by kramoltz@hotmail.com | Apr 4, 2022 | Home Ownership
Homeowners in governmentally specified flood zones are at a greater risk of damage from flooding. Flooding damage is not covered by homeowners’ insurance policies. And if using a loan to buy, expensive mandatory flood insurance may be required by the lender....
by kramoltz@hotmail.com | May 15, 2017 | Arizona and Its Amenities, Home Buying
RealtyTrac’s 2016 U.S. Natural Disaster Housing Risk Report rates counties for risks of natural hazards, such as hurricanes, wildfires, tornados, earthquakes, or floods. The 3 states whose counties had the highest risk index (high and very high) were California...
by kramoltz@hotmail.com | Apr 7, 2017 | Real Estate Facts & Figures
Luxury Condos tend to take a longer time to sell, but the amount of South Florida inventory is out of control. According to Barrons.com, there are currently more condominiums being listed above $1 million than ever before, with over 55 months of supply. And it looks...
by kramoltz@hotmail.com | Feb 27, 2017 | Arizona and Its Amenities, Home Ownership
Like higher costs, fees and taxes? If not, come to Arizona. Arizona doesn’t impose costs on snowbirds upon sale of a home the way Florida does. Full time Florida resident property tax bills can’t rise more than 3% annually, while snowbird taxes can go up to 10%. Plus...
by kramoltz@hotmail.com | Dec 27, 2016 | Foreclosures + Short Sales
Foreclosures have fallen across the country, with REO inventory down nearly 30% by the end of the summer of 2016 according to CoreLogic. And completed foreclosures in the U.S. are now down 69% from the September 2010 peak. Here in Arizona our trustee’s sales have also...