A home inspector is a crucial player in the real estate transaction, as an inspector identifies potentially costly issues that could affect everything from the asking price to the sale itself. That said, an inspector can only do so much. The most accurate home...
Year: 2020
What is the point of a title search?
If you recently began the process to purchase a new residential property, there are a lot of facets to the process that you must finish before you legally own the property. One of the aspects that some homeowners forego is the title search. The Philadelphia Inquirer...
How much power does the condo board have?
If you live in a condominium, you likely have had interaction with the condo board, which is the governing body of the condominium complex. There may even have been a time when the interaction you had was less than pleasant, which may have left your wondering how much...
The Florida homestead exemption provides major tax benefits
We’ve covered the appeal of Florida’s low tax rates on this blog before. One of the biggest tax breaks available to residential property owners is the homestead exemption. This exemption reduces your property's assessed value, effectively reducing the amount of...
What must you consider before renting out a room?
You want to tap into another stream of income by renting out a room in your Florida home. You have never acted as a landlord, so how should you proceed? U.S. News & World Report lays out considerations for opening your home to your first tenant. Learn how to...
What points should a contract for sale of property include?
Perhaps you have decided to sell your home in the Naples area, and you have an interested buyer. When it is time to draft a residential sales contract, what points should the agreement include? Begin with basic information Along with the names of the buyer and seller,...
Relocation and buying or selling a condo in Southern Florida
As a result of changes made to U.S. tax laws, Florida has become an attractive area for individuals living in high-tax regions seeking to relocate and reduce their liabilities. Wealthy Sunshine State newcomers, however, do not appear interested in purchasing...
What should you include in a residential lease?
Preparing to lease residential property in Florida requires careful planning so you can protect your investment. While it would be nice to think that every tenant will have integrity and respect your property it is not guaranteed. A well-written lease agreement can...
What do you know about tenant rights?
To make extra income, you may rent out a room in your Florida home. Researching landlord rights helps you understand your obligations, but so does looking into tenant rights. U.S. News & World Report breaks down the basics of tenant rights. Learn how to improve...
Naples and surrounding areas seeing vigorous real estate activity
“Encouragingly robust.” That is the assessment based on empirical evidence offered in a recent analysis of the real estate market across Collier, Lee and Charlotte counties. In fact, some principals in the industry admit to frank surprise that real estate activity –...