What are the most common home inspection issues in Davie resale homes? In Davie’s older single family homes, four findings come up again and again: a roof near the end of its insurable life, cast iron or polybutylene plumbing, an outdated electrical panel such as a Zinsco or Federal Pacific, and an air conditioning system…
What warranty and inspection rights come with a Davie new construction home? A Davie new construction home usually comes with a builder warranty covering workmanship, systems, and structure on separate timelines, plus your own right to hire an independent inspector before you close. Florida also gives you common law warranties on a new home and…
What are the closing costs on a new construction home in Davie? Davie new construction closing costs run well beyond the sticker price. On top of standard buyer costs, you pay Town of Davie water and sewer connection fees of $5,970, an owner’s title policy the builder assigns, an HOA capital contribution, county impact fees,…
How Much Down Payment Do You Need to Buy a Home in Davie? You almost certainly do not need the 20 percent down that people typically assume. Eligible veterans can use a VA loan with zero down, many conventional loans start around 3 percent, and FHA runs about 3.5 percent with a qualifying credit score….
Does new construction or resale pencil out in Davie? In Davie, new construction vs resale rarely comes down to the sticker price. A new home like Marigold in central Davie carries a price premium, monthly HOA dues, a possible CDD assessment, and a first year tax bill that jumps once the finished home is assessed….
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…
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…
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…
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…
Who Pays the Buyer’s Agent When You Buy a Home in Davie? In Davie, you and your agent set the buyer agent fee in a written agreement before you tour a home. The seller can still cover that fee through a concession written into the purchase contract, which stays common across Broward County. Nothing is…
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