Home Inspection Process: What Home Sellers Need to Know

 Home Inspection Process: What Home Sellers Need to Know

When selling a home, the inspection process can have a significant impact on the sale price, the timeline of the transaction, and how negotiations play out. For sellers, understanding the home inspection process is a crucial step in navigating the journey successfully. When sellers prepare ahead of time, they can address potential issues before they turn into major sticking points for buyers. 

This guide will walk you through everything you need to know about the home inspection process as a seller, from what to expect during the inspection to how the results can affect your sale.

Why Home Inspections Matter When Selling Your Home

A home inspection is a comprehensive evaluation of a…

102 Views, 0 Comments

Central Florida Real Estate Recap of October 2024

Orlando saw a Drop in the nine-month streak of rising inventory in October, even as interest rates rose back into the 6.0s

State of the Market

  • Inventory for October was recorded at 11,357, down 1.8% from September when inventory was recorded at 11,560. This breaks a nine-month streak of rising inventory.
    • Inventory in October 2024 was still 45.4% higher than in October 2023.
  • October’s interest rate was recorded at 6.4%, up from 5.9% in September.
  • The median home price for October was recorded at $388,990, up from $380,000 in September.
  • Homes spent an average of 60 days on the market (DOM) in October – up slightly from 58 in September.

232 Views, 0 Comments

What Homebuyers Should Know about Condo Insurance in Florida

What Homebuyers Should Know about Condo Insurance in Florida

Owning a condo in Florida can be a rewarding investment, but it also brings unique responsibilities, especially when it comes to protecting your property. Unlike standard homeowner's insurance, condo insurance (often referred to as HO-6 insurance) is tailored for condo living and covers aspects specific to condominium ownership. With Florida’s climate-related risks—like hurricanes, flooding, and tropical storms—having adequate condo insurance is essential. Here, we’ll break down the basics, cover what condo insurance includes, and guide you on how to select the right policy to keep your investment safe.

What Is Condo Insurance Florida?

Condo insurance in Florida (HO-6 insurance)…

197 Views, 0 Comments