My aunt died and left me her property. What am I supposed to do first?
Start by finding out exactly how the property is titled. Gather: The deed Will or trust Death certificate Mortgage information Property tax records Insurance HOA or condo information You may need probate before the property can legally be transferred. Don't rush to sell or transfer the property until…
Read Karen’s answer →Florida is changing the homestead rules. Should I buy now or wait?
Probably not just because of possible homestead changes. If you find the right property at the right price, things like purchase price, mortgage rates, insurance, taxes, flood risk, and condition will usually matter much more. However, Florida homestead rules can affect your future property taxes, so it is…
Read Karen’s answer →I’m buying a condo. What is a milestone inspection, and should I be worried?
A milestone inspection is a structural inspection required for many older Florida condo buildings. A licensed engineer or architect checks the building for serious structural problems. If you are buying a condo, ask for the inspection report and find out whether repairs or special assessments are coming.
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