Seller Tips | Florida Team Realty

FHA Loan Limits Reinstated

On December 9, 2011, in Buyer Tips, Seller Tips, by Marc Vitorillo

Congress has reinstated the loan limit formula and maximum cap for Federal Housing Administration-insured loans through 2013. Those loan limits previously expired September 30. The new provision allows loan limits to go back to 125 percent of local area median home prices up to a maximum of $729,750 in the highest cost markets through 2013. [...]

Why Home Ownership Matters

On September 22, 2011, in Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

A number of research studies have shown that home ownership provides social and societal benefits. Not only is home ownership one of the best ways to build long-term wealth, providing resources for a more comfortable retirement, but it also fosters an immeasurable sense of community and stability vital to growing families. NAR’s “Social Benefits of [...]

Tax Time and Tax Benefits

On April 3, 2011, in Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

Tax season is underway and deadline is just around the corner. American home owners are once again enjoying the benefit of the mortgage interest deduction. The ability to deduct the interest paid on a mortgage can mean significant savings for these home owners. For example, a family who bought a home last year with a$200,000, [...]

Florida’s Existing Home, Condo Sales Up in January 2011

On March 6, 2011, in Buyer Tips, Florida Real Estate, Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

Florida’s existing home and existing condo sales rose in January, according to the latest housing data released by Florida Realtors®. Existing home sales increased 14 percent last month with a total of 12,151 homes sold statewide compared to 10,702 homes sold in January 2010, according to Florida Realtors. January’s statewide sales of existing condos rose [...]

Florida Real Estate, Existing Home and Condo Sales Up in December 2010

On January 31, 2011, in Buyer Tips, Florida Real Estate, Seller Tips, by Marc Vitorillo

The statistics are now available for Florida Real Estate in December 2010. Sales of existing homes and condominiums in Florida rose in December, a positive trend also reported at the close of 2010 as statewide sales activity posted gains over the previous year, according to the latest housing data released by Florida Realtors®. A total [...]

Attainable Financial Goals in the First Sixty Days of the New Year

On January 1, 2011, in Buyer Tips, Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

New Year’s Day is the traditional time for setting resolutions. But make them too lofty or unreasonable and by Valentine’s Day, you will wonder what went wrong. Here are some simple and attainable ways for you to get financial goals in line in the first sixty days of the New Year: On January 1, when [...]

10 Tips for Hiring a Heating and Cooling Contractor

On December 10, 2010, in Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

There’s already so much to worry about this time of year. From family get-togethers to gift giving and more, the last thing you need is for something to go wrong with your heating system and not know where to go first. If you find yourself in this unfortunate situation, be prepared and use these tips [...]

For Florida Investors: Re-evaluate Your Insurance Policies

On October 11, 2010, in Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

With winter weather creeping in, landlords should be aware of exactly what their landlord insurance policy covers. Many building owners could be surprised at what costly items are not covered in a standard policy, especially with high fire hazard months ahead. Residential fires are more prevalent in winter months than in spring or summer months, [...]

How to Prepare Your Home for Fire Safety

On October 8, 2010, in Buyer Tips, Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

Many people think a fire won’t happen to them. But what happens if it does? And what if there are children in the home? Will they know how to react to the sound of a smoke alarm? October 3-9 is National Fire Prevention Week and what better time for parents to prepare their home and [...]

Tips for Owners Forced to Become Landlords

On October 2, 2010, in Florida Real Estate Blog, Seller Tips, by Marc Vitorillo

A growing number of homeowners are finding out what it means to be a landlord after failing to sell their homes in one of the worst housing slumps in history. With home prices down nationwide, many don’t want to take a huge loss when they decide to move. They want to wait to see whether [...]