The Florida Seller's FAQ Vault

Authored by Max Cohen, this knowledge base provides transparent answers for homeowners dealing with Florida's unique foreclosure, probate, and property defects.

The Process Money & Fees Defects Legal Tenants Glossary

The Process & Timeline

How fast can you actually close?
We can close as fast as the title company can clear the title, which is typically 7 to 10 days. However, we always prioritize your schedule. If you need 60 days to move or manage legal matters, we can schedule the closing for the exact date you choose. You are in complete control of the timeline.
Do I need to come to an office to close?
No. While you are welcome to attend the closing at the title company's office, most of our sellers prefer a Mobile Notary. We can send a notary to your home, your job, or any location in Florida to have you sign the final paperwork. It typically takes less than 30 minutes.
What do I need to bring to closing?
You typically only need two forms of ID (usually a Driver's License and another photo ID or social security card). You do not need to bring money. Since we cover closing costs, any outstanding debts or costs are deducted from the sale proceeds, and the net cash is wired to you.

Money, Price & Fees

How does the "Cash Offer" formula work?
We are very open about this. We start with the After Repair Value (ARV)—what your house would sell for if it were fully renovated. We then subtract:
  • 1. Cost of Repairs (Materials + Labor for defects like Cast Iron Pipes)
  • 2. Transaction Costs (Title fees, insurance, taxes, marketing the renovated home)
  • 3. Our Minimum Profit Margin (Allows us to stay in business and take on the risk)

The remaining number is your cash offer. It is a net number—no hidden fees deducted later.

Is the offer negotiable?
Yes, within reason. If you have recent appraisal data, a survey, or contractor's bids that show our initial repair estimates are too high, we encourage you to share them. We use data to make our offers, and if you have better data, we are happy to adjust our numbers to make the deal fair for both parties.
Who pays the closing costs?
We pay all standard closing costs. In a traditional Florida sale, you might pay 2-3% of the sales price in closing costs, plus the real estate commissions (5-6%). When you sell to us, we cover the title search, title insurance, recording fees, city transfer taxes, and attorney fees. You walk away with the net cash we agreed upon, guaranteed.

Property Defects & As-Is Sales

My house has black mold and a leaky roof. Is that a dealbreaker?
Not at all. Major flaws like mold, roof damage, or foundation issues scare off retail buyers because banks won't lend on the property. Since we pay cash, we are not beholden to lender rules. We buy mold-infested homes and damaged properties **As-Is**, factoring in the cost of professional remediation and repair after we close.
What about the common Florida defects like Cast Iron Pipes?
We specialize in properties with endemic Florida issues. This includes: Cast Iron Pipes that need total replacement, Federal Pacific Electric Panels that require costly upgrades for insurance, and homes in high-risk FEMA Flood Zones. These issues are non-negotiable for retail buyers, but routine business for us.
What if I'm a hoarder or the house is full of stuff?
Please do not clean! Take the items you cherish and leave absolutely everything else. Old furniture, boxes, clothes, trash, and debris—leave it all. We handle the entire cleanout and disposal process, which saves you immense stress, time, and money on dumpsters. We are judgment-free; we view it simply as a logistics task.

Tenants & Squatters

My tenant hasn't paid rent in 6 months. Will you buy?
Yes. Selling a house with non-paying tenants is one of our specialties. You do not need to evict them or take on the landlord role again. We buy the property subject to the lease and become the new owner. We handle the legal eviction process after closing, saving you the stress and legal fees associated with Florida landlord-tenant law.
What about Squatters or Holdover Tenants?
Squatters can be dangerous and difficult to remove, requiring specific legal proceedings. We buy properties with unauthorized occupants present. We understand Florida's unique laws regarding possession and have established legal teams ready to manage the possession process immediately after closing. You sell and walk away cleanly.

Florida Real Estate Glossary

Arrears

Money that is overdue and unpaid. Usually refers to missed mortgage payments or property taxes, which can lead to foreclosure.

Lis Pendens

A formal notice filed in the County Clerk's office that informs the public of a pending lawsuit against the property, typically the first step in the Florida **Judicial** foreclosure process.

Judicial Foreclosure

The type of foreclosure used in Florida, where the lender must sue the homeowner in court. This process is time-consuming (approx 200 days) but provides sellers time to seek a cash offer.

Probate

The court-supervised legal process in Florida where a decedent's assets (like a house) are distributed. The property must be sold by a court-appointed Personal Representative.

Proof of Funds

A document (usually a bank statement) showing the buyer actually has the liquid cash to close the deal. We provide this immediately with every offer.

As-Is Contract

A sales agreement where the buyer accepts the property in its current condition, waiving the right to ask for any repairs, including those related to Cast Iron Pipes or structural defects.

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