We are in Hurricane Season. It is never too late to get prepared. Please follow the following Steps and Checklist:
Step 1 Hold a family meeting and get your children involved
Step 2 Determine whether you live in an evacuation zone and where you will go when an evacuation order is given. Staying with family and friends outside the evacuation zone is your best option
Step 3 Inventory your home possessions and video/photograph items of value. Review all your insurance policies, including your vehicle policy
Step 4 Look for vulnerabilities such as your roof, windows, garage door, landscaping, tree branches near electric lines, etc., and determine what actions to take
Pompano Beach Condos offer some of the best opportunities in South Florida. Whether you are looking for an oceanfront (or beachfront) or Intracoastal condo, or even a golf community condo, Pompano Beach has a condo to meet your criteria and budget.
Pompano Beach has affordable condos starting under $100k, as well as Luxury condos offering 5 star amenities. Pompano Beach has recently re-developed the beach area to add restaurants, shops and a parking garage. The beach area in Pompano Beach is as wide as any beach in the South Florida area, and the beach is very family friendly.
Pompano Beach has Pet Friendly Condos, and condos for the 55+ community.
For boaters, Pompano Beach has plenty to offer including boat
Now is a great time to sell your home! With a killer combo of low rates and low inventory, sellers can expect to remain in the driver’s seat for the foreseeable future and housing market experts are predicting a year of high demand and rising home prices. Here are the top 6 reasons you should sell your home now.
Reason #1 - Interest rates are expected to rise.
The average interest rate hit record lows in 2021, but most experts are predicting a gradual rise through the end of this year and into 2022. Freddie Mac’s forecast for a 30-year fixed home loan would rise to around 3.8% by the end of 2022. Inflation is on the rise and historically speaking, mortgage rates tend to rise along with inflation. The current economic growth period could also
Can you do a 1031 Like Kind Exchange when you sell a condo?
The answer will depend on several factors.
Like Kind Exchanges, also known as tax deferred exchanges, are defined by Internal Revenue Code (IRC) section 1031. A 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes. By completing a 1031 Exchange, the Taxpayer (“Exchanger”) can dispose of investment or business-use assets, acquire replacement property and defer the tax that would ordinarily be due upon the sale. The key is that the property must be "investment or business-use assets".
Section 1031 has permitted a taxpayer to exchange business-use or investment assets for other like-kind business use or investment assets without
Florida Realtors’ data: April had more closed sales, more new pending sales and higher median prices (up 22.4% for single-family homes, 19.6% for condos) than a year ago.
Florida’s housing market remained strong in April, with more closed sales, higher median prices, more new pending sales and increased pending inventory compared to a year ago, according to Florida Realtors® latest housing data. However, note that the April data is being compared to April 2020 – and the first statewide lockdown due to COVID-19 took effect April 1, 2020.
The latest figures for Florida home sales are as strong as ever. While we're still way above the "normal" rate of sales (compared to non-pandemic years), there are indications a long, gradual — but…
Amendment 5 and Tax Benefits: What It Means for Florida Property Owners. Sellers
This is great news for property owners in the State of Florida.
Amendment 5 was passed, giving sellers of Florida homestead property up to three years – an increase from two – to transfer accrued property tax benefits to a new home.
From Florida Realtors.org:
After passage of a Florida constitutional amendment this year on property taxes, Floridians now have three years – an increase from two years – to transfer (port) any accrued property tax benefits to a new home.
But it’s not usually a full three years, just as it wasn’t a full two years under the previous version of the law.
Sellers who plan to port tax assessment savings to a new home
How to Sell a Condo in Florida- Price your condo based on Availability
This is Part 12 in a series of Articles by Denise Stewart and Melissa Stewart.
Condos are unlike other properties because you can have several condos that are the same size in the same building sell for prices that could vary by over 100%.
Depending on the view, a condo facing the street may be worth less than one-half a condo facing the Ocean. A condo facing the golf course may be worth 75% more than a condo in the same building facing the parking lot.
Appraisers based value on "comps", which are what condos have previously sold for. But the bottom line is that supply and demand is what will influence your buyer more than anything. Just because a similar condo in your
There are some Great Deals if you are searching for condos for sale in Lauderdale By The Sea, FL.
Lauderdale by the Sea is located just to the North of Fort Lauderdale and South of Pompano Beach. The condos for sale in Lauderdale By the Sea are some of the best values in the South Florida area, and they also have some of the most pristine beaches in all of Florida.
Whether you are searching for a 1 bedroom, 2 bedroom or 3 bedrooms condo, and no matter what the view you prefer, you will find a condo that matches your criteria in Lauderdale by the Sea. There are a wide variety of types of units also. If you prefer a town house style unit, there are townhouses available. If you prefer oceanfront condos or condos that are in low rise condos, you will
Mold In Florida: What agents (and their clients) need to know about mold
Mold. The four-letter word that can kill a real estate deal. As a result, a culture of fear has developed around the word. Buyers bolt at the mere mention of it, while remediation specialists publish articles on the danger and devastation mold can cause.
It’s gotten so bad that in some states, home inspectors are advised to no longer use the word mold, instead they are told to use the term “fungal growth.”
But it all mold really that bad? No. Here’s what you need to know to help your clients negotiate that fuzzy world of fungus.
Fact No. 1: A mold is a mold but not a mold
The writer Gertrude Stein once wrote a poem stating that a “Rose is a rose is
Are You searching for a Luxury Condo for sale in Fort Lauderdale?
There is probably no better time to be in the market for an oceanfront or waterfront condo in the city of Fort Lauderdale and surrounding areas.
Fort Lauderdale has some of the nicest oceanfront condos in South Florida and enjoys some of the best amenities offered, including the famous Fort Lauderdale Beach. There is new construction, oceanfront, Intracoastal and even golf course condo communities.
One of the newest and most luxurious condos along the Fort Lauderdale Beach is the Auberge Beach Residences, located at 2200 N Ocean Blvd, Fort Lauderdale, FL 33305. The Auberge has 5 star amenities including 2 restaurants and a world class
