News about properties and real estate
Homeowners should be careful about how they hold title to properties The manner in which homeowners hold title to their properties has significant legal ramifications. Consequently, it’s not wise to leave this important decision to chance. Escrow agents will ask how you would prefer the title to read. But often the question isn’t posed until …
Continue reading “Homeowners should be careful about how they hold title to properties”
FHA brings relief for some condos [Central Florida] The resort-style pool, spa and health club along with luxurious 10-foot floor-to-ceiling windows are no longer the key selling points for 101 Eola in Thornton Park. Today the best thing going for the 146-unit condominium tower is that it’s the only newly constructed building in downtown Orlando …
Continue reading “FHA brings relief for some condos [Central Florida]”
The benefits of a mortgage-free retirement Retirement is often likened to “financial independence.” However, as pointed out in a USA Today story last week, many retirees are finding themselves very dependent, very despondent, and, well, screwed. These are retirees with mortgages they can no longer afford. Pretty sad stuff. Of course, this wouldn’t be a …
Continue reading “The benefits of a mortgage-free retirement”
Keep up with your homeowner’s insurance [North Florida] The Big One won’t hit this year. Will it? Northeast Florida has been spared from a direct hurricane hit since Hurricane Dora in 1964, but there’s always a possibility the region’s luck will run out in a new hurricane season. Given the threat, an annual checkup of …
Continue reading “Keep up with your homeowner’s insurance [North Florida]”
Twice-flooded Orlando-area homeowner gives up, sells house through FEMA program [Central Florida] I just watched my house get destroyed for the third time in five years. This time for good, devoured one crunching bite at a time by a big yellow track hoe until nothing was left but crumbs of stucco and concrete. I guess …
Renters conned out of a home That’s the warning being given by the Solano County District Attorney’s Office and real estate agents to potential renters who could be caught up in a costly con game. District Attorney David Paulson says that multiple cases of rental fraud have been reported recently from Vallejo to Vacaville, leaving …