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!
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.
JOBS are the Key to a Healthy Economy
AND a healthy real estate market. Along with inventory & interest rates. The FED can’t build homes. They do set interest rates. They will raise interest rates in an attempt to reduce inflation, but they do not control excessive government spending (proximate cause.) We are now facing two pivot points – a large private sector full-time job loss (recession indicator) & explosive inflation that wages cannot keep pace with. The RATE of inflation has come down, but PRICES WILL NOT REVERT. Along with the increase in residential home prices, it now costs more to rebuild a property (which is why insurance costs are exploding.) Increases in values are causing increases in property taxes. Theoretically, if you have an increase in VALUES your property tax rate SHOULD GO DOWN TO PRODUCE THE SAME AMOUNT OF REVENUE. However, if you are not watching your local authorities, they will increase your TAX RATE as well as your ASSESSED VALUE.
You Need to Know This
If someone told you to buy real estate in recent years & that you could refinance when rates came down, they did you a disservice. There is no guarantee anyone can give you on interest rates. What IS known, is the past trajectory of residential real estate prices. Since the Great Recession bottom (2012) the long term trajectory has been UP.
LONG TERM, you are well served to get on the asset ownership ladder. For most people, their equity in their home becomes a valuable asset to help with their retirement. If you think you don’t have the ability to find an affordable property to call home, you may be cheating yourself.
Don’t believe me? Ask me for the charts from reputable sources, which prove the point. In addition, I can offer you up to date info on a daily or weekly basis to help you make your best decisions. I’m going to post it so you can see…
