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Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Also, property taxes can spike as municipalities capitalize on the booming local economy. Legal Know-how for Rentals : Ensure you’re current with local regulations if you rent your property. Short-term rental laws can be strict, and staying compliant avoids hefty fines.

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How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Property taxes. Ernie Rafailides, a licensed Maryland lawyer and real estate broker with Bayview Management , has been in property management over 30 years. Don’t buy a property now to sell it within a year. Taxes and Real Estate Investment. For example, typical annual costs include things like: Insurance.

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What’s Included in Closing Costs?

PennyMac

State laws will usually dictate who is legally responsible for overseeing the closing. If you’re signing paper documents, they’ll need to be transported, and the courier fee will be what pays for that to be expedited. The owner’s title insurance is optional but highly recommended by most legal experts. Property Tax.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. The market value of these properties will be based on a "comparable sale-based valuation method."

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The Ultimate Guide to Retiring in Florida: Tips for a Smooth Transition

Lamacchia Realty

This is a welcomed law for many current and incoming residents, as home prices continue to rise in some regions. Consider housing prices, property taxes, healthcare costs, and everyday expenses like groceries and utilities. What Are Some Legal Considerations When Retiring To Florida?

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Can You Get a Mortgage for a Tiny Home?

Assurance Financial

From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time. Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points.