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Friday, October 5, 2018

Tiny Home Movement
In my last newsletter I discussed moving & decluttering, this quarter’s newsletter continues the topic of downsizing, as it relates to real estate housing. As people desire to simplify their lives, to live affordably and save for retirement or travel or education some are choosing to reside in smaller homes. This trend benefits ...

Wednesday, May 9, 2018

Recently, I sold the home that I have lived in with my daughters since 2001. Prior to that move, I resided in another home for 9 years. When I find a place that I like, I tend to stay there awhile which leads to a tendency to collect stuff! So when faced with the challenge of packing up the last 17 years of our lives, it was a daunting ta...

Thursday, November 30, 2017

In the last newsletter, I discussed the Inspection Period from a Buyer’s perspective. This time, I would like to cover the Seller’s responsibilities during the Inspection Period. The Seller must cooperate and make the property available for a Buyer’s inspection. The Seller must disclose any known issues and/or material f...

Wednesday, July 26, 2017

The majority of homes sell “As Is” in South Florida which entitles the Buyer to an Inspection Period which I like to refer to as the “Due Diligence” period. This time period can be whatever is agreed to between the Buyer and Seller but is typically 7 – 15 days. I encourage all Buyers to learn from my first home-buying experience...

Sunday, June 4, 2017

Don’t Order Another Set of Checks until you read this!
Have you ever had to put a Stop Payment on a check? Did you know that the Stop Payment is only good for a limited amount of time? Verify this with your bank but most banks have a policy on Stop Payments; the standard in the banking industry is 180 days. Then what happens, you ask? You have to keep renewing the Stop Payment on the check ev...

Tuesday, January 10, 2017

Travel Much?
Last summer, I used an international no-frills airline for the first time ever. A Spanish airline named Vueling got me to Catania and I had no complaints. The one-way flight was so fast, inexpensive and easy-breezy that I decided to do the reverse when I traveled back from Palermo. The return trip was a complete 180 due to bad weather acr...

Wednesday, January 4, 2017

If you are selling property anywhere, be aware that the last “safe” way to transfer money is now at risk. For several years, scammers have counterfeited money, checks and cashier’s checks. Closing agents have been requiring wire transfers to ensure that the money being used in a sales transaction is legitimate. Now, even...

Monday, July 13, 2015

New Federal laws will change many Property Sale Transactions
As a result of the financial crisis that began in 2007, major changes are coming to real estate transactions starting October 1, 2015. Any transaction involving a mortgage will use new documents created by the Consumer Financial Protection Bureau (“CFPB”) a federal watchdog group that was formed as a result of the Dodd-Frank W...

Thursday, July 9, 2015

Communities Limiting the Amount of Units that can Be Rented Out
Over the last year, a trend has become more prevalent with numerous communities trying to limit the amount of units that can be rented out. Changes to community Covenants and Declarations must be voted into existence by all property owners and owner-occupant owners typically outnumber investment owners, however, the proposed rules can be ...

Sunday, April 19, 2015

2015 Florida Statute Change – Smoke Detectors
There was another Florida Statute change this year regarding smoke detectors. The statute states that if any major repair or painting is performed, the smoke detectors must be replaced with a new device that has a 10-year battery life. Most likely, this law was implemented because some people are do not change the 9-volt battery in the sm...

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Salefish Properties

1375 Gateway Blvd.
Boynton Beach, FL 33426

Phone: (561) 738-0922