When purchasing an investment property or renting an apartment yourself, it is helpful to be aware of some common terms and conditions. Both landlords and tenants, you hold certain obligations. This blog includes an overview of Florida rental terms and conditions. Types of Tenancy Tenancy may be at-will or based on a lease. There are pros and cons to each, but the major difference involves the …
An Overview Of Florida Real Estate Transfer Taxes And Who Pays Them
When real estate is transferred in Florida, real estate transfer taxes (often known as deed recording taxes) are charged. Unlike annual real estate property taxes, transfer taxes are applicable only once when a property changes ownership. It is useful for home buyers and sellers to be knowledgeable on what a transfer tax is and how much it may impact closing figures. This article offers an …
Florida Closing Agent Responsibilities
The closing is the conclusion of all the actions and paperwork in the home purchase process. It is when the purchaser becomes the owner of a property. A closing agent manages the closing and has functions prior to the closing date. This article explains Florida closing agent responsibilities. Role of a Closing Agent A closing agent is usually chosen by the lender to compile documents and other …
Details on Florida Colonial Style Homes
Colonial is a popular design for residential properties. This design dates back to the 1800s and is therefore often found in historical districts. It has specific features that distinguish it from other home styles. The following are details of Florida colonial style homes. Details Of Florida Colonial Style Homes Colonial style homes are often free-standing buildings with two complete floors and …
Home Energy Conservation Guidance – Florida
Reducing energy consumption in your Florida house is not only good for the environment but will also save you money. There are best practices that you can observe throughout the year. This blog provides home energy conservation guidance - Florida. Managing Temperature An electronic thermostat saves money on heat and air conditioning. Rather than leaving your heating or cooling on all day, a …
Florida FHA Mortgage Guidance
FHA is a mortgage where private mortgage insurance is provided with federal funding. Most major mortgage companies offer the program. Although the program is most often utilized by new home buyers, it is not restricted to them. This blog provides Florida FHA Mortgage Guidance and pre-approval recommendations to help you determine if it is a mortgage that you should go with. Advantages Of FHA …
Florida Home Sale Closing Process
The closing (also referred to as settlement) is usually the final step for a home buyer or seller. It is often a day of both apprehension and excitement. It is important to understand what to expect and what can lead to delays. Below is an introduction to Florida home sale closing process for purchases with a mortgage. Clear to Close A clear to close is issued by the lender after all …
Pros And Cons Of Assisted Showings For Florida Property Listings
Assisted showings are when listing agents attend real estate showings. Purchasers and sellers, and listing and buyer agents, always have different opinions about this. Below is an overview of their points of view and the pros and cons of assisted showings for Florida property listings. Buyer and Seller Standpoints on Assisted Showings Seller Points of View People generally dislike allowing …