News about properties and real estate
Two major ways to prevent real estate probate Beware of condition that gives up control of home DEAR BOB: I am recently widowed. The house is now in my name. How do I prevent probate, how expensive is it, and how long before my heirs can sell the house? Should I add my heirs’ names …
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South Gate — granddaddy of Sarasota subdivisions [South Florida] Development helped transform sleepy town… Looking over vast orange groves, two young men debated what the 1,240-acre expanse could look like if their fantasy became a reality. Despite the odds, Smith and King helped spark Sarasota County’s post-World War II housing boom more than 50 years …
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Where ‘Buy Low and Sell High’ Are a Co-op’s Fighting Words [New York City] Morningside Gardens is a rarity in real-estate-mad Manhattan, a co-op apartment complex that middle-class New Yorkers can afford. Apartments sell for a fraction of what they would bring on the open market. For the chance to live free of a crushing …
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Housing boom cools No ‘gloom or doom’ expected in area [Pensacola Florida] The national housing boom may be grinding to a halt, but a collapse in sales and prices is not a serious threat to Pensacola Bay Area market, according to some local Realtors. In the last week, the Commerce Department reported that January sales …
Get the best deal on fixed-rate loan As the real estate market slumps, sales pressure mounts for adjustable-rate mortgage borrowers to refinance into fixed-rate loans. Plus, ads for 1% and 1 3/8% teaser rates — despite published reports of declining real estate prices — are still around. “The bait and switch is stronger than ever,” …
Introduction to 1031s Dick Goble is a senior partner and real estate tax specialist with the accounting firm Kerkering, Barberio & Co. P.A. Goble, who has been with the firm since 1978, specializes in 1031 exchanges, a subject on which he lectures nationwide. In addition, Goble also advises clients on as many as 200 1031 …