First-Time Homebuyer Checklist for Florida in 2025

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.

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