Can You Sell Your Home If You Still Have a Mortgage?
Yes — most 2026 Florida sales close with an active mortgage. Title sends your payoff straight to the lender, and Sarasota seller costs run 7%–9% of price.
How Does Florida Homestead Portability Save You Money?
Yes — Florida homestead portability moves up to $500K of Save Our Homes savings to your new home within 3 years, worth $3,900–$4,500 yearly in Sarasota.
How Do Seller Concessions Work in Florida?
Florida concessions are closing credits or repair credits. Conventional allows 3%–9%, FHA caps at 6%, VA at 4% plus unlimited closing costs in Sarasota.
How Do Florida Taxes and Homestead Work for Buyers?
Florida’s homestead exemption shaves up to $50K off taxable value and caps annual growth at 3%. File DR-501 with the property appraiser by March 1.
What Do Florida Home Sellers Need to Know About Appraisals?
Florida sellers should know an appraisal is a licensed third-party value opinion. At or above contract, the deal moves; below, you renegotiate or risk it.
What Do Sellers Pay in Florida Real Estate Commissions?
Florida sellers pay 5%–6% in real estate commissions — about 5.5% across Sarasota and Manatee. On a $450K sale that’s roughly $24,750, fully negotiable.
What Must You Disclose When Selling in Florida?
Florida sellers must disclose known material defects under Johnson v. Davis — roof leaks, HVAC, plumbing, foundation, flooding, termites — even on as-is.
What Happens After Your Florida Offer Is Accepted?
After acceptance you have 3 days to deposit, 15 to inspect, 5 to apply for the loan, and 30 to clear financing. Sarasota cash deals close in 32–45 days.
Selling in a Florida HOA Community: What to Know?
Selling a Florida HOA home means disclosing governing docs, dues, and assessments, plus an estoppel letter that can take 10 business days at closing.
What Mistakes Cost Florida Home Sellers the Most?
Florida sellers lose most by overpricing, skipping prep, picking the wrong agent, hiding defects, and refusing fair repairs. Sarasota medians near $525K.
