Is This House a Smart Buy? 7 Things Florida Buyers Forget to Check
Buying a home in Central Florida is exciting, but it can also be overwhelming—especially for a first-time homebuyer. When emotions run high, it’s easy to fall in love with a house and overlook important details that can cost you later.
Whether you're moving to Orlando, Florida, looking at Orlando investment properties for sale, or just trying to figure out how to buy a house in Florida, here are seven things buyers often forget to check before saying “yes” to their dream home.
1. The Condition of the Roof and HVAC
Why It Matters
Florida’s sun, humidity, and storms are tough on roofs and air conditioning systems. Always ask:
How old is the roof?
When was the HVAC last serviced or replaced?
A roof near the end of its life or an outdated AC unit can cost thousands after closing.
2. Flood Zone and Insurance Costs
What to Do
Parts of Central Florida are in flood-prone areas. Check FEMA maps, ask your agent, and know how this will affect your insurance premium. This step is especially important if you're looking in best neighborhoods in Orlando that are near lakes or low-lying areas.
3. HOA Rules and Fees
Read Before You Sign
If you’re buying in a community with a homeowners’ association, ask:
What are the monthly HOA fees?
Are there rules on pets, vehicles, or home improvements?
HOA rules can affect your lifestyle and even your resale value.
4. Future Development Plans Nearby
Why It’s Important
That peaceful lot next door? It might be a construction site in two years. Ask your agent about future zoning and development plans so you know what to expect for the neighborhood.
5. Property Taxes and Cost of Living
Plan Beyond the Mortgage
Taxes vary between Orange County, Osceola County, and Volusia County. Combine this with the cost of living in Orlando (utilities, insurance, groceries) so you know your real monthly expenses.
6. Resale and Investment Potential
Think Ahead
Even if this is your forever home, it’s smart to consider its value down the road. Some areas, like Lake Nona and Kissimmee, are considered among the best places to invest in Florida real estate. If you’re exploring Florida real estate investing, ask about rental demand and average appreciation.
7. Commute and Daily Life
Test the Drive
Don’t forget to check how long your commute will be during rush hour. If you’re living in Orlando, Florida without a car, look into SunRail or Lynx bus routes. Your quality of life matters just as much as the house itself.
FAQs About Buying a Home in Florida
What credit score do I need to buy a house in Florida?
Most lenders require at least a 620 credit score, but a higher score helps with better interest rates.
Are there any Florida first-time homebuyer programs?
Yes! There are Florida first-time homebuyer programs and Florida first-time homebuyer grants that can help with down payments and closing costs.
Can I buy a home with no money down?
Depending on where you buy, you may qualify for USDA or VA loans with zero down payment.
How do I know if a house is a good investment?
Look at its location, school districts, rental potential, and future area development. Areas with strong job growth, like Orlando, Lake Nona, and Kissimmee, are popular for Florida real estate investing.
FAQs About MainStreet Realty
What areas does MainStreet Realty serve?
We specialize in Central Florida, including Orlando, Deltona, DeLand, Kissimmee, Lake Nona, and surrounding communities.
Can MainStreet Realty help first-time buyers?
Absolutely. We guide first-time homebuyers through every step—from understanding grants to closing day.
Does MainStreet Realty work with investors?
Yes! Whether you’re searching for Orlando investment properties for sale or looking for the best neighborhoods in Orlando, our team helps investors make informed decisions.
Final Thoughts
Before you fall in love with a house, take a step back and ask the right questions. Checking these seven things will save you from surprises and ensure you’re making a smart buy in Central Florida.
At MainStreet Realty, we’re here to help you find not just a house—but the right home and community for your future.
Thinking of buying your first home? Let’s make it happen.
Contact MainStreet Realty today:
Email: [email protected]
Address: 2 Volusia Drive, Debary, FL, 32713
Phone: Orlando: 407-789-0925 | Volusia: 386-259-2426 | Lake: 352-729-1425
Website: https://buymainstreetre.com
Your dream of living in Orlando, Florida or anywhere in Central Florida starts here.
