Buyers

Dec. 1, 2021

Is Cash Really King in Real Estate?

Is cash really king when purchasing real estate? The short answer to that question is yes, and there are some good reasons why that’s the case.

Contracts to purchase a home typically have a number of contingencies and deadlines in them that allow a buyer and/or seller to cancel ...

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Posted in Buyers, Everyone, Sellers
Oct. 14, 2021

6 Tips When Buying A Home

Buying a home can be a frustrating journey full of pitfalls and unexpected expenses. Here are some important things to keep in mind that should ease your path.

  1. Check your credit report and score. Unless you are paying cash for your home, your credit can make or break you. Check ...

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Posted in Buyers
Aug. 8, 2021

FHA 203(k) Mortgage Rehab Loan

Are you interested in purchasing or refinancing a home that needs repairs or alterations but you don't have enough cash to get the job done? If so, a 203(k) mortgage loan may be right for you. With this type of mortgage loan, funds are provided to pay the ...

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Posted in Buyers
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 ...

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Posted in Buyers
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.

Conventional loans have no government guarantees or insurance that the lender won't lose money on a mortgage transaction that results in a short sale or ...

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Posted in Buyers
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 ...
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Posted in Buyers
May 8, 2021

5 Intriguing Things To Do in Coral Springs

Here's my list of five interesting things to do in Coral Springs that might not have occurred to you.

Panthers Ice Den - This is the practice facility for the Florida Panthers professional hockey team. With three ice rinks,  there is plenty of room for everyone and for ...

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Posted in Buyers, Sellers
May 1, 2021

Florida Property Tax Surprise

Many first-time Florida home buyers are shocked when they receive their property tax bill in November of their second calendar year of ownership. Nobody warned them that it might be unexpectedly high. Very high.

Properties in South Florida (not sure about the rest of the state) are appraised every year ...

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Posted in Buyers
April 25, 2021

Broward Homestead Exemptions

Florida residents need to file for homestead. Why? Because it can save you lots of money in property tax. Here are the requirements:

  • Florida resident
  • Owner-occupied property
  • No other homestead property anywhere in the world 
  • File by Jan 1 to qualify for savings that year
  • March 1 filing deadline
  • Obtain ...
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Posted in Buyers
April 11, 2021

South Florida FHA Lending Restrictions

If you're planning on getting an FHA mortgage loan to purchase a South Florida condo, think again. It's probably not going to happen. The FHA has strict guidelines on which condominium complexes can have any more FHA purchase loans. The reasons for the restrictions date back to the ...

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Posted in Buyers