RESOURCES
Real Estate
Education
Everything you need to navigate Florida real estate with confidence. Free guides, glossary, market insights, and expert answers to your questions.
Educational Guides
In-depth resources for every stage of your real estate journey.
Buyer's Guide
Most PopularComplete walkthrough of the home buying process, from search to closing.
Seller's Guide
How to price, prepare, market, and sell your home for maximum value.
Investment Properties
Strategies for building wealth through Florida real estate.
Relocation Guide
Moving to Florida? Everything you need to know about the Space Coast.
Florida Real Estate Facts
Important things to know about buying or selling in the Sunshine State.
No State Income Tax
Florida has no state income tax, which can significantly increase your purchasing power compared to high-tax states.
Homestead Exemption
Primary residence owners can reduce assessed property value by up to $50,000. Apply within one year of purchase.
Insurance Considerations
Homeowners insurance is expensive and complex in Florida. Factor in hurricane and flood coverage costs before buying.
Flood Zones
Many Florida properties require flood insurance. Always check the flood zone designation before making an offer.
Neighborhood Guides
Get to know Brevard County's communities.
Melbourne
Mix of historic charm and coastal living with a growing food and arts scene.
Known for:
Palm Bay
Largest city in Brevard with diverse neighborhoods and strong community feel.
Known for:
Cocoa Beach
Classic Florida beach town with condos, pier, and laid-back vibe.
Known for:
Viera
Newer, planned community with family amenities and consistent home values.
Known for:
Rockledge
One of Florida's oldest cities with waterfront properties and mature trees.
Known for:
Titusville
Space Coast gateway with river views and access to wildlife refuges.
Known for:
Real Estate Glossary
Plain-English definitions of common real estate terms.
Appraisal
A professional assessment of a property's market value, typically required by lenders before approving a mortgage.
Buyer's Agent
A real estate agent who represents the buyer in a transaction, helping find properties and negotiate on the buyer's behalf.
Closing Costs
Fees and expenses paid at the end of a real estate transaction, typically 2-5% of the purchase price for buyers.
Comparative Market Analysis (CMA)
An estimate of a home's value based on recently sold similar properties in the area.
Contingency
A condition in a purchase contract that must be met before the sale can proceed (e.g., financing, inspection, appraisal).
Due Diligence
The period after contract signing when the buyer investigates the property through inspections, title search, and other research.
Earnest Money
A deposit made when an offer is accepted, showing the buyer is serious. Typically 1-3% of purchase price in Florida.
Escrow
A neutral third party that holds funds and documents during the transaction until all conditions are met.
Homestead Exemption
Florida tax benefit that reduces assessed value of primary residence by up to $50,000 for property tax purposes.
HOA (Homeowners Association)
An organization that manages a community, sets rules, and collects fees for maintenance and amenities.
Listing Agreement
A contract between a seller and listing agent authorizing the agent to market the property.
MLS (Multiple Listing Service)
A database of properties for sale that real estate agents use to share listings and find buyers.
Pre-Approval
A lender's verified commitment to loan a specific amount, based on income, credit, and asset verification.
Title Insurance
Insurance that protects against claims or disputes over property ownership.
Under Contract
Status indicating an offer has been accepted but the sale hasn't closed yet.
Common Questions
Answers to questions we hear most often.
From starting your search to closing, expect 2-4 months. Once under contract, closing typically takes 30-45 days. The timeline depends on market conditions, your financing, and how quickly you find the right home.
Typical seller costs include agent commissions, title insurance, doc stamps, and prorations. In Florida, expect total closing costs of 6-8% of the sale price. We provide a detailed net sheet so you know exactly what to expect.
Legally, no. Practically, yes. An agent provides access to listings, market expertise, negotiation skills, and contract guidance. For buyers, the seller typically pays the buyer's agent commission, so representation often costs you nothing extra.
Pre-qualification is a quick estimate based on self-reported information. Pre-approval involves verified documentation and a credit check, providing an accurate loan amount. Sellers take pre-approved buyers much more seriously.
Your offer should be based on comparable sales, property condition, days on market, and competition. We provide a CMA showing what similar homes sold for and advise on strategy based on the seller's situation.
You can negotiate repairs, ask for credits, request a price reduction, or walk away (if you have an inspection contingency). We help you prioritize what matters and negotiate effectively.
Florida property taxes are assessed annually based on property value. The Homestead Exemption can reduce your taxable value by up to $50,000 on primary residences. Taxes are typically escrowed into your mortgage payment.
It depends on your timeline, finances, and goals. Generally, buying makes sense if you plan to stay 3+ years, have stable income, and can afford the down payment and ongoing costs. We can help you analyze your specific situation.
Beyond Real Estate
TRULUX is more than real estate. We offer full-service mortgage financing and custom home construction—all connected.
Ready to get started?
Whether buying, selling, or just exploring—we're here to help.
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