NEW Law in Florida Requires Flooding Disclosure

As of October 1, 2024, sellers in Florida are required to disclose previous flooding on a property they sell. This includes any insurance, flood insurance, or FEMA claim. After what we’ve just been through with back to back hurricanes Helene and Milton, this is vitally important if you need to sell your property, even as is. Disclose.

Get Qualified as a “CASH OFFER” Buyer!

house of dollars

Did you know I can help you get qualified to submit offers on properties as a “CASH” buyer? I just need a little info from you to start the process.

This is a great service for anyone competing against other buyers who need a contingency for financing.

Contact me for the link!

Want to Know Whether or Not You Should Sell Your Property Right Now?

I can help you answer that question by offering you THREE cash offers for your property BEFORE you decide whether to list it!

There is NO OBLIGATION to take a look. Is a fast sale something that you might want to consider?

Contact me asap. I’ll just need a little info about your property to enter it into our CASH OFFERS website. You can stay private. Or I can send you my link to the CASH OFFERS. Your choice.

Interest Rates, Inventory & Random Thoughts

2022

The Federal Reserve is behind the curve and off the rails. I don’t believe they can control inflation at this point. It’s not in their charter. They have no control over fiscal policy and federal spending.

That said, if interest rates are rising and you think you should wait to buy property, you may be a victim of faulty reasoning. Inflation is running hotter than 5%. Your arbitrage opportunity is that difference between current interest rates and future inflation. You are at a sweet spot right now, where you can get in and reap the benefits as inflation trends higher, which it will. Your ability to get a fixed rate loan will lock in advantages for you. I can strategize with you on methods for reducing your transaction costs.

If you’re selling, always look at your net proceeds from selling when comparing brokerages, offers, etc. Don’t leave your money on the table.

Owning property now is more about the type of lifestyle you want to live and where. Being aware of the net present value (NPV) of a financial move is imperative to keeping your wealth growing and intact.

More wealth will be created in the next couple of years before we get to a more dangerous phase in the real estate market. There may be more multi-family and single family built to rent neighborhoods in progress right now, but your best move in most cities and towns is to own or move up. If you’re not an owner you will need to make more risky and speculative moves placing your funds in a stock market that will be more volatile going forward.

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