Ugly Home Features Buyers Can’t Overlook

Home shoppers can get hung up on cosmetic issues of a home, even though often times the problems are relatively inexpensive to fix.   “Cosmetic issues are a big problem for a lot of home buyers,” Linda Sanderfoot, a real estate professional with Coldwell Banker in Neenah, Wis., told realtor.com® in a recent article.   … Continue reading Ugly Home Features Buyers Can’t Overlook

Will insurance pay if an Airbnb guest is injured?

A recent survey by Assurant found that 63 percent of 1,000 homeowners polled were unsure whether their homeowners’ insurance policies covered vacation renters. Home-sharing through sites such as Airbnb has grown in popularity, and experts predict that growth in vacation home rentals could hit 25 percent this year, up from a 19 percent increase in … Continue reading Will insurance pay if an Airbnb guest is injured?

Why Lakewood Ranch? #3 Ranked Master Planned Community in the US

From Michael Saunders & Co Blog   Our video series “Why Southwest Florida” takes a look at the many regions of the Gulf Coast and asks real residents why they chose to live here over every other destination in the world.  This month, we sat down with Keith Pandeloglou, a resident of Lakewood Ranch and … Continue reading Why Lakewood Ranch? #3 Ranked Master Planned Community in the US

Fed Leaves Rates Alone – But It’s Closer To Selling Off Bonds

WASHINGTON (AP) – July 27, 2017 – The Federal Reserve is keeping its key interest rate unchanged at a time when inflation remains persistently low. But it signaled Wednesday that it’s edging closer to gradually shrinking its bond holdings, a step that would likely boost long-term borrowing rates including mortgages.   The Fed noted Wednesday … Continue reading Fed Leaves Rates Alone – But It’s Closer To Selling Off Bonds

Market Update – June 2017

Market statistics for June 2017 show an increase in inventory, median sales prices and the median time to contract. Compiled each month from My Florida Regional Multiple Listing Service, the data also indicates an increase in pending sales and a decrease in closed sales, as compared to last year, for the combined two county area. … Continue reading Market Update – June 2017

5 Most Common Home Buyer Regrets

Half of recent home buyers say that if they could repeat the homebuying process, they’d do something differently, according to a survey by financial website NerdWallet.com. Respondents indicate that their biggest source of regret when buying a home was not preparing enough financially for homeownership. Here are some of the most common reasons for buyer … Continue reading 5 Most Common Home Buyer Regrets

Short-Term Rentals and Loss of the Homestead Exemption

Article provided by Berlin Patten Ebling, PLLC   The Florida Property Tax Exemption for Homesteaded Property provides valuable tax benefits to owners of real property in Florida.  Homestead exemption tax benefits include a reduction in the taxable value of a primary residence, as well as a cap on any increase in the taxable value of … Continue reading Short-Term Rentals and Loss of the Homestead Exemption

Most Consumers Think Their Insurance Covers Flooding

Fifty-six percent of consumers recently surveyed believe that a standard homeowner’s policy covers flood damage. But they’re wrong, and their assumption could be costly.   A survey by insuranceQuotes of about 1,000 consumers shows a lot of misunderstanding when it comes to home insurance – specifically what’s covered and what’s not.   “Being misinformed about … Continue reading Most Consumers Think Their Insurance Covers Flooding

The Risk of Home Prices Going Down? ‘Ultra-low’

antidepressants over the counter What are the chances home prices will decline as they did during the recession? Almost none.   The likelihood of home price declines across the United States over the next two years is unusually low – only 4 percent, according to the latest Arch MI Risk Index statistical model for Spring … Continue reading The Risk of Home Prices Going Down? ‘Ultra-low’

Quit Claim Deed Scam Easy To Do, Hard to Fix

Deborah Maxwell thought she did everything right when she bought the house on Chelsea Avenue. A nurse for 28 years, Maxwell bought the rental home from someone she trusted – her longtime insurance agent. Then one day in 2015, she discovered someone had seized ownership of the house, forging paperwork at the Jackson County Courthouse … Continue reading Quit Claim Deed Scam Easy To Do, Hard to Fix