The home buying process typically takes 30-60 days from the time your offer is accepted.

The amount you need depends on the price of the home and the type of loan you use. Typically, you'll need between 3 - 25% of the purchase price for the down payment. Then you'll need funds for closing costs, which can be 3-5% of the purchase price. So, in total, we are looking at needing between 6-25% or more of the home price in cash.

A mortgage pre-approval is a letter from a lender stating that you qualify for a mortgage. It usually states the amount you are pre-approved for and under what loan types you can purchase. It shows sellers you're serious and financially capable, which makes your offer stronger. We will need this first before booking a buyer consultation so we can set realistic expectations.

As a buyer, you typically don’t pay the realtor’s commission directly. The seller usually covers the commission for both the listing agent and the buyer's agent. However, if you're selling a property, the commission is often a percentage of the sale price, which is typically split between the listing agent and the buyer's agent. I’ll ensure transparency regarding all fees and costs associated with your real estate transaction. Commissions will very house by house.

You’re ready if you have a stable income, a good credit score, a reliable down payment, and enough savings to cover closing costs and home repairs. It’s also important to have an understanding of where buying a home fits into your long term family and financial goals.

Right now, the 2026 South Florida real estate market is more balanced than the last couple of years. Inventory has climbed in both Miami-Dade and Broward, giving buyers way more options (single-family supply around 5–6.5 months), while condo inventory is unusually high, especially in older buildings, pushing that segment toward a buyer’s market.

Single-family home prices are still holding steady or modestly up year-over-year, and local forecasts expect continued modest price growth of roughly ~3.4% in 2026 as mortgage rates stabilize around the mid-6% range, sales rebound slightly, and demand stays steady. The shift toward balance means buyers have more negotiating power and more time to choose, while sellers in the single-family space can still get solid pricing if they market smart, though condos may require price strategy and patience.

Here are the key forces shaping the market now:

- More homes available than a year ago.

- Single-family prices modestly rising and forecasted to continue doing so in 2026.

- Condos still struggling with elevated inventory and pricing pressure.

- Mortgage rates expected to hover around ~6%, which supports a rebound in sales.

Written in Januray 2026*

Upfront costs need to be paid at the beginning of a purchase to cover a buyer's due diligence or performance on a purchase contract.

1. Earnest Money Deposit – A deposit to show the seller you’re serious about your offer. It usually ranges from 1-3% of the purchase price and is applied to the down payment or closing costs.

2. Home Inspection – The cost for a home inspection is typically around $300-$500, depending on the size of the home and location. This is paid to the inspection company.

3. Appraisal Fee – The lender usually requires an appraisal to determine the home’s market value, costing around $300-$700.

   Closing costs are fees paid at the end of a purchase associated with finalizing the sale and typically range from 6-25% of the home’s purchase price. Common closing costs include title insurance, attorney fees, lender fees and down payment, property tax prorations, homeowners insurance, mortgage insurance, and HOA fees.

An offer should be based on the asking price, comparable sales in the area, and how competitive the market is. What I always say is if you love the house, the seller needs to love your offer by being as close as possible to what they want, while staying within your means.

Depending on how the contract is written, yes, you can back out of a deal during the contingency period (such as after a failed inspection or appraisal issues). However, you may lose your earnest money deposit if you back out without a valid reason. We'll go over all contingencies at your buyer consultation.