If you need assistance, please call 352-362-7061

Javier Rojas - Broker Associate at Fontana Realty Blog

Tuesday, January 9, 2024   /   by Javier Rojas

Sunshine and Savings: Demystifying Florida's Property Tax Exemptions

Sunshine and Savings: Demystifying Florida's Property Tax Exemptions

Owning a home in Florida is the epitome of living the good life – sunshine, beaches, and, well, taxes. But before you let visions of soaring property bills dampen your sunny glow, take a deep breath and dive into the world of Florida property tax exemptions. These financial lifesavers can dramatically reduce your tax burden, leaving you with more cash to splash in the surf (or invest in that dreamy pool upgrade).

The Hero of the Story: The Homestead Exemption

Imagine a $50,000 shield protecting your wallet from property taxes. That's essentially what the homestead exemption does! This golden nugget applies to your primary residence – the place where you spend most of your year soaking up the Florida sun. By deducting $50,000 from your home's assessed value, the exemption shrinks your taxable amount, translating to lower property tax bills and more financial breathing room.

Eligibility Essential; ...

Thursday, December 14, 2023   /   by Javier Rojas

What is a 3-2-1 buydown and how does it work?

Attract More Buyers with a 3-2-1 Buydown: How This Incentive Can Sweeten Your Listing!

In today's competitive market, sellers need every edge to attract serious buyers. While stunning photos and captivating descriptions are important, offering unique incentives can make your listing stand out from the crowd. Enter the 3-2-1 buydown, a powerful tool that can boost your appeal and accelerate your sale.

What is a 3-2-1 Buydown?

Simply put, it's a seller-paid interest rate reduction for the buyer's first three years of ownership. Here's how it works:

Year 1: The buyer enjoys a significantly lower interest rate, typically 3% lower than the original rate. This significantly reduces their monthly payments, making your home more affordable.

Year 2: The interest rate drops by 2% compared to the original rate, offering continued savings.

Year 3: The final year sees a 1% reduction, gradually easing the buyer towards the standard ! ...
Javier Rojas - Broker Associate at Fontana Realty
Javier Rojas
915 SE 17th St
Ocala, FL 34471

mls logo© 2024 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.5/24/2024 9:52 PM CST
This site powered by CINC: www.cincpro.com