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News & Notes

Victoria Park canal

Florida Homestead Exemption Filing Deadline is March 1, 2016

Date 01-29-2016

Homestead Exemption Filing Deadline is March 1, 2016 All legal Florida residents are eligible for a Homestead Exemption on their homes, condominiums, co-op apartments, and certain mobile home lots if they qualify. The Florida Constitution provides this tax-saving exemption on the first and third $25,000 of the assessed value of an owner/occupied residence. While a […]

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FIRPTA Withholding Rate to Increase to 15%

Date 01-14-2016

Effective Feb. 16, FIRPTA general withholding rate increases from 10% to 15% Author: Jonathan H. (Jason) Warner Recent federal tax legislation increases the FIRPTA general withholding rate from 10% to 15% effective for closings on or after February 16, 2016. Closing agents should adjust their procedures and forms to reflect this change. (If you want […]

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Is Consummation the Same Thing as Closing?

Date 11-30-2015

On October 3rd 2015, the Consumer Finance Protection Bureau (CFPB) implemented new regulations with respect to consumer financing. These regulations affect anyone who purchases real estate and obtains a loan (whether through a bank, mortgage broker or private lender). This video explores a few of those changes and how some of the terms we have […]

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Victoria Park canal

6 Steps Every Homebuyer Should Expect for Closings

Date 11-19-2015

CLOSING TIME: 6 STEPS EVERY HOMEBUYER SHOULD EXPECT Get owner’s title insurance and buy your home with confidence Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it’s time for closing. Of course, there’s a lot to think about right now, and the […]

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Real Estate News Brief

Date 11-03-2015

Want to know the latest about the real estate market and how it may affect you? Click on November 2015 News Brief and download the latest news about the real estate market. Feel free to share!

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