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Florida's debtor protection homestead provision is one of the broadest in the United States.The value of the property that can be protected is unlimited, so long as the property occupies no more than one-half acre (2,000 sq m) within a municipality, or 160 acres (650,000 sq m) outside of a municipality.
In a typical transaction for the sale of real estate encumbered by a private transfer fee assessment, a contract for purchase of the real property is receipted at the title company. The title company then provides the prospective purchaser with a title commitment showing all encumbrances of record, including the transfer fee assessment.
Leonard and Jack Rosen began their business career as street vendors in Baltimore. [4] They used the earnings of their original business and high interest loans advanced by Chicago financier, Jay Pritzker to set up a real estate development company selling yet-to-be developed plots of land in the northwest Florida Everglades to prospective homeowners from the Northeast and Midwest.
The property's 500 feet of water frontage — at one point the most available for sale in South Florida — made the multimillion-dollar property stand out, according to Realtor Michael Ivancevic.
Average mortgage rates for 30-year terms trend moderately higher week over week as of Wednesday, November 27, 2024, while 15-year terms are relatively steady ahead of the Thanksgiving holiday.
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The two would get into real estate development once again and buy over 3,000 vacant lots from Atlantic. It was part of a plan by Atlantic to get $200 million to sell off half of the 87,000 acres and 9 water processing plants it had, but this idea "never fully materialized," with Atlantic filing for bankruptcy protection in 2001.
You can’t manage what you don’t measure — which is why, when Henry from Tampa, Florida, started analyzing his personal finances after watching The Ramsey Show, he was shocked to discover the ...