July 25, 2021

Do I Need Florida Condo Insurance?

In Florida, condominiums are required to have a master insurance policy that covers repair or replacement to certain common areas such as:

  • roof
  • pool
  • tennis courts
  • landscaping
  • elevators
  • condominium structure
  • clubhouse
  • fitness centers

Some condominium master insurance policies may cover an individual unit's ceiling, bare walls and original flooring. It's also possible that the policy includes coverage for private balconies, porches, terraces and windows. You'll need to read the community's bylaws to determine the extent of coverage in your community. The monthly maintenance fees paid by owners pays for the policy.

Florida law doesn't require condominium owners to purchase individual policies, but the condo association might require both owners and tenants to be insured. Condominium insurance is known as H06, and the policies cover such items as:

  • personal belongings
  • appliances
  • wall coverings
  • loss of use if the unit becomes uninhabitable
  • liability if someone is injured inside your unit

If you're purchasing a new unit, the application form should request proof of insurance if it's required. Ask your insurance for a binder letter that states the policy will go into effect on the specified closing date. When in doubt, call the association or property management company for clarification.








Posted in Buyers
July 18, 2021

South Florida 55+ Pet-Friendly Community

Hollybrook Golf & Tennis Club in Pembroke Pines is an active gated 55+ community in Pembroke Pines, and one of the very few in the South Florida area that allows pets. The weight limit is 20 pounds, but this is a welcome benefit for seniors with small dogs. Residents can enjoy a variety of amenities including:

  • Golfing on one of the two golf courses and only pay for the cart fee
  • Swimming in one of the 6 pools
  • Playing tennis on one of the 14 tennis courts
  • Playing pickleball on private courts
  • Enjoying theatrical productions in the playhouse
  • Fine dining in the private restaurant
  • Partake in card games and billiards, and tone up on the fitness equipment in the recreation center

Unit prices are reasonable and may include water or golf views. There is no mandatory club membership. View active listings here.


Posted in Everyone
July 11, 2021

Impact of 40-Year Mortgages

Did you know that 40-year mortgages are now a thing? Well, they are. Read on to learn more about this new offering.

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Posted in Buyers
July 3, 2021

Tips For Frustrated Prospective Tenants

Inventory is falling and rents are rising. What's a prospective tenant supposed to do? Here are some tips on how to find a suitable place to live.

  1. The eviction moratorium is scheduled to expire on July 31, 2021. Evictions take 3-4 weeks in Florida to work their way through the courts. Therefore, I'd expect to see an increase in available units the first week in September.
  2. Offer $25 - $50 more than the listed rent amount. This should help you if there are competing bids or your credit score is on the low side.
  3. Search apartments.com for professionally managed apartment communities. They may not care about your credit score and may be able to approve your application within 24 hours. Call the number on the ad and ask them about any concerns you may have. Floor plans are usually available online.
  4. You can visit us at https://VeritasRealEstateGroup.com and choose Advanced Search on the search box to find MLS-listed rental properties.
Posted in Tenants
June 26, 2021

4 Ways Floridians Can Save Tax Money

Florida is a great place to live if you want to keep more tax money in your pocket. The four top ways are as follows:

  1. There is no state income tax. Disney World and Universal Studios provide the government with ample tax money.
  2. There is no Florida estate tax.
  3. Homesteaded properties can save homeowners lots of money. Click here and here to read two previous blogs. There are also corresponding videos on our video page.
  4. Homestead savings can be applied to a new Florida property which lowers the assessed value and encourages Floridians to move and keep our real estate market active. Click here for a previous blog on homestead portability. There is also a corresponding video on our video page.
Posted in Everyone
June 19, 2021

Maplewood in Coral Springs FL

Maplewood is a large community located within the Coral Springs Drive, University Drive, Ramblewood Drive, and Royal Palm Boulevard. Most of the area consists of 3-4 bedroom, 2-car garage ranch-style homes. Many of the properties have pools and some have canal views. There are no HOA fees in the ungated portion.

Maplewood Isles is a small, heavily-wooded, gated subsection of Maplewood with uniquely-styled, 4-7 bedroom homes that may sell for more than $1,000,000.   

Please click here for the school locator and here for school ratings.

Please click here to view available listings.

Posted in Everyone
June 13, 2021

Cypress Run Coral Springs

Cypress Run is a wooded, attractive subdivision nestled between Atlantic Boulevard, Lakeview Boulevard, Coral Springs Drive, and Coral Ridge Drive. The lovely, multi-functional Cypress Park is located on its eastern border. Cypress Run properties are predominately 4-bedroom pool homes with 2-car garages. Many are located on canals which offer not only relaxing water views but also the opportunity to kayak through interesting, scenic canals. Living area typically runs between 2,000 - 2,700 sq. ft., and the latest sales prices are approximately $450,000 - $550,000.

The schools are as follows:

Elementary - Westchester

Middle - Sawgrass Springs

High - Coral Glades

Click here to view Cypress Run homes for sale. 


Posted in Everyone
June 5, 2021

Top 10 Reasons to Retire in Coral Springs

Coral Springs is a lovely city with a population of approximately 133,000 people. There are many reasons for retiring in Florida. Here are my top 10 reasons someone may choose Coral Springs: 

  1. 10 miles from the beach
  2. Safe. Violent crimes are mostly restricted to the domestic kind.
  3. Good health care with Broward Health Hospital and multiple urgent care facilities throughout the city
  4. Active senior center with free classes available to seniors 55+ - should have post-pandemic re-opening soon
  5. Lots of shaded sidewalks and parks makes exercising much easier in the summer
  6. Aquatic center features senior exercise classes, fitness center and an Olympic-size swimming pool
  7. Tennis center offers classes and programs
  8. Country Club of Coral Springs includes a public 18-hole golf course
  9. Low or non-existent HOA fees
  10. Wide variety of excellent and affordable restaurants 
Posted in Everyone
May 29, 2021

Florida Homestead Portability

A previous blog post discussed Florida Homestead and Save Our Homes laws. This discussion details what steps you should take to reduce your property tax when you sell your Florida home (or no longer claim it as your primary residence) and buy or declare another Florida home as your primary residence. You must act within 3 years of changing homes to take advantage of the portability savings.

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Posted in Everyone
May 23, 2021

Top 6 Reasons Why I Moved To Coral Springs

I've lived in Coral Springs for more than six years, and I can honestly recommend it as a nice place to live for people of all ages. My top six reasons for moving here are:

  1. Newer development than much of Broward County where people first settled closer to the ocean and then gradually moved west toward the Everglades. Most of the homes in Coral Springs were built from 1985-2007 when the Recession halted new construction.
  2. Safe city. Most of the violent crimes appear to arise from domestic disputes.
  3. Lots of trees means lots of shade and that's particularly appreciated during our warm summer months.
  4. Good schools.
  5. Lots of good restaurants.
  6. Low or non-existent HOA fees.

Give us a call at (954) 554-4881 if you're interested in buying or selling property in Coral Springs.

Posted in Buyers