What is the difference between pre-approval and pre-qualification in Davie? Pre-qualification is a quick, informal estimate of what you might borrow, based on numbers you tell the lender, with no documents verified. Pre-approval is a formal review where the lender pulls your credit, verifies your income and assets, and issues a letter stating a specific…
What is the difference between a transaction broker and a single agent in Florida? In Florida, a transaction broker gives you limited representation with no fiduciary duty, and it is the automatic default the moment you work with an agent. A single agent owes you loyalty, confidentiality, obedience, and full disclosure, but only after you…
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…
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…
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…
When Is the Best Time to Sell a House in Davie? The best time to sell a house in Davie is from January through May, when out of state snowbird buyers overlap with local move up buyers and demand peaks. Late winter into spring gives you the deepest buyer pool, the fastest days on market,…
What Are Seller Concessions Worth in Davie, FL? Seller concessions are money the seller agrees to put toward your side of the deal, and in Davie’s 2026 buyer’s market you have real room to ask. You can direct that money three ways: a straight price cut, a closing cost credit, or a mortgage rate buydown….
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