Sellers

Buyers Dreaming, Nuts & Bolts, Sellers

What’s ‘Special’ About Special Assessments? April 26, 2023 by Meredith Caruso

What’s ‘Special’ About Special Assessments? By Meredith Caruso Special assessments appear in various places of the Florida Realtors/Florida Bar contract, but Paragraph 3(c) on the Condo Rider has confused more than a few members. ORLANDO, Fla. – The contracts and riders/addenda Florida Realtors offers members mention “special assessments” in various places. However, one tends […]
Buyers Dreaming, Nuts & Bolts, Sellers

InterNACHI’s Estimated Life Expectancy Chart for Florida Homes, AUG, 2022

SOURCE: https://www.nachi.org/myowncopy.htm The following chart details the predicted life expectancy of appliances, products, materials, systems and components for homes in the state of Florida. (It may also be applicable to states in the nearby coastal region with similar climate and weather conditions on a typical basis.) While many components and systems in homes located in […]
Buyers Dreaming, Local INFO, Sellers, SRQ RE Market Updates

July 2022 – Local Market Snapshot

CLOSED SALES DECREASE IN SARASOTA AND MANATEE AS INVENTORY CONTINUES TO GROW Click here for the July 2022 Press Release and Statistics. The inventory of active listings in the two-county region continues to increase year-over-year in July 2022. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), […]
Sellers

Remodel or buy? How to make the right move

With home prices and interest rates rising across the country, you may be reevaluating your housing situation: Should you take advantage of the seller’s market and upgrade before interest rates rise further? Or should you leverage your home’s equity to finance a renovation? It’s a significant decision that will depend on your specific financial situation […]

Buyers Dreaming What’s ‘Special’ About Special Assessments? April 26, 2023 by Meredith Caruso What’s ‘Special’ About Special Assessments? By Meredith Caruso Special assessments appear in various places of the Florida Realtors/Florida Bar contract, but Paragraph 3(c) on the Condo Rider has confused more than a few members. ORLANDO, Fla. – The contracts and riders/addenda Florida Realtors offers members mention “special assessments” in various places. However, one tends […]

Buyers Dreaming InterNACHI’s Estimated Life Expectancy Chart for Florida Homes, AUG, 2022 SOURCE: https://www.nachi.org/myowncopy.htm The following chart details the predicted life expectancy of appliances, products, materials, systems and components for homes in the state of Florida. (It may also be applicable to states in the nearby coastal region with similar climate and weather conditions on a typical basis.) While many components and systems in homes located in […]

Buyers Dreaming July 2022 – Local Market Snapshot CLOSED SALES DECREASE IN SARASOTA AND MANATEE AS INVENTORY CONTINUES TO GROW Click here for the July 2022 Press Release and Statistics. The inventory of active listings in the two-county region continues to increase year-over-year in July 2022. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), […]

Sellers Remodel or buy? How to make the right move With home prices and interest rates rising across the country, you may be reevaluating your housing situation: Should you take advantage of the seller’s market and upgrade before interest rates rise further? Or should you leverage your home’s equity to finance a renovation? It’s a significant decision that will depend on your specific financial situation […]

Buyers Dreaming Property Fraud Alerts, a growing Problem … 2021 Property Fraud Alerts in Sarasota and Manatee Counties…. Property and identity fraud are a nationwide problem. By filing fake deeds, scammers appear to own property, and can fraudulently rent or sell the property without the knowledge of the true owner. Your Sarasota Clerk and Comptroller wants to help you in protecting against property fraud. By […]

Local INFO 3 Fla. Cities Now Hotter Than Before Pandemic – AUGUST 2020 AUGUST 13, 2020 RE Recovery Index: 3 Fla. Cities Now Hotter Than Before Pandemic By Kerry Smith The real estate market is better than before the pandemic, according to realtor.com’s weekly index, as a third Fla. metro area rose into positive territory. SANTA CLARA, Calif. – The U.S. real estate market is doing better than […]

Local INFO Buyers want it, Sellers have it? Inventory…! MARCH 2020 Low Inventory Generates Strongest Seller’s Market in 15 years Housing inventory. Buyers want it, Sellers have control of it and Realtors are hustling to work with what’s available while generating new listings to keep up with the demand. Even during these extraordinary times and the looming affects of COVID-19, real estate is as hot as ever. […]

Local INFO June 2020, Existing-Home Sales Climb Record 20.7% JULY 22, 2020 NAR: June Existing-Home Sales Climb Record 20.7% U.S. home sales rose a record amount month-to-month in June, NAR says – but part of the reason is because May sales fell dramatically in the early days of the pandemic. WASHINGTON – Existing-home sales rebounded at a record pace in June, according to the […]

Buyers Dreaming FIRPTA – Foreign real estate owners ….. Excellent FIRPTA Overview IRS FIRPTA info Video FIRPTA WithholdingWithholding of Tax on Dispositions of United States Real Property InterestsThe disposition of a U.S. real property interest by a foreign person (the transferor) is subject to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. FIRPTA authorized the United States […]

Sellers Sellers Property Disclosure … Florida, like many other states, now requires sellers of homes and other residential properties to make certain disclosures to buyers about the property’s condition and history. This is a shift from the traditional legal principle of “let the buyer beware,” which basically made it the buyer’s responsibility to inspect the home and discover whether there […]

Sellers Open House Timeline: Countdown to a Successful Sale … Open House Timeline: Countdown to a Successful Sale An inviting open house can put your home on buyers’ short lists. Get ready for your open house — stress-free — by starting early and breaking down your to-do list into manageable chunks. Use this timeline of 35 tips and your house will stand out from the […]