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CondoHolic

Found 55 blog entries about CondoHolic.

The Best Activities in Pompano Beach for May, 2024

Nestled along Florida's picturesque coastline, Pompano Beach attracts visitors with its pristine shores, vibrant culture, and exciting events. As May unfolds, the city comes alive with an array of activities catering to every interest. Whether you're a local resident or a visitor planning your trip, here are the top 10 things to do in Pompano Beach this May.

  1. Pompano Beach Fishing Rodeo

    • Date: May 10th - 12th, 2024
    • Time: 7:00 AM - 5:00 PM
    • Location: Pompano Beach Fishing Pier
    • Anglers of all skill levels are invited to participate in this annual fishing tournament, where prizes await those who reel in the biggest catches. Spectators can enjoy the excitement from the pier as
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Welcome to Fort Lauderdale, where vibrant culture meets stunning beaches! As May unfolds, the city bursts with excitement, offering an array of events and activities to indulge in. Whether you're a local or a visitor, here's a curated list of the top 10 things to do in Fort Lauderdale this May.

  1. Las Olas Wine and Food Festival

    • Date: May 3rd, 2024
    • Time: 7:30 PM - 10:30 PM
    • Location: Las Olas Boulevard
    • Indulge in an evening of culinary delights and exquisite wines as renowned chefs showcase their talents amidst the charming ambiance of Las Olas Boulevard.
  2. Tortuga Music Festival

    • Date: May 10th - 12th, 2024
    • Time: Varies
    • Location: Fort Lauderdale Beach Park
    • Get ready for three days of non-stop music featuring
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Be Aware: Deed Fraud, How to Protect Yourself

The switch to online records may be part of the problem. All of Florida’s 67 counties have some sort of property fraud alert program, but more people need to sign up.

ORANGE PARK, Fla. – Across Florida, scammers are selling people's land and even homes behind their backs.

Officials are urging property owners to protect themselves this week.

It's called property deed fraud, and there's been a big spike in cases here in Florida because the real estate market in the Sunshine State is hot.

More than 54% of real estate professionals experienced it firsthand in just the second half of 2023. It happens when a scammer steals someone's identity and title and then sells your property without you

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As a result of the Condo collapse in Surfside, Florida, there is a new law relating to condo inspections.

The new law relates to the entire State of Florida.

553.899 Mandatory structural inspections for condominium and cooperative buildings.—

(1) The Legislature finds that maintaining the structural integrity of a building throughout its service life is of paramount importance in order to ensure that buildings are structurally sound so as to not pose a threat to the public health, safety, or welfare. As such, the Legislature finds that the imposition of a statewide structural inspection program for aging condominium and cooperative buildings in this state is necessary to ensure that such buildings are safe for continued use. (2) As used in…
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In Florida, Contractor Scams are prevalent and you should be on the lookout to prevent getting ripped off.

Whether you own a house, townhouse or a condo, the results can be the same if a contractor is going to cheat you.

There are certain signs to be on the lookout for. These are the main scams that have been found:

- The contractor failed to complete the job contracted for, or did sub-standard or poor quality work.

- The contractor did not complete the job in the timeframe agreed upon. 

- The contractor did not repair or fix items (warrantied) that were not completed as agreed upon.

- The contractor added additional charges that were never contemplated or agreed to.

- The contractor did not pull permits for the agree upon work.

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Condo Investor Deals in Pompano Beach (Search HERE)

Searching for Condo Investor Deals in Pompano Beach? Your search is now made easier:  (Search HERE) The main thing you are looking for is the price, and whether the condo can be rented out right away.

While it is difficult to find condos in Pompano Beach (or any where else in South Florida) that will allow daily or weekly rentals, they do exist, but most condos for sale in Pompano Beach that allow rentals have more severe restrictions. The 2 other things you are looking for are: 1) Has the price been decreased and 2) How long has a Condo been listed for sale, because generally the longer a condo (or other property) has been listed for sale (called "DAYS ON MARKET"), the more anxious or motivated

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Buying & Selling Myths
decorative imageIf you are thinking about buying or selling a home, you likely have some idea of what the process is like. But everyone’s real estate experience is different, so you can’t always believe everything you hear from friends or relatives. Here are some of the most common myths about buying and selling a home.

Myth: I Need to Make a 20% Down Payment
A 20% down payment is not required to qualify for a home loan. While making a down payment of 20% or more allows you to avoid buying private mortgage insurance and lower your monthly payment, you can qualify for a loan with a down payment that's as low as 3-5%. You'll then pay for private mortgage insurance until you've reached 20% equity in your home. There are special rules that apply to second

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If you purchase your home this year, you will inherit the seller's exemption status for the current tax year. Please review your closing statement, as the seller likely gave you a deduction for the seller's pro rata share of the current year taxes. Because of that, you will be responsible for payment of the entire tax when it arrives in November. Next year, your home will be reassessed based upon your purchase price (and the sale prices this year of other qualified market sales in your neighborhood). Finally, if you qualify for homestead exemption, remember that you will need to file for a homestead exemption on the property for next year as the seller's exemptions will automatically be removed at the end of this year.

To estimate your taxes for next

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Homestead Exemption- Low Income Senior Exemption in Broward County

From the Broward County Property Appraiser's (BCPA) office: To qualify for the 2023 Low-Income Senior Exemption, an applicant must be 65 years or older as of January 1, 2023 with a combined household adjusted gross income not exceeding $35,167 for 2022. Many seniors believe they do not qualify for this exemption because their social security payments exceed this amount; however, applicants who file income taxes should look at their adjusted gross income amount (line 11 on the IRS 1040 form) to see if they do qualify for this additional exemption. If you are not required to file an income tax return based on your age and income, you would qualify for this exemption. To apply for the

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The Broward County Property Appraiser's Office (BCPA) is excited to announce the implementation of text notifications for property owners who are registered for Owner Alert. Over 185,000 property owners have registered for the  Owner Alert early notification system. Owner Alert notifies registered property owners if a change of ownership has been processed by our office. This same day alert allows property owners to review the document recorded to ensure they authorized the change.

This is a great way to help prevent fraud and keep tabs on your real estate. As you may be aware, fraud has become a big problem for property owners in the recent past.

To register for Owner Alert or to subscribe for text notifications, please visit BCPA's website

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