MichelePetry

Living Near the Beach: Affordable Coastal Towns in Florida

Looking for your dream home near the beach without breaking the bank? Florida’s coastline offers a perfect mix of sunny skies, ocean breezes, and affordable living. Whether you’re a first-time homebuyer a seasoned investor, or a real estate professional guiding clients, this blog series is designed to provide actionable insights, data-driven comparisons, and practical advice on […]

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Comparing Cost of Living: Florida vs. Other Southern States in 2024

Is the Sunshine State still the best bang for your buck compared to its southern neighbors? Let’s explore how Florida stacks up in terms of affordability, lifestyle, and opportunities for 2024.   Whether you’re a first-time homebuyer, a seasoned investor scouting your next purchase, or a real estate professional guiding clients, understanding the cost of living

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Tips for Grantees: What to Look for in a Property Deed

A property deed legally transfers ownership. When reviewing a deed, it’s crucial to understand what to check in a property deed, including verifying the names of the grantor and grantee, a precise property description, consideration (if any), proper signatures and notarization, delivery and acceptance, the type of ownership being transferred, and all included clauses. Ensuring proper

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Grantor vs. Grantee: Key Responsibilities in Real Estate Deals

In real estate, the grantor (seller) transfers ownership to the grantee (buyer). Grantor responsibilities include ensuring clear title, preparing the deed, disclosing property issues, and defending the title. Grantee responsibilities involve verifying ownership rights, reviewing and accepting the deed, conducting due diligence, and fulfilling obligations like paying taxes. Understanding Grantor and Grantee Responsibilities is crucial for a

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How to Verify Property Titles and Ownership: A Comprehensive Guide

Verifying property ownership is crucial in real estate transactions. This process involves gathering property information (address, parcel number, owner’s name), examining tax records and maps, conducting a deeds search to establish the chain of title, reviewing public records for liens and encumbrances, and performing judgment and bankruptcy searches. These steps help ensure clear title and

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Top 6 Strategies for Budgeting for Land Purchases Effectively  

Effectively budgeting for land purchases requires careful planning. Key strategies include identifying suitable loan options (traditional banks, credit unions, or owner financing), accounting for unexpected costs like title insurance and legal fees, and setting budget boundaries using rules like the 50/30/20 method. Utilizing interactive budgeting tools and consulting experts can further refine budgeting for land

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Unlock the Secrets of Land Investment in 2024: A Beginner’s Guide

Land offers unique investment advantages, making it a smart investment. Unlike depreciating assets, land retains value and offers flexibility for various uses, from holding to development. Why Land is a Smart Investment Emerging markets and infrastructure growth drive appreciation. Leasing options provide income potential. Due diligence, including assessing zoning and taxes, is crucial before purchasing

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The Role of Zoning Laws in Land Purchases: What Every Buyer Should Know

Have you ever dreamed of building your dream home, starting a small business, or investing in a lucrative property? Before you dive headfirst into your land purchase, there’s an invisible yet critical factor that governs what you can—and cannot—do with that property: zoning laws.  Zoning laws act as the rulebook for land use, dictating everything

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5 Common Mistakes to Avoid When Applying for a Land Loan

When applying for a land loan, several common mistakes can hinder the process. “Mistakes to Avoid When Applying for Land Loans” include neglecting due diligence on zoning and land use, underestimating the down payment (often 20-50%), ignoring soil and environmental tests, choosing a lender without land loan expertise, and overlooking additional costs like taxes and

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What to Consider When Moving to Florida: Safety, Crime Rates, and More

Florida attracts many due to its climate and economy, but safety is key. While Florida’s violent crime rate is below the national average, property crime, like package theft, is a concern. Certain areas, like Marco Island, are very safe, while others, such as parts of Miami, require more caution. Considering these Safety considerations when moving to

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