Real estate blog entries tagged with fl by Paul Davis (Mid-State Appraisals)

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fl: Portability Of FL Save Our Homes Assessment And Eventual Cap Removal - 05/20/08 02:11 PM

The average citizen and resident of the State of Florida knows little if anything about legislation and initiatives currently being proposed to greatly alter their lives. When I found out about the Save Our Homes Amendment, my first reaction was that on its face it sounds good.That however is the danger … (0 comments)

fl: Florida Save Our Homes Amendment - Party Now And Pay Later - 05/20/08 02:08 PM

Florida lawmakers may have passed revolutionary property tax reform amendment (if the voters approve), or maybe they are setting the stage for the privatization of education and our public services.Many homestead property owners find they are unable to downsize or relocate to a new residence because purchasing a replacement property starts … (0 comments)

fl: Florida Residential Growth, Impact Fees, And Local Government Planning - 05/20/08 02:03 PM

Local governments are being hit with a heavy economic burden with the slowdown in residential real estate. Sizeable reductions in new home construction and demands from the state of Florida requiring local governments to cut back their budgets are taking their toll. Fewer permits being pulled for new home construction means … (0 comments)

fl: Central Florida Appraiser - Skillful And Experienced, The Key To Professionalism - 05/20/08 01:21 PM

Until recently many states did not require individuals to meet specific qualifications before being allowed to perform appraisals. The Appraisal Institute came about as a result of the need to have professional unbiased estimates prepared by knowledgeable and trustworthy practitioners. Today every state maintains an appraiser regulatory law.Nevertheless professionalism is not … (0 comments)

fl: Lower Property Taxes - Central Florida Property Appraisals - 05/20/08 12:38 PM

As a longtime property appraiser, former home builder for twenty years, and licensed real estate broker I learned something from someone who seemingly was a novice in the real estate market and industry.My son Paul Jr. lived in Oviedo, FL (Seminole County) at the time when he phoned my Lake County … (0 comments)

fl: Central Florida Appraisals Property Valuations - 05/20/08 12:33 PM

Property appraising historically has taken three approaches: 1. The Cost Approach2. The Sales Comparison Approach3. The Income Capitalization ApproachMotivations for acquiring an appraisal are to obtain financing when buying property, determine the appropriate price when selling, to gauge the amount of tax one should pay based on valuation, and as an … (0 comments)

fl: Central Florida Real Estate Appraiser - Creating & Assessing Value - 05/20/08 12:28 PM

As a longtime real estate property appraiser and builder in Central Florida, I learned long ago the essentials for creating and assessing value. Whether you are a buyer or seller, these values will strongly effect you at some point in time during the market transactions. That being said it is worth … (0 comments)

fl: Florida Voters Approve Save Our Homes & Vote Yes On Homestead Exemption - Now What For Property Tax? - 05/20/08 12:14 PM

What does the newly passed Save Our Homes Amendment 1 mean to Florida homeowners? The multi-million dollar battle over the Save Our Homes amendment was a victory for democracy and political activism. Popular Republican Governor Charlie Crist, along with legislative and business leaders, rallied against some of Florida's most powerful unions … (0 comments)

fl: Buying Florida Real Estate - Florida Foreclosure Bonanza Awakens Buyers Across The Country & Globe - 05/20/08 12:09 PM

Florida was second in the nation, with more than 279,000 foreclosures filed in 2007. That's up 275 percent from 2006.As we roll into the new year, many are having to pack up and quickly sell their homes. This translates into substantial savings for buyers looking to seize a good deal, escape … (0 comments)

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