Answers by Carmen Gonzalez

Foreclosure prices will depend on the type of property, area, and market. Currently, there are not too many foreclosure properties, but an agent can help you identify what is available in your prefered area. Properties in Florida typically do not have basements.

If you’re thinking of selling your house in Florida, spring and early summer are the best times to do it. People are more likely to be looking for homes during these months because the weather is great and kids are out of school.

It’s usually a good idea to buy less than your maximum pre-approval amount. Aim for 10-20% below, so you can still comfortably afford your monthly payments, taxes, insurance, and maintenance costs. You can still buy up to your limit, but sometimes people end up being “house poor” when they max out their pre-approval.

Unfortunately, if the manufactured home is not on your own lot, it is not considered a real estate property, but a personal property, much like a car or boat.

Building code does not require a closet. The room must not be used to access another room (other than a closet or bath).

A common rule of thumb is to spend between 10% and 15% of your home\'s total value on a kitchen renovation to achieve a solid return on investment (ROI).

In Florida, real estate commissions are negotiable. Sellers typically pay both listing and buyer’s agent fees from the sale proceeds. Starting August 2024, buyers may be responsible for their agent’s fee, which must be negotiated upfront.