I inherited a house in Lake Wales. Where does probate happen?
Polk County probate runs through the Clerk of Courts at the main courthouse, 255 N. Broadway Ave. in Bartow. Original wills have to be filed there, since the Lakeland and Lake Alfred branches do not take them. If you live out of town, a Florida probate attorney can often handle much of the process for you. We can make an offer while probate is moving so you know your options.
How long are homes in Lake Wales taking to sell?
Redfin shows a median of 54 days on market for the three months ending August 2026, and the median sale price was down 10.8% from a year earlier. In ZIP 33853, days on market rose from 31 to 46. Add time for a buyer's inspection, appraisal and loan, and many retail sales take longer than owners expect.
Why is my tax bill higher inside the city than my friend's outside it?
The City of Lake Wales charges its own millage. For 2025, the total inside city limits was 20.1541 mills, while unincorporated Polk was 12.9761 mills. Your homestead exemption and Save Our Homes cap also affect your bill. The Polk County Property Appraiser or a tax professional can explain your exact numbers.
Can I sell a Lake Wales house that still has damage from Milton or Ian?
Yes. Many homes around Lake Wales had roof, tree and water damage from Ian in 2022 and Milton in 2024. You can sell as-is without making repairs first. If you have an open insurance claim, talk to your insurer before closing so you understand what happens to that claim when the home changes hands.
Will the buyer keep my homestead savings?
No. Under Florida's Save Our Homes rule, the cap and exemption come off at the end of the year of sale, and the home is reassessed at market value for the new owner. Some of your savings may move with you to a new Florida homestead. The property appraiser can tell you how that works.
I own several rentals near Lake Wales. Do I have to sell them one by one?
No. We can look at buying a group of homes together, with tenants in place, either for cash or on terms like seller financing where you get a down payment and monthly payments. Every deal closes through a licensed Florida title company. A tax professional can tell you how each option affects you.
What does it cost to ask HOMKEYS for options?
Nothing. Asking for a review does not commit you to sell, and you can take your time comparing our options with listing or any other offer.
Can I sell my Lake Wales rental with the tenant still living there?
Yes. A sale does not end the lease by itself, so the buyer typically takes over the tenant and the security deposit. Gather the lease, rent history and deposit records first. A cash or terms buyer can often close with the tenant in place, while a listing needs showing access. Subject to qualification, property inspection, and transaction terms.
Can I sell my Lake Wales rental with seller financing?
Yes. You become the lender and collect monthly payments secured by a mortgage on the house. Federal rules limit how often sellers can finance and set loan terms, and Florida caps most loan interest at 18% a year. Have a real estate attorney draft the note and mortgage, and ask a CPA about taxes.
How do I sell a Lake Wales house with past sinkhole or settling issues?
Gather engineer reports, repair records and insurance letters, and disclose what you know. Florida policies must cover catastrophic ground cover collapse, but broader sinkhole coverage is optional, so buyers may face insurance questions. A cash buyer can take the house as is, without you managing repairs first. Subject to qualification, property inspection, and transaction terms.
I am behind on Polk County property taxes. How long before I could lose the house?
In Florida, unpaid taxes become delinquent and a tax certificate is sold on the property. About two years later, the certificate holder can apply for a tax deed, which can lead to a public sale. You can pay off taxes and interest through the tax collector, or from your sale proceeds at closing.