Buying or selling property in Brevard County is one of the most significant financial decisions you'll ever make—and it’s especially important to understand the steps involved when navigating the vibrant real estate market. Whether you're a first-time homebuyer, a seasoned investor, or planning to sell your current home, knowing what to expect from offer to closing can make all the difference.
At TJ Doad Real Estate, we guide our clients through each phase with clarity and confidence. Here's a detailed guide outlining each step of the property buying or selling process in Brevard County.
1. Making or Receiving an Offer
For Buyers:
Once you've found the perfect property, your agent will help you craft a competitive offer based on market conditions, property value, and negotiation strategy. In Brevard County, where waterfront homes and space industry-related demand can affect prices, a well-structured offer is key.
For Sellers:
When offers come in, you’ll review the price, contingencies, and terms with your real estate agent. You can accept, reject, or counter. The goal? Get the best value with the least hassle.
2. Negotiations & Contract Acceptance
Both parties often negotiate the offer, including price, closing date, and contingencies such as inspections or financing. Once an agreement is reached, both parties sign a purchase agreement, officially moving the process forward.
3. Inspections & Appraisals
Buyers:
You’ll schedule a home inspection to uncover any issues with the property. If problems are found, you can negotiate repairs or credits with the seller. An appraisal is also typically required by lenders to ensure the property is worth the loan amount.
Sellers:
Be prepared for the inspection report and potential requests for repairs or credits. A smooth response helps keep the deal moving toward closing.
4. Financing & Escrow
If you're using a mortgage to buy, this is the stage where your lender moves to complete the loan approval process. An escrow account is typically opened to hold earnest money and manage the funds during the transaction.
In Brevard County, local lenders familiar with the area’s unique property types—like beachside condos or homes near Kennedy Space Center—can help streamline the process.
5. Title Search & Insurance
A title company or attorney will perform a title search to ensure the property is free of liens or ownership disputes. Title insurance protects both buyers and lenders from any future title claims.
6. Final Walkthrough
Buyers usually do a final walkthrough 24–48 hours before closing to ensure the property is in the agreed-upon condition. This is your chance to confirm repairs were completed and nothing has changed since the inspection.
7. Closing Day
This is when ownership officially transfers from seller to buyer. All required paperwork will be finalized, the funds released, and the keys placed in your hands. In Brevard County, many closings are handled at title companies, and remote closings are increasingly common.
Why Choose TJ Doad Real Estate?
At TJ Doad Real Estate, we understand that buying or selling property in Brevard County isn’t just a transaction—it’s a life decision. Our local expertise, attention to detail, and commitment to client satisfaction make us the go-to real estate professionals in the Space Coast area.
We’re here to answer your questions, negotiate on your behalf, and ensure your real estate journey is as smooth and successful as possible.
Ready to Buy or Sell in Brevard County?
Let TJ Doad Real Estate help you navigate the process with confidence. Contact us today at 321-574-5100 or visit tjdoad.com to get started on your next real estate journey in Brevard County, FL.