Useful Real Estate Information

Useful Real Estate Information


Useful Real Estate InformationWhether you are a first time buyer or an experienced investor, you will find useful Real Estate information about how to choose the “right” property, making an offer, negotiating, financing, mortgage rates, moving, and everything involved in making an informed Real Estate decision in today’s market.  If you cannot find the information you want, please contact me.

 

1031 Exchanges:  Under section 1031 of the Internal Revenue Code, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. 

Florida Homestead Exemption:  Every person who owns a dwelling in the State of Florida and who resides in that dwelling, and in good faith makes it his or her permanent home, is eligible for this exemption.  

Flood Facts:  With two mouse clicks, a homeowner – or homebuyer thinking about making an offer – can find a property’s potential risk from flooding. FEMA keeps a record of every address in America at http://www.floodsmart.gov.  For a floodplain map, go to http://msc.fema.gov. To apply for flood assistance or get more information, visit FEMA’s Web site at: http://www.fema.gov.

Glossary of Common Real Estate Terms:  Because real estate terms also can be confusing, here is a glossary of some of the most common ones.  

Home Type Descriptions:  Confused with the difference between a condo, town home, veranda, carriage home, coach home, villa, etc.?  If so, this simple glossary should help.

Save Our Homes Amendment:  What is it, how does it work and how what do I have to do to qualify?

Short Sale Information for Buyers:  What you need to know about Short Sales if you are an interested buyer. 

Short Sale Information for Sellers:  What you need to know about a Short Sale if you are forced to sell your home. 

I hope the above useful Real Estate information has been helpful.  If you cannot find the information you need, please contact me and I will add it. 

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