University of Florida researchers found half of all households in Miami-Dade County are “cost-burdened,” with individuals pay more than 30% of their income on housing. Continue to full article
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1. Select the right location based on your preferences, considering climate and neighborhood amenities. 2. Assess your budget and financing options, considering mortgage rates, down payments, and closing costs. 3. Be prepared for fluctuating property tax rates and understand the implications for foreign buyers.
Here are some of the most common types of mortgage loans and their typical down payment requirements: Conventional mortgages , which aren’t backed by a government program, can require a down payment as low as 3%. It might not be easy to temporarily forgo weekly takeout or other nonessential purchases, but doing so could help…
100K home insurance policies in Florida will not be renewed. Non-renewal notices are scheduled to be sent out in December. Some policyholders are facing substantial premium increases. Florida has been addressing its insurance crisis through legislative measures. The non-renewals are driven by a need to rebalance exposure in the state, with a commitment to remaining…