The Tax Bill

Florida is a confusing state when it comes to tax bills.  Most people think they pay their taxes in advance, but just the opposite is true.  Today is May 26th, 2013, and even if I wanted to pay my taxes for 2013 today, I couldn’t do it.  That’s because the tax bill will not be out until November of this year.  To add even more confusion, Its really not due until March of 2014. Continue reading

Water, Water Everywhere

About two weeks ago, my wife awoke around 1:00 am to use the restroom.  What she found in her bathroom was an inch of water everywhere.  She, of course, woke me up to investigate.  We spent the next three hours cleaning up the water in the bathroom and office.  Thinking we did a good job of cleaning up, we went back to bed at 4:00 am. Continue reading

Third Times the Charm

Working with lenders can be very difficult.  We recently closed a short sale where the buyer was getting a loan through the Veterans Administration and working with a mortgage broker.  This was also a short sale, so not only were we working with the buyer’s mortgage broker and lender, we were also working with the seller’s lender. Continue reading

The Wire

Currently I am working on a difficult closing.  The closing date was set, but the buyer could not close.  This was due in large part due to the fact that the sale of his property did not happen.  And since the sale of this property did not happen, he was unable to close on the purchase.  Sometimes this happens with closing – its like watching dominoes tumble one after the other. Continue reading

I Don’t Need Title Insurance

A few days ago I received a phone call from a potential client who was buying a property for cash.  These are my favorite kinds of transactions because you don’t have the additional complications that a bank brings to a closing.  But the reason for his phone call was to express his frustrations with title insurance. Continue reading