An Overview of the Withholding Requirements for “Foreign Persons” By Steven R. Greenberg Effective January 1, 1985, Congress enacted FIRPTA (Foreign Investment in Real Property Tax Act). The purpose of FIRPTA is to minimize the ability of foreigners (individuals and entities) from taking the proceeds from the sale of U.S. property without paying tax on the profits. Section [...]
Saturday, August 1, 2009
Finally Some Relief For Tenants On Their Foreclosed Rental Property By Steven R. Greenberg On May 20, 2009, President Obama signed into law the “Helping Families Save Their Homes Act of 2009″ (the “Act”), which includes the “Protecting Tenants at Foreclosure Act.” The Act provides new protections for “bonafide” tenants of residential property being foreclosed by a [...]
Saturday, August 1, 2009
What’s So Bad About Short Sale Flips? By Anne Weintraub REALTORS®, buyers and sellers are being approached by vendors on a daily basis to participate in short sale flips. Short sale flips occur when a third-party individual or business negotiates with the seller’s lender to take a short payoff. The lender relies on the vendor’s package from [...]
Saturday, August 1, 2009
Entity Ownership Of Real Estate By Jeff Riddell Last article we talked about how individuals can own real estate. Now let’s turn our attention to ownership in an entity. Let’s look at a few. We’ll start with corporations. You probably know that corporations—other than some federal corporations like banks—are formed under state law. Although corporations are great for [...]
Wednesday, July 1, 2009
Alternative Ways To Own Real Estate By Jeff Riddell If you’re ready to start your real estate investment career—or have already started and may be acquiring more properties—we need to talk about how to hold title. In other words, who should be the “grantee” in the deed you receive. The first choice, of course, is yourself, or [...]
Wednesday, July 1, 2009
Escrow Agreements At The Closing Table By Steven R. Greenberg Often overlooked at the real estate closing is the importance of a well-drafted escrow agreement for repairs. If the Seller has not completed the repairs pursuant to the Buyer’s notice of property defects or if an issue arises as part of the final walk-thru, the Buyer and [...]
Tuesday, May 26, 2009
A full-service practice dedicated to handling all aspects of real estate transactions and litigation, Berlin Law Firm, PA works with real estate agents, lending professionals, builders, developers, buyers and sellers to facilitate successful transactions. One of the region’s only firms focusing exclusively on real estate-related issues, the group distinguishes itself through its exceptional level of customer service.
Sunday, May 24, 2009
We are all aware that the underwriting guidelines for purchase-money financing have become very restrictive due to the economic downturn and the subprime lending debacle. As difficult as it is to obtain financing in the current economic environment, purchase-money financing for condominiums has become particularly troublesome. This article will address some of the issues facing buyers of condominium units needing purchase-money financing.
Sunday, May 24, 2009
Unless you live under a rock, you or someone you know has been affected by the process known as a short sale. Unfortunately, short sales have become a nightmarish process for the parties involved-the seller, buyer, attorneys, realtors, and short sale negotiation companies.
Saturday, May 23, 2009
You can start investing in real estate at any age. If you are young and want to start the conventional way by purchasing a single family house or small rental property, build a team first—relationships are everything in real estate. If you are older and just getting started, you can take the approach I suggest in this article to adding real estate to your investment portfolio.
Melanie Massell Jazz Duo Visits Hotel Indigo.
Saturday May 26, 2012 from 5pm-8pm come and enjoy jazz night at Hotel Indigo’s H2O Bistro. Melanie Massell is playing
4 Visiting Soldiers Gave A Piece Of Their Life So We Can Live Ours.
On Friday, May 25, 2012 at 11:08am 4 Wounded Warriors will arrive at SRQ Airport on US Airways Flight #3327. Each has lost a limb defending our way of life. Let's be there Friday to show them our love and support.
Meet The Suncoast Super Boat Grand Prix Racers.
This Thursday (May 24th/8:00am) the Sarasota Convention and Visitors Bureau Partnership Coffee will feature the 28th Annual Super Boat Grand Prix (June 24 – July 4).
Team ACS Fundraiser For The American Cancer Society Tonight.
This is it... Team ACS's Cocktail Party, tonight Tuesday, May 22nd, 6:00pm - 9:00pm at the Sporting News Grill at the Holiday Inn Airport.
South Florida Museum Presents Moon.
The South Florida Museum presents Moon as part of the Film Fridays Weird Science series, 6pm on May 25, 2012.
Sarasota Area Sports Alliance Honors 2012 Scholarship Recipients.
The Sarasota Area Sports Alliance (SASA) will present its annual 2012 college scholarship awards during a luncheon on Tuesday, May 22, featuring nationally recognized communication and character development expert Steve Shenbaum.
Jo Ann Koontz To Discuss Short Sales On Radio Show.
Attorney and Certified Public Accountant Jo Ann Koontz will be a featured guest on Talk Credit Radio, a weekly radio talk show hosted by consumer advocate Gerri Detweiler of Ultimate Credit Solutions Inc.
COBROOKE Publishes "Going in Circles while Moving Forward"
COBROOKE Ideas I Architecture I Design announced the publication of its new book "Going in Circles while Moving Forward", Ideation, Visioning and Creative Thinking.
Keller Williams Realty Ranked In America’s Top 10 Workplaces.
Keller Williams Realty announced that it was recognized as one of America’s Top 10 Workplaces, according to the first annual National Top Workplaces list compiled by Workplace Dynamics.
Taylor Morrison Signs 60 Contracts In April.
Taylor Morrison announced continued sales increases with 60 contracts signed in April. With 177 sales contracts through March, this brings the year to date total net sales to 222.
Keller Williams RED Day Benefits Manatee Glens.
Realtors from both the Bradenton and the Sarasota offices of Keller Williams On the Water volunteered at Manatee Glens planting flowers, raking, weeding, painting and more
Lakewood Ranch Golf And Country Club Summer Culinary Invitation.
The Lakewood Ranch Golf and Country Club Golf And Country Club again announces Summer Culinary Invitation, June 1 through September 30, 2012.
Jannus Live Presents ZOSO - The Ultimate Led Zepplin Tribute.
The doors open Friday, May 18, 2012, for a concert at St Pete’s Jannus Live with ZOSO The Ultimate Led Zepplin Tribute.
Barbara Mei Named Sales Person Of The Month.
Broker-Associate Barbara Mei was recognized as the top sales person for Premier Sotheby’s International Realty in March 2012.
School of Opportunity Announces Google Life Courses.
The School of Opportunity released their summer schedule and classes begin June 4, 2012 at the University of South Florida North Port campus.
Shelley Thayer Recipient Of 2012 Randy Partee Scholarship.
Cat Depot announced Shelley Thayer, executive director, was awarded the 2012 Randy Partee Scholarship by The Society of Animal Welfare Administrators (SAWA).
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Sunday, August 30, 2009
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