 Naples is known to attract home buyers looking for a golf lifestyle because we have over 90 championship courses in town. If you are going to consider golf communities, it is important to understand some up front overview information. This 15-minute video provider some good insights to get you started.
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 A home appraisal is a third-party opinion of the market value at a specific point in time, meaning what is the most probable price a willing buyer would pay for a specific property.
The appraised value of a home is based on an analysis of the property’s condition and the most recent sales for similar homes. Home appraisals are required if you are getting a mortgage and are to help the lender and the buyer ensure that they are investing their money in an asset that will be "worth" the price they are paying.  FIRPTA? I know, that sounds like you should say excuse me after you say this out loud. Perhaps you have never heard of FIRTPA or perhaps you have but haven't a clue what it is or how it could possible relate to real estate. FIRPTA stands for The Foreign Investor Real Property Tax Act (FIRPTA) and requires non-residents to pay a 15% withholding tax on the sale of any U.S. Real Property Interest. Even if you are not a Foreign Investor you should be aware of what this is because it could impact you if you the person on the other side of a sale or purchase is.
 Even the most experienced buyers and sellers should be cognizant of contracts when purchasing in new geographic areas since the real estate contracts vary by state and sometimes county. Whether you are a buyer or seller, it is important to know the difference between the two sales contacts if you are planning to purchase or sell property in Naples or surrounding areas that are part of Collier County. This vlog explains some important differences related to inspections.
 I never encourage anyone to waive their rights to a home inspection. Only on very rare occasions may it make sense to waive this because this is your one opportunity to do due diligence on a property before being contractually committed to purchasing it. Buyers have two decisions to make on the home inspection... which inspections to get and who to hire as the inspector. I have composed this article from a bunch of other articles published to help guide you through those decisions.
 In some parts of the US, home warranties are very common as a part of a home purchase. In fact, in some of those areas they are offered by sellers as a common part of the sale of a home. In SWFL, they are not as common and are almost never offered by the seller. However, there may be times when it is worth the buyer purchasing a home warranty as part of the transaction.
 COVID-19 has caused people to have to adapt to circumstances caused by this pandemic. For some, additional financial pressures may have arose causing them to think about their obligations and how to best manage them. This is a resource to explain some mortgage relief options.
 Composing an offer for a home you are interested in purchasing has many components to be considered. Understanding the purpose of an earnest deposit helps you weight out how you want to utilize the earnest deposit as one spoke in the offer wheel.
 Maintaining a good credit score can feel like a game at times.
The algorithms credit reporting agencies like Equifax use for assessing creditworthiness are confidential — making the consequences of missing a bill or taking on more debt hard to predict. Still, experts say, certain missed payments can do serious damage to your credit score, especially if you’ve got a healthy one.  Selling a home and buying a lower priced home that meets your current needs can be to your advantage in an "Up" market like the current one with low inventory. The advantage is that you can maximize the price for the home you're selling and not have to reinvest it all in your replacement.
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The source of this real property information is the copyrighted and proprietary database compilation of the © 2021 M.L.S. of Naples, Inc. and © 2021 Renee Hahn, Realtor, William Raveis Real Estate. Accuracy of this information is not warranted or guaranteed. Information should be independently verified if any person intends to engage in a transaction in reliance upon it. Privacy Policy Our Web site Accessibility: We are committed to providing an accessible web site. If you have difficulty accessing content, have difficulty viewing a file on the web site, or notice any accessibility problems, please contact us to specify the nature of the accessibility issue and any assistive technology you use. We will strive to provide the content you need in the format you require.
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