If you are a Buyer planning to purchase a home, there’s a pretty good chance you’ll be required to give an “escrow” deposit when you and the Seller come to a written agreement and the property is “under contract.” In Central Florida, an “escrow” deposit is synonymous with an “earnest money” d
...
01/15/2011
In June 2010, the Florida Association of Realtors and the Florida Bar approved and released a new “AS IS” Residential Contract For Sale and Purchase. The new contract was expanded to ten pages and there were several changes that may surprise Buyers who are purchasing a home in Florida if not
...
01/12/2011
In today’s real estate market, it’s not unusual for many of the homes a Buyer sees to be vacant or seemingly “abandoned” by the Seller. While a Buyer might like the idea of purchasing a home that’s not occupied, it might be worthwhile to verify the status of any required Home Owner Association
...
11/17/2010
In the past 30 days, owners of residential property in Seminole County , Florida began receiving their tax bill. Since many of the purchases this year were made by First Time Home Buyers, I thought it might be helpful to explain how property taxes in Seminole County are calculated. On the t
...
11/13/2010
Ok, so maybe I’m exaggerating. As a listing agent in Central Florida, the real estate market has forced those who are serious about their business to tackle the sale of short sales. With that task, we are faced with listing homes that have their mortgage held or serviced by Bank of America (
...
11/04/2010
Buyers purchasing a short sale that is owned or serviced by Bank of America (BOA) should be aware that they have recently started using “interval pricing” when it comes to determining value. Simply put, when a Seller of a property that is under contract for a short sale has their loan held by
...
11/02/2010
Many Buyers in today's real estate market are asking for the Seller to pay a portion (or all) of their allowable closing costs, pre-paid items (such as homeowner's insurance) and other loan related fees. If purchasing a property that is being sold as a short sale, the Buyer is ultimately asking t
...
06/06/2010
With the increase of the number of short sales on the market today in Central Florida, many buyers are finding these homes unoccupied with no utilities on. In most cases, the sellers have vacated the property and discontinued power and water/sewer services in an attempt to save money on a home th
...
03/08/2010
This past week, I've shown more than 50 Central Florida properties to a multitude of Buyers. While most of the Buyers I am working with are first-time purchasers, they are savvy, educated and well prepared. Thankfully, most of the properties I showed this past week were either vacant or owner-occ
...
02/01/2010
It's hard to believe that a few short years ago, I wrote a similar article...only at that time, the point of the piece was to inform sellers and my past clients that they should contact their homeowner's insurance company to make sure that their home had ENOUGH coverage. In the mid 2000's, proper
...
01/30/2010
