Do you need a property survey when buying a home on the Space Coast?

In Brevard County, Florida, a survey is not required by state law, but most lenders require a current boundary survey before closing. The buyer usually pays, and it protects you from boundary, easement, …

Do you need a permit for a seawall or dock on the Space Coast?

Yes. In Brevard County, Florida, installing or replacing a dock, seawall, or boat lift requires a Residential Marine Construction permit, plus a current survey. Some projects also need Florida DEP review. This matters for …

Do you need a flood elevation certificate to buy a home on the Space Coast?

No. Under FEMA's Risk Rating 2.0, an elevation certificate is no longer required to buy NFIP flood insurance in Brevard County, Florida. It is now optional, but it can still lower your premium …

How long do you have to get a Florida driver license and registration after moving to the Space Coast?

Once you establish residency in Brevard County, Florida, you have 30 days to get a Florida driver license and 10 days to title and register your vehicle. Both are …

Conventional or FHA loan for a Space Coast home in Brevard County, FL?

Conventional loans on the Space Coast can go as low as 3% down with removable PMI, while FHA loans allow 3.5% down with more flexible credit but mortgage insurance that often lasts the life …

Should Space Coast buyers worry about sinkholes in Brevard County, FL?

Sinkholes are part of Florida geology statewide, but risk is not uniform. Space Coast buyers in Brevard County should understand catastrophic ground cover collapse coverage, optional sinkhole coverage, and Florida's disclosure law before they buy.

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How does a reverse mortgage work for Space Coast homeowners in Brevard County, FL?

A HECM reverse mortgage lets Space Coast homeowners 62 and older convert part of their home equity into cash with no required monthly mortgage payment, as long as they live in the home …

When can you cancel PMI on a Space Coast home in Brevard County, FL?

You can request PMI cancellation once your loan balance reaches 80% of the home's original value, and your servicer must automatically end it at 78%, as long as you are current. These federal …

Can Space Coast buyers use the Florida Hometown Heroes program in Brevard County, FL?

Yes. Eligible full-time workers buying a primary residence on the Space Coast can receive up to 5% of their first mortgage amount, capped at $35,000, in down payment and closing cost assistance through …

How does a 2-1 buydown work on a Space Coast home in Brevard County, FL?

A 2-1 buydown lowers your mortgage rate by 2 percent in year one and 1 percent in year two on a Brevard County, FL home, then returns to the full rate. The …