A First-Time Buyer’s Checklist for Florida’s 2025 Market
Your step-by-step roadmap to smart, confident homeownership in Florida this year.
🧮 1. Understand Your Financial Foundation
Check your credit score (620+ preferred for conventional loans)
Determine affordability (keep housing costs under 30% of income)
Save for down payment (3–20%) and closing costs (2–5%)
🏦 2. Research and Compare Homebuyer Programs
Florida Housing Finance Corp. loans
Florida Assist & HLP second mortgages
Hometown Heroes: up to $35,000 in aid for qualified buyers
📝 3. Get Pre-Approved & Budget for the Full Cost
Secure pre-approval from multiple lenders
Account for PITI, HOA, insurance, and taxes
Explore temporary rate buydowns
🔍 4. Select a Strong Local Agent & Educate Yourself
Hire a Sarasota/Bradenton/Longboat Key market expert
Complete a homebuyer education course
🏡 5. Shop Smart & Make Informed Offers
Focus on monthly cost, not just list price
Study comps, DOM, and incentive trends
Make competitive yet smart offers
🛠 6. Inspection, Insurance & Closing Prep
Book inspections ASAP (roof, HVAC, plumbing)
Shop for insurance quotes upfront
Prepare for closing fees and move-in costs
🧩 7. Final Checklist Before Closing
Pre-approval complete
Funds in hand
Programs secured
Agent aligned
Inspection & insurance quotes gathered
Buying your first Florida home in 2025 is achievable—even in today’s competitive landscape. With the right preparation, awareness, and local guidance, you can move forward confidently.
Team Renick is here to assist first-time buyers every step of the way—from program selection to closing day. Let’s make homeownership your reality.
