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About Florida Hurricane Deductibles

The hurricane deductible is mandated by Florida statutes. Deductible is expressed as a percentage, typically 2-5%, of the coverage amount, not a percentage of the loss. For an example, a structure insured for $200,000 with a two percent deductible would have a deductible of $4,000 for damage caused by a hurricane. The hurricane deductible applies […]

Home For Sale Valrico Florida

New on market, This desirable 4 bedroom home in Diamond Hill a residential golf course community in Valrico is priced for a quick sale. Diamond Hill is a well established family neighborhood and is considered one of the Valri top communities. Neighborhood features includes highly rated schools, golf course, tennis courts, fitness center, a cabana […]

Home Insurance and Backyard Structures

If you have a freestanding garage, shed, pool or other structure on your home’s property, is it protected under your homeowner’s insurance policy? Detached Structures Coverage amount for detached structures varies from policy to policy; check your policy for the specific coverage related to your structures. Keep the rebuilding cost of these structures in mind […]

For Your Protection Get a Home Inspection

Home inspection gives home buyers more detailed information about the overall condition of the home prior to purchase. In a home inspection, a qualified inspector takes an in-depth, unbiased look at your potential new home to: Evaluate the physical condition: structure, construction, and mechanical systems; Identify items that need to be repaired or replaced; and […]

ORLANDO REAL ESTATE NEWS

Orlando’s homebuying season kicks off with a decline in inventory and an increase in median price The traditional start to Orlando’s homebuying season — April 1 — finds buyers continuing to grapple with a dwindling inventory that in March pushed home prices up 10 percent. “Like much of the country, Orlando home sales are being […]

Real Estate Home Buyers News

While the prevailing conclusion is that the economy has not fully recovered from the recession of almost ten years ago, there are certainly some aspects of the economy that have shown signs recovery. This unfinished recovery is also true in the real estate industry. Home prices are definitely showing signs of recovery, with the average […]

Orlando buyers demand for homes outstrips inventory

Orlando median price continues upward trek as buyer demand for homes outstrips inventory in February The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price. Orlando median home price has now experienced year-over-year increases for the past […]

Tax Times Favors Homeowners

Congress has consistently enacted tax legislation which favors homeowners. Indeed, much has been written that our tax laws discriminate against renters, by giving unfair and unequal tax benefits to those who own homes. For those of us who own homes, here is a list of the itemized tax deductions available to the average homeowner. Every […]

Housing Tax Benefits Extended

Homeowners are among those who will benefit from a $760 billion tax deal that was signed into law in December. The deal includes two very important tax breaks for those who own homes. The law contains a retroactive extension of The Mortgage Debt Forgiveness Act through 2016. This law expired at the end of 2014 […]

Low Mortgage Rates In 2016?

Received the following important information about interest rates in my newsletter this morning, had to share. The Fed Meeting Finally Arrives The Federal Reserve Board’s Federal Open Market Committee meets today and tomorrow. This is the most anticipated meeting of the Fed in almost a decade. It has been exactly seven years since the Fed moved […]