Hidden moisture or ballooning fees can sink a deal fast. Here’s how savvy buyers safeguard both property and pocketbook in the nuanced world of Florida real estate.
General home – Roof, HVAC, plumbing, electrical; avg. $350–$600.
Wind-mitigation – Required by many insurers; can save up to 45 % on premiums if shutters/straps qualify.
4-Point – For homes >20 yrs; covers roof, electric, plumbing, HVAC.
Mold / Air Quality – High humidity breeds hidden issues.
WDO (Termite) – Essential in subtropical climates.
Pool & Seawall – Crucial for coastal homes with aging seawalls or pumps.
| Fee | Typical Range | Notes |
|---|---|---|
| Title Insurance | 0.5–0.7 % | Rate set by FL statute, negotiable who pays |
| Doc Stamp Tax on Deed | $0.70 /$100 | Except Miami-Dade ($0.60 + $0.45 surtax for condos) |
| Doc Stamp Tax on Mortgage | $0.35 /$100 | Paid on the new loan amount |
| Appraisal | $450–$700 | Required by the lender |
| Survey | $300–$500 | May reuse existing if <6 months old |
| Recording & HOA Fees | $250–$1,000 | Varies by county/association |
| Average totals run 2 – 5 % of the purchase price |
Use the inspection report to request repairs, price reductions, or a credit at closing, especially as more sellers offer concessions in 2025’s cooling market New York Post.
Confirm agreed-upon repairs, verify appliance function, check water pressure, run the A/C, and photograph meter readings to avoid utility disputes.
Can I waive inspections to win a bid? Possible, but risky; better to keep inspection but shorten contingency between 5 and 7 days.
Who chooses the title company? Usually, the buyer selects the title company. In the event the seller chooses to do so, they must pay for the owners' title insurance.
Is owner’s title insurance worth it? Yes, a one-time fee protects equity against past liens or fraudulent deeds.
How much earnest money is normal? 1 – 3 % of the purchase price; wire to the title company within 3 days of the contract.
Diligent inspections and transparent cost estimates turn closing day into a victory lap—not a budget blow-out—so you step into Florida real estate ownership with total peace of mind.
