Frequently Asked Questions
General Real Estate Questions
The first step is getting pre-approved for a mortgage. This gives you a clear idea of your budget and shows sellers you’re a serious buyer.
Down payments typically range from 3% to 20% depending on your loan type and financial situation. Some programs offer low or no down payment options.
Closing costs are fees related to finalizing a home purchase, including lender fees, title insurance, and taxes. They usually range from 2%–5% of the purchase price.
Yes, our listings are updated daily to reflect the latest homes available for sale in Miami and nearby neighborhoods.
Absolutely. We can refer you to trusted mortgage professionals to get pre-approved and assist with financing options.
With nearly two decades of local real estate experience, Arelis offers unmatched market knowledge, trusted guidance, and personalized service.
Questions About Buying
Start by getting pre-approved for a mortgage. This helps you understand your budget and positions you as a serious buyer in a competitive market like Miami.
While you can buy without a realtor, having a professional guide you ensures you avoid costly mistakes, negotiate effectively, and find the best deals.
Consider factors like location, market trends, future development plans, and the property’s condition. Our team can help you make an informed decision based on these criteria.
Questions About Selling
The right time to sell depends on market conditions and personal goals. We can help you analyze the local market trends and determine the best time to list your property.
The process typically includes preparing your home, setting the right price, listing it on multiple platforms, negotiating offers, and closing the deal with the help of a real estate agent.
We conduct a comparative market analysis (CMA) to assess the market value of your home based on similar properties in your area, ensuring it’s priced competitively to attract buyers.
Questions About Renting
When renting in Miami, consider factors like location, budget, proximity to work or schools, and amenities offered by the property or building.
Average rent varies by location and property type. Expect to pay around $1,800–$2,500 per month for apartments, with higher costs for luxury properties and waterfront homes.
While not mandatory, working with a realtor can help you find the best rental options, negotiate the terms, and guide you through the lease agreement.