On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | May 5, 2020 | Real Estate Transactions
The National Association of Realtors recently surveyed real estate agents from throughout the country to get a better idea of what the real estate market is looking like in the midst of the coronavirus pandemic. Through use of a survey, these agents report a 48%...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Apr 8, 2020 | Real Estate Transactions
A 1031 like-kind exchange can mean big tax savings for those who know how it works. The name refers to the section of the Internal Revenue Code that guides the process. The Internal Revenue Service (IRS) uses Section 1031 to recognize a gain or loss in a real estate...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Mar 18, 2020 | Real Estate Disputes, Real Estate Transactions
Those who own beach property know it comes with some benefits and risks. When looking at property in Florida on the emerald coastline of the panhandle, these benefits can include sugar white sand and beautiful green waters. The risks can include the occasional...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Mar 10, 2020 | Real Estate Transactions, Residential Real Estate
Buying a property is an exciting and stressful event. The cost is huge — often the largest financial transaction one will make in their life. So, what happens if you thought you found the perfect place and moved forward with an offer only to realize the property just...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Mar 4, 2020 | Real Estate Transactions
Forbes listed numerous Florida cities as a “real estate investors best bet” for 2019. The publication is one of many reasons the state experienced a real estate boom last year. Will the state’s real estate market continue to thrive in 2020? Thus far, the answer is a...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Feb 21, 2020 | Real Estate Transactions, Residential Real Estate
It is important to conduct a title search prior to finalizing a real estate transaction. A title search will help determine if there are any encumbrances on the property by looking through public records to see if there any other claims to the property. What kinds of...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Feb 20, 2020 | Real Estate Transactions
The real estate market is changing. Although the basics remain the same, two parties still generally come together to buy and sell property, the tools we use to negotiate these transactions are changing at a rapid rate. Gone are the days when the details of the...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Jan 31, 2020 | Real Estate Transactions, Residential Real Estate
Whether thinking of taking up life as a snow bird or moving for more long-term reasons, purchasing a home in Florida can come with a number of advantages. Aside from the sunshine, two tax advantages can include: Estate tax. Those looking to put together an estate plan...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Oct 9, 2019 | Real Estate Transactions
Condominium associations are commonplace in Florida. These associations can offer residents the comfort of community amenities and take care of many landscaping needs … for a price. Condominium association fees range depending on the community. Lawmakers have...
On behalf of Law Office of Kimberly A. Abrams & Associates, P.A. | Aug 8, 2019 | Real Estate Transactions
A property survey confirms land boundaries. Potential buyers can use these surveys to define new parcels of land or identify a parcel of land that already exists but with unclear boundaries. Many types of surveys are available to meet various needs, including: Land...
