These are general answers to questions buyers often ask when they first start looking for a home in Citrus County or anywhere in Florida. Joviland is an independent guide, not a realtor, lender or attorney, so treat this as background reading and ask a licensed professional about your own situation.
Where should I start?
Most buyers start with their budget and, if they need a mortgage, a conversation with one or more lenders. Knowing what you can comfortably afford makes every later step easier. Our step-by-step buying guide lays out the whole process.
What is the difference between pre-qualification and pre-approval?
Terms vary between lenders, but pre-qualification is often a quick estimate based on what you report, while pre-approval usually involves the lender reviewing documents and credit. Ask any lender exactly what their letter means and what conditions it carries.
Do I need an agent?
That is your choice. Many buyers use a licensed agent; some do not. If you interview agents, ask how they are paid and what services they provide. See Questions to Ask Any Agent.
What goes into an offer?
Typically the price, deposit, financing terms, inspection period, closing date, what conveys with the house and any contingencies. Contingencies are conditions that must be met for the sale to go ahead, and they deserve careful reading.
Should I get a home inspection?
Most buyers do, even on newer homes. An inspection can reveal issues that affect your decision or your negotiation. Read Home Inspections, Explained.
What is an appraisal?
If you are borrowing, the lender usually orders an independent estimate of the home's value to make sure it supports the loan. An appraisal is not the same as an inspection.
Do I need flood insurance?
FEMA notes that most homeowners insurance does not cover flood damage and that flood coverage is a separate policy. FEMA flood maps show how likely an area is to flood. Your lender may have requirements too. See Flood Zones, Explained.
How can I check a property's history?
The Citrus County Property Appraiser publishes ownership, sales and parcel map information online. Our guide to checking a home's public records explains how buyers use it.
When is hurricane season?
The Atlantic hurricane season runs from June 1 to November 30, per NOAA's National Hurricane Center. Ask about storm features such as shutters and roof condition, and read Getting a Home Hurricane-Ready.
What happens at closing?
You review and sign the final documents, funds are transferred and ownership changes hands. Review the paperwork in advance and ask about anything you do not understand.
Is there a sample timeline?
Yes: see A Sample Home-Buying Timeline.