Blog Archives

Rental Agreements: Lease’s to protect the Landlord (Part 1 of 3)

Whether or not to rent your home is an important decision that should be made only after careful thought, deliberation, and planning. This decision could lead to be a very profitable one, or one that could potentially cost you tens of thousands of dollars. A thorough rental agreement can make all the difference in the world.  This week I will begin discussing rental/lease agreements, and certain clauses that every homeowner should include in such an agreement. While reading this and upcoming blogs, keep in mind that what I am discussing is for the benefit and protection of the landlord, not necessarily the tenant. Read the rest of this entry

FLORIDA DEED’S PART I – All deeds are not created equal.

Buying a home is a stressful situation in its own right. In between trying to find the right home, in the right neighborhood, for the right price, the type of deed used to transfer ownership of the property often becomes an afterthought. Whether you obtain title by a General Warranty Deed, Special Warranty Deed, or Quitclaim Deed should be an important consideration when purchasing a home. The type of deed used in a real estate transfer is important because it dictates what guarantees, if any, the buyer is receiving from the seller. Read the rest of this entry

Selling Your Homestead & Protecting The Proceeds

Homestead in Florida gives some great benefits to Florida resident homeowners. So, congratulations are in order, your family and home are now protected. You’ve paid the mortgage, your taxes, your contractor, the plumber, and the pool boy. But with the prices of real estate as low as it is, you decide to upgrade to a nicer home in a better neighborhood. What do you do to protect your investment in the homestead? Read the rest of this entry

TITLE INSURANCE CLOSING SERVICES

This will inform you of the basics of what are the services rendered to you by a title insurance company.  Please remember though, this pertains mostly for residential properties being mortgaged, not for commercial or all cash deals (F.S. 627.7711). Read the rest of this entry

Homestead Benefits and Protections

What protections do I receive from having a homestead in Florida?

For starters, creditors cannot put a lien on your homestead property or take your homestead property to recoup a debt. As with anything else in the law, there are exceptions to this rule e.g., lender forecloses on your mortgage (O.J. Simpson learned this one the hard way), county sells your home at a tax deed sale, contractor puts a lien against your home for work or materials expended there, and in some situations not paying your federal income tax. Read the rest of this entry