By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: Yes. In many cases, foreclosure can still be stopped or redirected even after the lawsuit has been filed. Florida's judicial process often runs six months to over a year, which leaves time for options like ... Continue Reading » about Can I Stop Foreclosure Once It Starts? | Options for Palmetto, FL Homeowners
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Inherited a Home in a Sun City Center 55+ Community? What Heirs Should Know About Keeping, Renting, or Selling
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: Inheriting a home in a 55+ community and living in it are two separate questions. A will, trust, or probate court passes ownership, but the association's documents decide whether you can live there, have a family ... Continue Reading » about Inherited a Home in a Sun City Center 55+ Community? What Heirs Should Know About Keeping, Renting, or Selling
HOA Foreclosure in Florida: Can an HOA or Condo Association Foreclose on My Sun City Center or Manatee County Home?
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: Yes. A Florida homeowners association or condo association can record a lien for unpaid assessments and, if the balance stays unpaid, foreclose on that lien, even when your mortgage is current. Florida law ... Continue Reading » about HOA Foreclosure in Florida: Can an HOA or Condo Association Foreclose on My Sun City Center or Manatee County Home?
What’s the Difference Between a Villa, a Condo, and a Single-Family Home in Sun City Center?
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: In Sun City Center, the words villa, condo, and single-family home tell you how a property is owned and what you are responsible for. A single-family home is usually a detached house on its own lot. A villa is ... Continue Reading » about What’s the Difference Between a Villa, a Condo, and a Single-Family Home in Sun City Center?
Will You Owe Taxes When You Sell an Inherited House in Florida?
By Linda Reynolds, Broker, Reynolds Realty Gulf Coast (License #BK3021695)Quick answer: Often you owe little or no tax when you sell an inherited house in Florida, because the home's tax basis generally steps up to its fair market value on the date the previous owner died. Gain is measured from that ... Continue Reading » about Will You Owe Taxes When You Sell an Inherited House in Florida?
Neighborhood Spotlight: Lionshead in Bradenton, FL – The Neighborhood Buyers Scroll Right Past
Most people driving SR 70 have no idea it's back there. Lionshead is just 102 homes tucked into East Bradenton (34203), with no CDD and a low HOA. What makes it unique Homes were built from the late '80s to early 2000s, so you get what new construction can't sell you: mature trees, ... Continue Reading » about Neighborhood Spotlight: Lionshead in Bradenton, FL – The Neighborhood Buyers Scroll Right Past