Q&A: No Condo Loan Due to a ‘Rec Lease’? Should I Worry?
A “rec lease” occurs when recreational facility ownership is separate and not under a condo association’s control. Over the years, many boards took over these facilities – but not all.
Florida Realtors Launches Affordable Housing Advocacy Effort
Realtor leaders also traveled to Tallahassee Wednesday to testify before state lawmakers on the critical need for maximum funding of Fla.’s housing trust funds, urging them to vote no on House Bill 5401 and its companion bill, Senate Proposed Bill 2512.
Buying/Selling at Same Time? Consider a Bridge Loan
A bridge loan gives homeowners the freedom to close on another home even if they don’t yet have down payment funds from the sale of their current home.
NAR: Feb. Pending Home Sales Drop 10.6%
There aren’t enough homes listed, marking the second monthly decline in a row. Only upper-end houses had more pending home-sale contracts, says NAR economist.
Florida Realtors Leadership Academy Selects 2021 Class
This year’s Leadership Academy participants will learn how to be future committee chairs, Realtor association officers and community leaders.
Beware Costly Tax Season Mistakes
Most common taxpayer mistakes? Missing a tax break, providing incorrect bank information or accruing penalties for failing to file on time.
Is the New Workweek 3 Days In, 2 Days Out?
The “What will happen after the pandemic?” question continues to be debated, but many companies seem to be focusing on a hybrid work-from-home system.
Real Estate Agents Rethink Decades of Advice on Pools
Pandemic-era demand has risen for pools and hot tubs. Zillow says “pool” was last year’s most common search term, and pool homes tend to get about 1% more than expected.
March Consumer Confidence Surges Almost 20 Points Higher
It’s the highest level since the pandemic began, with a notable uptick in interest for big-ticket items. Of note: The component measuring current conditions improved significantly, suggesting the economy will continue to expand at least until summer.