Florida now leads the nation in foreclosure filings — and it’s not reckless borrowing behind it, it’s insurance and tax costs. Here’s what’s happening and exactly what to do if you’re feeling the squeeze.
Florida closing costs run 2–
4% of the purchase price — on top of your down payment. That’s $7,000–
$16,000 in additional cash that surprises most first-time buyers on closing
day. Here’s every fee explained in plain English, what’s negotiable, and a
closing cost calculator so you know exactly what to bring to the table.
Five preventable mistakes are costing Florida first-time buyers an average of $38,000 over the life of their loan. Here’s the insider breakdown — from a licensed Florida real estate and mortgage professional — on exactly what they are and how to avoid every single one before you sign anything.
