How does the cost of living in Davie, FL compare to major tech hubs? Davie, FL costs far less to live in than major tech hubs like San Jose, Seattle, or Denver. Your housing budget stretches much further here, and if you are leaving California or Colorado you also drop a state income tax. The…
Can You Make an Offer on a Pending Home in Davie? Yes. You can submit a backup offer on a pending home in Davie, and with a signed Back Up Contract rider you step into first position the moment the current deal falls apart. Most pending sales still close, so keep touring other homes while…
What should you know before moving from North Carolina to Davie, Florida? Florida charges no state income tax and North Carolina does, so your take home pay rises the day you establish Florida residency. The offsets are homeowners insurance, which runs high in Broward County, and a cost of living that is not automatically cheaper…
What is a mortgage recast, and how does it work in Davie, FL? A mortgage recast lets you make a large one time payment toward your principal, then your servicer recalculates your monthly payment on the lower balance. Your interest rate and payoff date stay the same, so you keep a low rate while your…
What are coming soon and off market homes in Davie? Coming soon and off market homes in Davie are properties a seller markets before, or without, a full public listing on the MLS. A coming soon listing sits on the MLS in a pre active status for a limited window your local MLS sets, while…
What is a lady bird deed in Davie, Florida? A lady bird deed, also called an enhanced life estate deed, lets you keep full ownership and control of your Davie home during your life and pass it straight to the people you name at your death, outside probate. You can still sell, refinance, or change…
How can you tell if a Davie home is overpriced? A Davie home is usually overpriced when it sits past 60 days, collects several price cuts, or pulls in showings with no offers. The strongest tells are a list price above recent comparable sales on the same street, a long stretch with no activity, and…
Is your Davie address actually in the Town of Davie? A Davie mailing address does not always mean the Town of Davie governs your home. Several Davie ZIP codes include parcels that sit legally in Fort Lauderdale, Plantation, Southwest Ranches, or Cooper City. That municipal boundary, not the county, sets your property tax millage, your…
What does a quitclaim deed do in Davie, Florida? A quitclaim deed transfers whatever ownership interest you hold in a property to someone else, with no promise that the title is clean. In Davie, Florida it fits low risk transfers between people who already trust each other, such as adding a spouse, moving your home…
What is a repair escrow holdback when you buy a home in Davie, FL? A repair escrow holdback lets you close on schedule when agreed repairs are not finished in time. Money, usually pulled from the seller’s proceeds, stays with the closing agent after closing and pays for the work once it is completed and…
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