What Is Earnest Money and How Much Do You Need in Florida?

Earnest money is a good-faith deposit showing a seller you're serious about your offer, and in Florida it typically ranges from 1% to 3% of the purchase price, though this is negotiable and can vary based on market conditions and the specific property. What Earnest Money Actually Does Earnest money
Read MoreDo I Need a Home Inspection When Buying New Construction in Miami?

Yes — even brand-new homes in Miami-Dade should get an independent inspection, since builder-grade construction can still have workmanship issues, and an inspection gives you an independent record of the home's condition before your builder's warranty period begins. Why "New" Doesn't Mean "Problem-F
Read MoreHow Long Does It Take to Close on a House in Florida?

Most Florida home purchases close within 30 to 45 days of an accepted offer for a financed purchase, while cash purchases can close in as little as 1–2 weeks. What Determines Your Specific Timeline Your closing timeline depends primarily on your loan type, how quickly your lender processes underwrit
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