Knowledge Center
FAQ & Resources
Everything you need to know about buying, selling, and investing in Florida real estate. Can't find your answer? Our agents are just a call away.
5 Questions
Buying a Home
What is the first step in buying a home in Florida?
The first step is getting pre-approved for a mortgage. This gives you a clear budget, shows sellers you're a serious buyer, and strengthens your offer. A MavRealty agent can connect you with trusted lenders who specialize in Florida markets and help you understand what you can afford.
How much do I need for a down payment in Florida?
Down payment requirements vary by loan type. Conventional loans typically require 3–20%, FHA loans as low as 3.5%, and VA loans may require 0% down for qualifying veterans. Florida also offers several down payment assistance programs for first-time buyers that your MavRealty agent can help you explore.
What are closing costs in Florida, and how much should I budget?
Florida closing costs typically range from 2–5% of the purchase price and may include title insurance, appraisal fees, survey costs, recording fees, and prepaid items like insurance and taxes. Your agent will provide a detailed estimate early in the process so there are no surprises.
How long does it take to close on a home in Florida?
A typical Florida closing takes 30–45 days from accepted offer to keys in hand. Cash transactions can close in as few as 14 days. Factors like financing, inspections, insurance procurement, and title work can affect the timeline. Your MavRealty agent will manage the process to keep everything on track.
Do I need flood insurance in Florida?
Flood insurance is required if your property is in a FEMA-designated flood zone and you have a federally backed mortgage. Even if not required, many Florida homeowners choose to carry flood insurance given the state's hurricane exposure. Your agent can help you understand your property's flood zone designation and insurance options.
4 Questions
Selling a Home
How do I determine the right listing price for my home?
MavRealty agents use a Comparative Market Analysis (CMA) that examines recent sales of similar properties in your area, current market conditions, your home's unique features, and local trends. This data-driven approach ensures your home is priced to attract strong offers while maximizing your return.
What should I do to prepare my home for sale?
Focus on curb appeal, decluttering, deep cleaning, and addressing any deferred maintenance. Your MavRealty agent will do a detailed walkthrough and provide specific recommendations based on what buyers in your market are looking for. We also connect you with professional stagers and photographers to showcase your home at its best.
How long will it take to sell my home?
Average days on market vary by location and price point, but properly priced homes in our Florida markets typically sell within 28–35 days. Luxury properties and unique homes may take longer. MavRealty's aggressive marketing strategy and extensive buyer network often help our listings sell faster than the market average.
What are the costs of selling a home in Florida?
Typical seller costs include real estate agent commissions, title insurance (in Florida the seller traditionally pays for the buyer's title policy), documentary stamps, any agreed-upon repair credits, and your remaining mortgage payoff. Your MavRealty agent will provide a detailed net proceeds estimate before you list.
4 Questions
Working With MavRealty
What makes MavRealty different from other brokerages?
MavRealty combines the personal attention of a boutique firm with the resources of a full-service organization. As part of the MavBrands family, our clients benefit from integrated services including title through Belleair Title, construction through MavBuilds, and investment through MavRyk Capital. Plus, we invest heavily in agent training, technology, and marketing.
What areas does MavRealty serve?
MavRealty operates across three dynamic Florida markets: Tampa Bay (including Clearwater, St. Petersburg, and Belleair), Jacksonville and Northeast Florida, and the greater Orlando/Central Florida area. With expert agents in every market, we offer deep local expertise and specialized knowledge to help you succeed.
Does MavRealty handle commercial real estate?
Yes. MavCommercial is our dedicated commercial division handling office, retail, industrial, multi-family, and investment properties across Florida. Our commercial team brings specialized expertise in market analysis, lease negotiation, and investment strategy.
How do I get started with MavRealty?
Simply reach out via our contact page, call us at (727) 314-3942, or email info@mavrealty.com. We'll connect you with an experienced agent who specializes in your market and property type. There's no pressure and no obligation — just honest guidance from people who know Florida real estate.
3 Questions
Florida Real Estate Basics
Is Florida a good state to invest in real estate?
Florida consistently ranks as one of the top states for real estate investment, driven by strong population growth, no state income tax, a tourism-driven economy, and favorable landlord laws. Markets like Tampa, Jacksonville, and Orlando offer particularly compelling opportunities for both rental income and long-term appreciation.
What is homestead exemption in Florida?
Florida's homestead exemption can reduce the taxable value of your primary residence by up to $50,000, resulting in significant property tax savings. To qualify, you must own the property, make it your permanent residence, and file by March 1st of the tax year. Your MavRealty agent will remind you about this important deadline.
What should I know about Florida property insurance?
Property insurance in Florida requires special consideration due to hurricane exposure. Costs vary significantly by location, construction type, and age of the home. Key coverages to understand include windstorm, flood (separate from standard homeowner's insurance), and sinkhole coverage in certain areas. We recommend getting insurance quotes early in the buying process.
Explore More
Helpful Resources
Still Have Questions?
We're Here to Help
Every real estate journey is unique. Connect with a MavRealty expert for personalized answers and guidance tailored to your situation.