States are cracking down on sellers’ obligation to disclose known material facts about properties for sale—especially conditions not readily apparent, such as a cracked foundation. A material fact is anything that could affect the sale price or influence a buyer’s decision to purchase a home.
The major cause of post-sale disputes and lawsuits involve defects and [...]
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Asbestos,
Carbon monoxide,
Formaldehyde,
Lead,
Radon,
Toxic Materials in the House
Florida Law entitles every person who has legal or equitable title to real estate and maintains it as his/her permanent residence, to apply for a $25,000 homestead property tax exemption. A partial exemption may apply if the ownership of the applicant is less than 100%.
You must meet the following requirements as of January 1st of [...]
Home buyers and sellers often bring misinformation to the table when it’s time to strike a real estate deal. While well-meaning friends and neighbors may have your best interests at heart when they pass along a “good tip,” you’d be wise to get the facts straight from your real estate agent. Here are a few [...]