Remove Legal Remove Property Taxes Remove Transportation
article thumbnail

States are making ADUs easier to build. Now it’s up to municipalities to follow suit.

Housing Wire

They made ADUs legal by right (meaning local governments can’t simply forbid them), did away with or minimized requirements for added parking requirements, banned municipalities from forcing more stringent ADU design requirements than on the primary dwelling, and eased or eliminated owner-occupancy requirements. But first, the good news.

Law 449
article thumbnail

The Ultimate Guide to Retiring in Florida: Tips for a Smooth Transition

Lamacchia Realty

Consider housing prices, property taxes, healthcare costs, and everyday expenses like groceries and utilities. Transportation and Accessibility: Navigate Florida With Ease In Your Retirement The transportation system makes getting around the state convenient and accessible for retirees.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Also, property taxes can spike as municipalities capitalize on the booming local economy. Legal Know-how for Rentals : Ensure you’re current with local regulations if you rent your property. High Costs Can Be a Big Challenge Areas popular with tourists tend to have higher living costs.

article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. And it is a marginal rate tax - only the amount above each threshold is taxed. And it is a property tax which means it will be paid annually, not just upon sale like the Mansion tax.

article thumbnail

How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Property taxes. Ernie Rafailides, a licensed Maryland lawyer and real estate broker with Bayview Management , has been in property management over 30 years. Don’t buy a property now to sell it within a year. Taxes and Real Estate Investment. For example, typical annual costs include things like: Insurance.

article thumbnail

What’s Included in Closing Costs?

PennyMac

State laws will usually dictate who is legally responsible for overseeing the closing. If you’re signing paper documents, they’ll need to be transported, and the courier fee will be what pays for that to be expedited. The owner’s title insurance is optional but highly recommended by most legal experts. Property Tax.

article thumbnail

Can You Get a Mortgage for a Tiny Home?

Assurance Financial

From finding the right mortgage to finding a legal place to store your home, you must understand the unique financial demands of a tiny house and prepare for challenges ahead of time. Tiny houses on wheels (THOW) operate like a trailer and allow easy transportation and setup almost anywhere with the right access points.