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Should You Hire a Property Manager to Manage Your Vacation Home?

May 31, 2023 by Personal Realty Advisers Leave a Comment

Vacation Home Property Manager

Some of Personal Realty Adviser’s Snowbird clients ask about renting their vacation homes when not in use to help generate extra income. If you’re contemplating renting out your vacation home when you’re not using it, you might be asking yourself if you need to hire a property manager. Remember that Vacation Home property managers are different from those hired to manage annual rentals. “A Continue Reading

10 Ways the Title to Your Home Can Be in Jeopardy

April 26, 2023 by Personal Realty Advisers Leave a Comment

Title Insurance

Most homeowners are unaware that many factors can jeopardize the ownership of their home, which is, for most of us, the most significant investment we will make in our lives. While this is a scary proposition, knowledge can help you avoid these pitfalls. We consulted our title expert, Carla Hall of America’s Title Corp, to explain the top 10 title issues she encounters. Before diving Continue Reading

To Stage or Not to Stage? Can You Really Afford NOT to Stage Your Home?

March 13, 2023 by Personal Realty Advisers Leave a Comment

Home Staging

Having well-planned strategies to stage your home can positively impact your final selling price. The cost of staging a home usually is well below that of the first price reduction if a home remains on the market for too long. If a home remains on the market for a month without an offer, the average selling price drops 5%. On a $500,000 home, that’s $25,000. “Statistics show the best chance of Continue Reading

The Florida Homestead Exemption: A Powerful Tool with Powerful Tax Benefits

January 31, 2023 by Personal Realty Advisers Leave a Comment

Homestead Exemption

One of the highest costs of homeownership can be property tax, which varies according to the city or county in which you reside. Understanding and taking advantage of the Homestead Exemption can help homeowners reduce their property taxes in both the short and long-term, especially in a booming market. “Florida laws pertaining to property taxes are unique, and many of our clients relocating Continue Reading

Home Buying 101… For EVERYONE

August 22, 2022 by Personal Realty Advisers Leave a Comment

home buying 101

Home buying can be a tremendous challenge for many people, especially in this constantly shifting and changing real estate market. Homebuyers need strong guidance from trusted and experienced real estate professionals, as you will find at Personal Realty Advisers. “It’s more than just first-time homebuyers,” said Robert Coscia, Broker and Brokerage Owner of Personal Realty Advisers. “Home Continue Reading

The Benefits of Signing a Buyer’s Agreement with Your Broker

August 15, 2022 by Personal Realty Advisers Leave a Comment

buyer's agreement

Buying a home is a significant investment—one of life’s biggest purchases—and it can be a complicated, lengthy process, so you want a real estate agent who will be fully committed to you. An experienced agent will dedicate a great amount of time to help you achieve your goal; likewise, they want their buyers to be fully committed to them in return. One way this mutual commitment is often Continue Reading

The Benefits of a 1031 Tax-Free Exchange

April 25, 2022 by Personal Realty Advisers Leave a Comment

Benefits of using a 1031 Tax-Free Exchange in Real Estate Sales

Are you a real estate investor or someone looking to exchange a vacation home or rental property for a different type of investment? If so, a 1031 tax-deferred exchange might be suitable for you. When executed strategically and under the right circumstances, 1031 exchanges can help upscale and further optimize your investment portfolio. What is a 1031 Exchange? Under the standard tax code Continue Reading

Ways to Minimize Real Estate Capital Gains Taxes

March 28, 2022 by Personal Realty Advisers Leave a Comment

Ways to Minimize Real Estate Capital Gains Taxes

In the last 20 years, there has not been a more attractive market for selling your real estate investments than now. Whether it’s time to downsize, time to sell your vacation real estate, time to relocate for work, time to buy your retirement dream home, or time to move to another state to be near family, home sellers are seeing some of the best sales offers in decades—often for cash and often Continue Reading

Aging in Place

March 14, 2022 by Personal Realty Advisers Leave a Comment

multigenerational real estate

This article series examines changes in households when our parents age and need additional support. This could mean changes to your parents’ existing home or the purchase of a new home that will better meet their needs (covered in our Caring for Parents at Home article). It also could involve relocating parents to move into your home or otherwise blending your households in some way, which is the Continue Reading

Should I Buy or Should I Build? Pros & Cons

February 7, 2022 by Personal Realty Advisers Leave a Comment

Build or Buy Real Estate

You want a new home…or at least one that's new to you. Should you buy or build? Both have their pluses and minuses. How do you decide which avenue to take? That depends on the time frame you have to make a move, where you want to live, and how much personal customization you want in your new (or new-to-you) home. According to the U.S. Census Bureau, the median price for an existing home in the Continue Reading

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