Can you get a mortgage on the Space Coast if you are self-employed?

Yes. Lenders in Brevard County generally want two years of personal and business tax returns from a self-employed buyer, though one year can work when you have a documented history in the same line …

Can you buy a duplex with a low down payment in Brevard County, FL?

Yes. If you live in one unit, FHA allows two-to-four unit purchases up to $693,050 for a duplex in Brevard County in 2026, and Fannie Mae allows up to 95% financing on owner-occupied …

How old is too old for an air conditioner on a Brevard County home?

On Florida's Space Coast, an air conditioner past roughly 12 to 15 years is near the end of its useful life, and anything still running R-22 refrigerant is expensive to repair because R-22 …

Can you finance repairs into a mortgage on the Space Coast?

Yes. FHA 203(k) and Fannie Mae HomeStyle Renovation loans let Brevard County buyers roll repair costs into the purchase mortgage, with the Limited 203(k) capped at $75,000 in rehabilitation costs.

Some of the best-located houses …

What is a code enforcement lien on a Brevard County home?

A code enforcement lien is a recorded claim a local government places on a property after unpaid code violation fines or hearing costs. In Brevard County, Florida, that lien attaches to the property and to other …

How do foreclosure auctions work in Brevard County, Florida?

Brevard County foreclosure sales are run by the Clerk of the Court. Winning bidders owe a 5 percent deposit in certified funds immediately and the full balance by the end of that business day, and the property is …

Can you buy a multigenerational home on Florida's Space Coast?

Yes. Several builders offer multigenerational floor plans in Brevard County, including Lennar's Next Gen designs in the Space Coast and Melbourne market, which place a private suite with its own entrance inside the main house.

The …

When is the final walk-through on a Space Coast home?

Under the standard Florida contract, the buyer may walk through the property the day before the closing date, or on the closing date before the time of closing. The buyer chooses which. It is a right, not …

What happens if a hurricane forms before you close on a Space Coast home?

Your closing date usually moves. The force majeure clause in the standard Florida contract extends closing when a storm makes essential services unavailable, including the ability to bind hazard, wind, or flood insurance …

What is an escalation clause on a Space Coast home offer?

An escalation clause is language in a Brevard County offer that automatically raises your price by a set increment above a competing offer, up to a cap you choose. It only matters in a multiple offer …