Ask a REALTOR: Do I Have to Make Repairs Listed on the Appraisal?
Q: I’m selling a home and the appraiser has said that significant repairs are needed. Am I required to make these repairs? A: Depending on how your purchase contract reads, you are typically NOT required to make repairs. In other cases you may be required to make repairs up to a certain dollar amoun
Read MoreFlorida Considers Eliminating Property Taxes
In a bold and unprecedented move, Florida lawmakers are considering eliminating property taxes statewide in response to the mounting costs of homeownership. With home prices and insurance premiums continuing to rise, the proposal aims to ease the financial burden on homeowners—especially retirees an
Read MoreShould You Pay Off Your Mortgage Before Retirement?
Should You Pay Off Your Mortgage Before Retirement? Deciding whether to pay off your mortgage before retirement is a common dilemma. While eliminating mortgage debt can reduce financial stress, it may not always be the best move for long-term financial security. When Paying Off Your Mortgage Makes
Read MoreSeller Failed to Disclose Important Information
Q: I’m buying a home and my insurance agent found a prior claim for water damage that the seller didn’t disclose. What should I do? A: Sellers and their agents are required by law to disclose any facts about the house that materially affect it’s value. If you work within the timelines of your contr
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