Metas
Florida Real Estate News - 05/08/07
FLORIDA PROPERTY TAXES
Gov. Crist wants property tax reform during June’s special session – he doesn’t want to defer a decision to the every-other-decade Taxation and Budget Reform Commission, which has the power to propose a comprehensive tax overhaul and put it before voters without legislative approval.
Can we in the Naples Fl real estate market expect property tax reform shortly?
MORTGAGES
Bank of America has introduced a no-fee mortgage nationwide following a product test in Washington State. It’s the first lender to do so; and the change could save Naples Florida home buyers or borrowers $3,000-plus at closing. Gone are borrower, lender and third-party fees. It won’t work for subprime loans, however, or ones where the buyer makes a downpayment less than 5 percent.
NAPLES, BONITA SPRINGS, AND ESTERO HOME SELLERS
Home sellers should find and fix plumbing problems before they put their home on the market in Naples, Bonita Springs or Estero – if they know how to inspect pipes and faucets. It’s worth fixing upfront. A buyer’s inspector will eventually find the troubles, which could require repair or delay closing.
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