Frequently Asked Questions

Quick answers for buyers and sellers in Palm Beach County. For legal or tax questions, check with a professional.

Buying

Do I need to register to browse listings?

No. You can search listings and view details without an account. Create a free account only if you want to save homes or get new listing alerts.

What does it cost to work with you as a buyer?

Before touring homes with us, we review and sign a written buyer agreement explaining our services and compensation. Our fees are negotiable and not set by law. A seller may agree to cover some or all of that compensation; we explain any amount you would be responsible for before you commit.

Should I get preapproved before looking at homes?

If you plan to finance your purchase, preapproval helps establish your budget and shows sellers you’re prepared. A lender can explain your estimated payment, down payment, and closing costs.

Can I buy a home before selling my current one?

Possibly. It depends on your finances and whether you need the proceeds from your current home. We can help coordinate both transactions and work with your lender on timing.

What happens if the inspection finds problems?

We help you review the findings and decide how to proceed. Depending on your contract and deadlines, options may include requesting repairs or a credit, accepting the condition, or canceling.

What should I know before buying a condo?

Review the association’s budget, reserves, recent meeting minutes, fees, and any planned special assessments. Ask for applicable milestone inspection reports and structural integrity reserve studies, along with information about repairs, insurance, and rental restrictions. Requirements vary by building, so review the documents before your contract’s applicable deadlines.

Will my property taxes be the same as the current owner’s?

Not necessarily. After a purchase, the property is generally reassessed as of January 1 of the following year, and your exemptions may differ from the seller’s. Use the Palm Beach County Property Appraiser’s tax calculator rather than relying on the current tax bill. Contact us for more details and guidance on estimating property taxes for your new home.

Selling

How does the home valuation work?

Send us the address through the home valuation form. We look at recent nearby sales and current listings, then reply with a price range. It is a broker’s opinion of value, not an appraisal.

Should I make repairs or sell my home as-is?

Not every improvement pays off. With our background in home remodeling, we help you decide which repairs or updates are worth considering and whether selling in the home’s current condition makes more sense.

How long will it take to sell my home?

Timing depends on your price, condition, location, and competing listings. We review nearby sales and current market activity to give you a realistic expectation, then adjust the approach as needed.

How much will I actually receive from the sale?

Your proceeds depend on the sale price, mortgage payoff, closing costs, and any agreed credits or fees. We prepare an estimated net sheet so you can see what you may walk away with before accepting an offer.

Do I need to move out before putting my home on the market?

No. Many sellers stay in their homes while listed. We help you prepare for showings and establish a schedule that balances your routine with buyer access.

What do sellers need to disclose?

Florida sellers must disclose known facts that materially affect the property’s value and are not readily observable to a buyer. Residential sales also require a separate flood disclosure. We help you identify the appropriate forms; a real estate attorney can advise you on legal questions or uncertain answers.

Florida Basics

How do I check flood risk and insurance costs?

Review FEMA flood maps, the seller’s flood disclosure, and an elevation certificate if available. Flooding can occur outside high-risk zones, and standard homeowners policies generally do not cover flood damage. Get homeowners and flood insurance quotes early, ideally before your inspection period ends.

Does hurricane season affect buying or selling?

Hurricane season runs from June 1 to November 30, and homes sell here all year. An approaching storm may temporarily prevent insurers from issuing new coverage and delay closing. Arranging insurance early helps reduce last-minute complications.

Who pays closing costs in Florida?

Both buyers and sellers have closing costs. The contract determines how many of those costs are divided, though tax rates and certain charges are fixed. In Palm Beach County, sellers customarily pay the deed documentary stamp tax and the owner’s title insurance policy. Financed buyers typically pay loan-related costs and mortgage taxes. Your lender and closing agent provide figures specific to your transaction.

What is the homestead exemption?

Eligible owners who make the property their permanent residence as of January 1 can generally apply by March 1 through the Palm Beach County Property Appraiser. The exemption reduces taxable value. A separate benefit, called Save Our Homes, limits annual increases in assessed value after the homestead is established. Contact the Property Appraiser for eligibility and filing guidance.

Have Another Question?

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