Thursday, January 9, 2025

Florida Residential Closing Costs (2025 Guide)

Courtesy of Sakrin & Tolchinsky P.A. 

Seller Cost
Documentary Stamps on Deed 70¢ /$100 of the sale price in Florida as a general rule

Buyer Costs
Document Stamps on the Mortgage 35¢ per $100 as a general rule 
Intangible Tax on the Mortgage .002 x amount of home loan

Tuesday, November 26, 2024

Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025

Real estate has long been considered a reliable hedge against inflation, thanks to its intrinsic value and income-generating potential.

When inflation rises, property values often increase as well, reflecting the higher costs of materials, labor and land. At the same time, rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation. This combination makes real estate an attractive option for preserving and growing wealth during periods of escalating price levels.

Sunday, August 13, 2023