Cape Coral Real Estate Brokerage | SW FL Property

The National Association of Realtors is planning its first annual state wide open house to be held on April 10^th and 11^th.  This event will precede the April 30^th ending to the tax incentives offered to home buyers.  Realtors will be able to exhibit their listings this weekend for maximum exposure and unlimited buyer traffic. All realtors involved will ask to fly blue balloons at each open house for an awesome display visible from Tallahassee to Key West. This event offers buyers a convenient way to tour multiple homes to find the best fit for their needs.  This will be a great way to view what is available in the local housing market and a fun way to get familiar with your community. 

If we can answer any questions please call Florida Future Realty and speak with one of our knowledgeable team members. We look forward to speaking with you.

Homestead Exemption Laws

 Over 1,000 people move to Florida every day according to dmv.org.   Not only are families relocating from other states but they are also moving from other countries.  Is this because of the beautiful sand beaches, warm sunny weather, or miles of green golf courses?  It may just be because of the generous tax laws offered to Florida residents.

The law states that Florida residents are eligible for a 25,000 exemption on the assessed value of their home.  Those with an assessed value of more than 50,000 are eligible for an additional 25,000 exemption, depending on the value of their property. The exemption can only be applied to non-school taxes, and the property must be worth at minimum 75,000 to be eligible for the entire exemption amount.

In addition to the homestead exemption we have the Save our homes amendment which protects homeowners by limiting the tax assessment to a maximum of 3% each year.

You may also qualify for one or all of these exemptions listed below.

• Widow/Widower's Exemption $500.00
• Disability Exemption $500.00
• Veterans Disability Exemption $5,000.00

If you are a foreign buyer there is something to be aware of and that is the FIRPTA withholding Rule.  This stands for investment in real property tax act of 1980. FIRPTA authorized the IRS to withhold income tax on nonresident aliens and foreign corporations with sales of US real property. When a person or corporation purchases a US real property from nonresident aliens or foreign corporations, they are required to withhold 10% of the amount. This tax is intended to ensure that the US is able to tax the gains from the sale of property

Whether you are buying a new home or vacation home, moving from another state or another country or just planning to purchase an investment property,your taxes will always be based on the assessed market value of your property.  You will never be penalized and made to pay higher taxes simply because you are native to another place. The Homestead Exemption and Save our homes amendment are offered to full time Florida residents.

 There are exceptions to all tax information listed above we recommend visiting these sites for more detailed information.

http://leepa.org/Exemption/GeneralExemptionInfo.aspx

www.irs.gov

Once you have made the decision to relocate to this beautiful city of Cape Coral, contact our Florida Future Realty Team we are here to assist you.

Are we still selling homes in Cape Coral? The answer is yes, and in record numbers.  We have been getting so much negative national media attention, that our ideas are clouded with misinformation.

The National Association of Realtors published their polls and it shows that in 2009 with the assistance of realtors, 16,260 homes were sold.  In 2005 when the housing boom began, the record was 12,123

However one significant change is the declining home prices. In 2005 the median home price was 278,200, now in 2009 we were at 90,400. This decline is due to the record number of short sales and foreclosures now flooding the real estate listings.  Sellers are now coming to their senses and listing their homes more realistically, their homes are worth significantly less from what they were selling for 5 years ago.  The fact of the matter is that homes are STILL selling.  We may have to navigate through a few detours, from bank negotiations to new lending laws, but properties are moving.

Buyers also need to understand that there are great deals to be had, but when a property is under market value as many of them are, they may sell very quickly and most likely there will be multiple offers.

So when searching for real estate in Cape Coral, we suggest you secure your financing and act quickly when you find the right home at just the right price.  Call one of our agents at Florida Future Realty to assist you in your home buying experience.

Yours in Success,

Florida Future Realty Team

(239)542-8521

www.floridafutureagents.com 

www.florida-future-realty.com

Florida Future Realty is providing clients with a mobile real estate search created by Smarter Agent that makes it possible to search all local property listings from their mobile device, regardless of whether it is listed by Florida Future Realty or another broker or agent. Florida Future Realty's mobile real estate search is the only house-hunting tool that works on 95% of cell phones across all carriers.

With Florida Future Realty's Smarter Agent application, interested home buyers can be in any neighborhood and view detailed property information at the touch of a button. The GPS technology in the mobile phone, when available, locates users and pulls up addresses and information on listings in their immediate area. Sales price, square footage, tax information, beds/baths, interior and exterior features, pictures and more become available instantly in the palm of their hand.

Consumers can also search by address, community name, city or zip code when GPS is not available, or if they want to search for real estate in an area other than their current location.

The "Call to See" feature within the mobile application will connect users to Florida Future Realty if they have questions or want to schedule a tour of the property.

Consumers can get Florida Future Realty's mobile real estate search on their cell phone by texting FFR to 87778 to receive a text message with a link to download the mobile real estate application.   

Smarter Agent is available as a fully downloadable application on hundreds of devices across Sprint, AT&T, T-Mobile and Verizon Wireless. A premium mobile web version is also available on 95% of cell phones. The fully downloadable application is free to download on Sprint devices, BlackBerry devices, the iPhone, and Google's Android G-1. The premium mobile web version is free to access.

Florida Future Realty

239-542-8521 

www.floridafuturerealty.com

Florida Future Realty, Inc.s Marketing Plan is Different! Here are some of the reasons why (contact us for a more in depth list)

• FREE CCMA (Confidential Comparable Market Analysis)
• Electronic lockbox showing who views your home & when
• Constant Feedback on showings!
• Thousands of BUYERS are searching our websites every week!
• Also listed on Realtor.com & many other sites for maximum exposure!
• Reverse prospecting to other agents
• Virtual Tours are up and running the very next day you list
• Editorial style ads to attract buyers!
• Image style ads to attract buyers!
• Full Time qualified staff to work in conjunction with your real estate agent

      Fully automated toll free line with information about YOUR listing if you so choose!

Whether youre planning to sell your home in the next few months or just studying up for that eventuality, theres no time like the present to prepare. If buying a house seems complicated, selling involves even more responsibilities and expenses. We can handle all of the details for you by providing you with our full service marketing plan. For more information contact us today!

The market is shifting so when hiring an agent make sure you hire one who will work for you to net you the most profit, within your preferred time frame with the least amount of stress to you. Those are all goals of ours. Not all agents are created equal, don't be fooled, contact Florida Future Realty, Inc. today for a free, no-obligation in home or at office consultation.

We look forward to working with you!

Yours in Success,


The Florida Future Realty, Inc Team!

inquiry@floridafutureagents.com

(239) 542-8521 Office Line

(888) 764-6665 Toll Free