Viewing: February, 2014
Geological Disclosures
Geological Hazards M any home buyers may be unaware that official geologic and flood hazard maps have been developed by local, state, and federal agencies to delineate areas which may be subject to floods or geologic hazards. Real estate brokers and agents in Florida have undertaken part of the responsibility of informing buyers about potential geologic hazards. This geologic disclosure is just one of the many services provided for buyers and sellers by their agent. As a result, buyers are…
Posted in Real Estate
Holding Title on Boca Raton Real Estate
Five Methods of Holding Title: Tenancy in Common Sole Ownership Community Property Joint Tenancy Community Property with Right of Survivorship Tenancy in Common The following are definitions of common vesting as an informational overview. Consumers should not rely on these as legal definitions. We urge you to carefully consider your titling decision prior to closing, and to seek counsel to obtain the most suitable ownership choice for your particular situation. Sole Ownership Sole ownership may be described as ownership by…
Posted in Real Estate
Boca Raton FL Home Warranty Providers
A home warranty plan helps shield a homeowner from the high prices of unanticipated failures of the home systems and appliances. The plan generally provides for the repair, service and replacement of particular parts of methods and appliances that fail due to normal deterioration. In many cases, it’s not in your best interest to pay the extra money for a home warranty plan; but they do offer benefits for certain individuals. Listed below are a few companies Google thought were…
Posted in Real Estate
Florida Real Estate Property Inspections
Time for Inspections Once you have a contract, you need to get inspections done in a timely matter. It’s recommended to have a termite, property and roof inspection at a minimum. Condition, location, type, personal knowledge and other factors should dictate to you what other inspections to order. Inspections can save you money and prevent you from making a poor investment. Your real estate agent can help arrange the different inspections you want. Types of Inspections Termite, roof, wind, property,…
Posted in Real Estate
Why Move to Boca Raton Florida?
South Florida SBA District ranks 2nd in the nation. By increasing financial assistance to entrepreneurs by 92 percent in the first nine months of fiscal 2003, the U.S. Small Business Administration’s South Florida District has won the second-place ranking among 70 district offices in the country. (South Florida Business Journal, July 2003) Five Florida hospitals rank among the Top 100 Most Wired. The 5th annual survey polls the nation’s hospitals and health systems on their use of IT to address…
Posted in Florida
Boca Raton Homeowner’s Insurance
Market Value vs. Replacement Cost When deciding how much insurance you need to cover your home, think replacement cost rather than market value. Most people tend to think about the market value, which is the selling price of your home. This value goes up or down based on the economy, the supply and demand for homes in your neighborhood, local employment levels and other factors. Replacement cost, on the other hand, is the amount it would take to rebuild your…
Posted in Real Estate
Boca Raton Real Estate Property Management
Cost or Save? It goes without saying, that good property management doesn’t have to cost you money…it can make you money. If an investor has purchased property, either a single family home, a duplex, a triplex or a much larger multi family unit, the ultimate goal is cash flow. Pending upon the size of the cash down payment and the condition of the property, cash flow may or may not become a reality. Too often we see investors purchase property…
Posted in Real Estate
Real Estate Books
The Top 3 Books on Amazon about Real Estate: More Books About Florida Real Estate from Amazon
Posted in Real Estate
Real Estate Terms
Abstract (Of Title) A summary of the public records relating to the title to a particular piece of land. An attorney or title insurance company reviews an abstract of title to determine whether there are any title defects which must be cleared before a buyer can purchase clear, marketable, and insurable title. Acceleration The right of the mortgagee (lender) to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor (borrower), or by using the…
Posted in Real Estate
Residency Requirements in Florida
Residency, Driver’s Licenses and Voting in Florida To become an official Florida resident, file a declaration of domicile. The document states that you reside at a certain address and is notarized by the Clerk of the County Court. Contact the Clerk at 561-930-2962. New residents must register their vehicles in Florida within 10 days of gaining employment or enrolling children in school. To register a vehicle, be prepared to provide the Tax Collector’s office with your current driver’s license, proof…
Posted in Florida