"As Is" With Right to Inspect - Or Is It Really? Many REALTORS® are familiar with the phrase "as is," but may be confused with the contractual provisions in the FAR-9 Contract regarding "as is" sales.
Every year the Southeast Building Conference comes to Orlando and showcases some of the newest trends in the construction and design industries. Although this year's show was a little smaller than in years past, the collection of new and exciting materials made the trip worthwhile.
Over the last 2 years, loans insured by the Federal Housing Administration (FHA) have increased by over 265%! The year-to-date period ending June 30, 2008, when compared to the same period ending June 30, 2006, showed an average increase in FHA insured purchase money mortgages from 149 to 398 units in Sarasota and Manatee Counties. With the tightening, if not elimination, of the Alt-A market, the time has come to embrace these excellent loan programs.
Unpredictable. Slow. Bleak. Grim. Gloomy. All words that have been used to describe the economic outlook for the balance of 2008, and depending upon who you talk to, the scenario for 2009 as well. There’s no denying the economic slowdown has made a significant impact upon your business. The most important thing is to keep your wits about you. A bend in the road is not the end of the road… unless you fail to make the turn.
What’s a TIC? TIC stands for tenant-in-common. Tenant-in-common is a way for multiple owners to own real estate. Each tenant-in-common owns an undivided interest in the real estate that all the tenants-in-common own together. If two people own and no percentages are shown in the deed, they are presumed to be 50/50 owners. 50/50 or other percentages can be specifically stated in the deed by which the tenants-in-common take title. This form of ownership of real estate is nothing new, in fact it is ancient.
As most of us do automatically, we spend little time questioning our policy contents and more time worrying about our premiums. Hopefully I can assist you with some coverage tips that may alleviate some questions you might have and save you some money in the process.
I love it when, in the movie Fried Green Tomatoes, the character Evelyn Couch, played by a fiercely determined Kathy Bates, takes a large hammer in hand and wildly starts demolition on her own living room wall. It almost makes me want to take on such an adventure myself. Sure we know it’s hard work, but she makes it look so easy.
Your collection of wines can reflect your personality as much as your choice in furniture and artwork. A great wine cellar can provide limitless talking points and provides yourself and guests with an opportunity to use all their senses and create a more memorable experience. The addition of a wine cellar can be a deciding factor in many people looking to purchase a luxury home.
From the Publisher Ed Bertha
A dream becomes a vision. A vision becomes reality.
Was it a labor of love, or, a love of labor?
I believe both. Welcome the arrival of REAL Magazine, All Things Real Estate.
Lee Wetherington, Philantropist
Readers of the Sarasota Herald-Tribune voted Lee Wetherington Companies as first-place winner in their selection of “Best Home Builder.”
Sunday, November 9, 2008
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