News about properties and real estate
Property tax appeals: South Florida property tax appeals on a blistering pace The annual tax notices going out this month will bring a double whammy of bad news for many Florida property owners — lower values and higher taxes. But a small minority will get a break by challenging the county’s value of their homes, …
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Condo Buying Checklist A condominium is not homeownership in the truest sense. When you buy a condo, you own only what is inside the walls of your unit. Outside of those walls, the residents of the complex share ownership in a cooperative bound by a contract. That cooperative can be an advantage of buying into …
The new vulture investors These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities. “It’s awesome right now. I don’t think we’ll ever see another time like this,” said Tanya Marchiol of Team Investments, which has operations in about 10 …
Vacation condo deals not risk-free I want to buy a vacation condo and rent it out as an investment. What are the pros and cons? I want to start small and buy with cash. Is this the time to do it? Rock-bottom pricing in many resort areas suggests this is a pretty good time to …
Second homes: All the joys of Florida in one spot Florida is a huge second-home destination. It seems to have something for everyone: secluded beaches and urban buzz, golf communities and marinas, high-rises and bungalows at prices from ultra-luxury to shockingly affordable. It’s also diverse. The mansions of Palm Beach are far removed from the …
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With prices down Marion County investors buy properties cheap and then resell them quickly for a tidy profit [North Florida] The problems with the local real estate market are well documented: Property values are plummeting, foreclosures are skyrocketing and many homeowners are upside down on their mortgages, meaning they owe more than the property is …