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Florida Probate
The Court Process: Understanding Probate in FloridaProbate serves as a court-supervised process for handling the estate of a deceased individual (referred to as the decedent). Its primary objectives include identifying, collecting, and distributing the decedent’s...
Understanding Florida’s Homestead Exemption Laws
Definition: Florida homestead property is a natural person’s primary residence in the state. It can be up to one-half acre in a municipality or 160 acres in an unincorporated county. All contiguous property is included, even if it has separate legal descriptions and...
Escrowing for Property Taxes with Mortgage Financing
What is EscrowEscrowing for property taxes with mortgage financing is a crucial aspect of managing real estate transactions. When you escrow for property taxes, it means that a portion of your mortgage payment is set aside in an escrow account to cover your annual...
Florida Property Taxes – a quick introduction for new owners
Understanding Property Taxes in Florida Variable Discounts for Early Payment If you pay your property taxes anytime between now and the end of March, you’ll receive the following discounts: November: 4% discount December: 3% discount January: 2% discount February: 1%...
How Fast Can a Home Sell at Auction?
A lot of the issues included with putting a home on the market are eliminated, and companies that specialize in home auctions can do most of the work. There are also a few benefits to selling a home in this manner that aren’t Those who do not want to sell a home...
Estate Sale vs Auction: What’s The Difference?
When a loved one passes away or decides to sell the family home, it can create a stressful situation for those responsible for the house and its contents. Many people assume that the best way to sell the contents of a home is to hold an estate sale, also known as a...
Understanding the basics of real estate property Appraisals
A property Appraisal is needed any time mortgage financing is used to purchase residential real estate. Often, an Appraisal is ordered and everyone anxiously awaits the completed report since it may or may not support the already agreed-upon contract price. An...
“Wind Mit” inspections can reduce Florida home insurance premiums
Here in Florida, property insurance must go beyond a standard Homeowners policy. Because we experience hurricanes and tropical storms, windstorm and flood coverage are strongly recommended, and required when there is mortgage financing on your house or condominium....
FEMA’s 50% Rule – background and basics for Florida homeowners
Ever since Hurricanes Irma, Ian, and Idalia made landfall in Florida between 2017 and 2023, property insurance costs and availability are now front-page news. As a result, most homeowners are now aware of FEMA's 50% Rule as it applies to rebuilding storm-damaged...
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Florida Probate
The Court Process: Understanding Probate in FloridaProbate serves as a court-supervised process for handling the estate of a deceased individual (referred to as the decedent). Its primary objectives include identifying, collecting, and distributing the decedent’s...
Understanding Florida’s Homestead Exemption Laws
Definition: Florida homestead property is a natural person’s primary residence in the state. It can be up to one-half acre in a municipality or 160 acres in an unincorporated county. All contiguous property is included, even if it has separate legal descriptions and...
Escrowing for Property Taxes with Mortgage Financing
What is EscrowEscrowing for property taxes with mortgage financing is a crucial aspect of managing real estate transactions. When you escrow for property taxes, it means that a portion of your mortgage payment is set aside in an escrow account to cover your annual...
Florida Property Taxes – a quick introduction for new owners
Understanding Property Taxes in Florida Variable Discounts for Early Payment If you pay your property taxes anytime between now and the end of March, you’ll receive the following discounts: November: 4% discount December: 3% discount January: 2% discount February: 1%...
How Fast Can a Home Sell at Auction?
A lot of the issues included with putting a home on the market are eliminated, and companies that specialize in home auctions can do most of the work. There are also a few benefits to selling a home in this manner that aren’t Those who do not want to sell a home...
Estate Sale vs Auction: What’s The Difference?
When a loved one passes away or decides to sell the family home, it can create a stressful situation for those responsible for the house and its contents. Many people assume that the best way to sell the contents of a home is to hold an estate sale, also known as a...
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