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Island and Resort Realty

The VALUES of Real Estate.

Real Estate has different types of values and none of them are equal. *Taxable Value: In South Florida your taxable value is reset when you purchase a property. That is often why you have a different taxable value than your neighbors. Also, it is not like you see the county tax man knocking on doors…

Short Sales are pretty Short Sighted.

When I start going over a buyer’s criteria, inquiring about bedrooms, bathrooms, location, and so on, many add, “Make sure to include short sales.” Values have been rising and owners’ equity is increasing with it. That means, there are less short sales out there than there were five years ago. Yet many buyers are under this…