Cape Canaveral · Selling
Behind on mortgage payments in Cape Canaveral
A local agent and a free HUD housing counselor first. Never a rushed cash sale.
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Cape Canaveral sits next to Port Canaveral, one of the busiest cruise ports in the world.
Falling behind on your mortgage can feel frightening and lonely. The letters, the calls and the worry about losing your home can make it hard to sleep or even open the mail. Many people who end up here did nothing wrong: a job loss, an illness, a divorce or a big repair can knock anyone off balance.
Read the full guide: behind on mortgage payments, step by step →
What this means in Cape Canaveral
- The typical owner-occupied home in Cape Canaveral is worth about $372,400, 10% above the Brevard County typical value. At about 6–8% total selling costs, that is roughly $22,300–$29,800 on a typical sale here; your own number depends on your price and mortgage.
- About 38% of homes in Cape Canaveral were built before 1980. Older Florida homes often need a 4-point inspection (roof, electrical, plumbing, heating and cooling) before an insurer will cover them, so having one done early can stop surprises after you accept an offer.
- Cape Canaveral is on the barrier island, so flood zones and wind insurance weigh more here than on the mainland. Florida law now requires sellers to tell buyers about past flood claims and flood damage (section 689.302), and buyers should ask for flood insurance quotes before the inspection period ends.
- Court papers for probate, divorce and foreclosure cases in Cape Canaveral are filed with the Brevard County Clerk of the Circuit Court, which has offices in Viera, Titusville, Melbourne, Palm Bay and Merritt Island. Recorded deeds and the property's sale history are on the Brevard County Property Appraiser site.
- To look up a home's flood zone in Cape Canaveral, use City of Cape Canaveral Flood Information. A home's flood zone decides whether a lender requires flood insurance.
- Vacation rentals in Cape Canaveral fall under the city's Vacation Rental and Inspection Program, which began on October 1, 2021.
What’s different for you
- Talk to a free HUD housing counselor. They help you understand every option before you decide anything.
- Meet a local agent. If selling is the right answer, they plan it around your dates.
- Never a rushed cash sale. CloseHive does not run cash offer rounds for homes behind on payments.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Cape Canaveral. You always see what to do next, and your agent handles the how.
Cape Canaveral in numbers
- The typical home here is valued at about $372,400, which is 10% higher than Brevard County as a whole ($339,600).
- The typical home here was built around 1985, about 41 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- About 41% of homes here are rented, more than the county's 23%. Expect some buyers to be investors.
- Homes on the barrier island usually cost more to insure for wind and flood. Get insurance quotes before your inspection period ends.
- Owners with a mortgage pay about $1,759 a month in housing costs, $441 more than typical rent ($1,318). Many of those owners bought years ago at lower prices, so today's buyers often pay more.
At a typical Cape Canaveral price of about $370,000, Florida's deed tax is $2,590 and the owner's title policy is about $1,925. Typical value here is 5.5 times the typical household income, compared with 4.3 for the county.
Questions people ask
Where do I find a HUD housing counselor?
Search “HUD approved housing counseling” on hud.gov; the help is free.