Jenn Vest made what she thought was a fair offer on a house in Broward County, but the seller rejected it and wasn’t much in the mood to haggle. The same thing happened on another property. Vest later found a two-bedroom house in an eclectic neighborhood near downtown Fort Lauderdale. Originally listed at about $550,000, […]
Do I qualify for $250,000 home-sale tax break?
Suppose you could receive up to $250,000 tax-free cash. Better yet, suppose you could receive up to $500,000 tax-free. Still better, suppose you could receive this tax-free money over and over again, but not more frequently than once every 24 months. Stop dreaming. It’s possible. Thanks to Internal Revenue Code 121, millions of U.S. home […]
Condo Conversion Aims at Affordability
Willow Lake Apartments are going condo – with an affordable twist. Newly formed Esperanza LLC will sell its newly acquired 218 units at 2500 10th Ave. N. for rock-bottom prices starting at $109,900. Local prices for condo conversions have frequently started at above $200,000. Lennard Kligler, one of two businessmen behind the $13.5 million purchase, […]
County to Spend Millions to Cut South Palm Beach Water Plant Smell
For the past year, consultants have tried to figure out why the neighborhoods around Palm Beach County\’s Southern Region Water Reclamation Plant smelled so foul. On Wednesday, officials came up with some answers and promised to spend up to $11 million fixing it. About 50 residents turned out at the Avalon Estates clubhouse to hear […]
Technology Gains Ground in Home Transactions
Survey: Most home sellers choose full-service brokerage Technology is dominating many aspects of the real estate transaction process, but the most important factors are purely human, according to an industry survey of home buyers and sellers. Most sellers prefer full-service brokerage, where brokers handle all aspects of the transaction process from listing to closing, according […]
Your Fall Home Maintenance Checklist
Checklist for Showbirds before you head to the warm weather of South Florida. Fall is already in the air, which means that another chilly winter can’t be too far behind. So before the cold weather arrives and you snuggle up indoors again, here’s your annual checklist of things to do to get your home ready […]
Citizens delays vote on 55 percent insurance rate increase
The state’s insurer of last resort decided Thursday to delay a vote on whether to increase its homeowners rates by an average of 55 percent, following requests from lawmakers to defer its action until after a special legislative session next month. The decision by Citizens Property Insurance Corp.’s board of governors means a reprieve at […]
Change Rules for Citizens During Insurance Session
On Wednesday, Floridians learned that in January the Legislature will hold a special session on insurance. Last week, Floridians heard what one of the items on that session’s agenda should be. Bruce Douglas, the unpaid board chairman of Citizens Property Insurance Corp., said in an interview with The St. Petersburg Times that rates for the […]
Mold: Once it gets in your home, Is it hard to remove?
INSPECT FOR MOLD Water stains on ceiling, walls, floors and window sills Water leaks and seepage from exterior and from interior Standing water near or under sinks and in air conditioning and refrigerator drip pans Condensation on windows, walls and pipes MOLD PRECAUTIONS Ask the builder about design safeguards against mold Consult design and construction […]
Home Security Protection with Plugin Convenience
LaserShield Security Systems have delivered the world’s first retail Plugin Security System with professional grade monitoring. It is a perfect solution for home rentals, apartments, townhomes, condos, and a simple security solution for college dormitories, retail stores, and commercial offices. LaserShield requires no salesmen, installers, no assembly, no wires, and no holes drilled in your […]
