility connection fees are one-time charges assessed at building permit issuance on new construction in Davie, Florida. On a production builder’s home they are folded into your base contract price, so you rarely write a separate check. On an owner-built acreage home you pay them directly. The Town of Davie water and…
A Davie termite inspection is a WDO (wood-destroying organism) report performed by an FDACS-licensed operator on Florida form FDACS-13645 or the national NPMA-33. It usually costs about 75 to 150 dollars, the buyer typically pays, and VA loans require it statewide in Florida. It is separate from the home inspection and the four-point insurance inspection….
What must you disclose when selling a house in Davie, Florida? Florida seller disclosure law requires you to tell the buyer about any known defect that materially affects the home’s value and is not readily visible. This duty comes from Johnson v. Davis and applies even in an as is sale. Since October 2024, Davie…
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