Buy in your own name or on behalf of a company

BUY IN THE NAME OF A PERSON OR ON BEHALF OF A COMPANY? During the last decade, limited liability companies (Limited Liability Company – LLC) have become the preferred company structure to acquire properties in the United States …

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I must secure my property

DO I NEED SURE? Specifically in the properties, the insurance provides protection against disasters, however, regardless of what type they are, they are not appreciated until they are needed. Therefore, the decision to have insurance on the property, health, …

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FIRPTA – Foreign investor alert

What is FIRPTA? They are the abbreviations in English of the Law of Taxes on Foreign Investment in Real estate created in 1980 (Foreign Investment in Real Property Tax Act.). Who does FIRPTA affect? FIRPTA can impact any non-resident foreign individual …

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Buy vs. rent

BUY RENTING Possibility of revaluation / goodwill Flexibility, possibility of moving frequently Opportunity to use the property for an unlimited time Not responsible for major repairs Possibility of generating a monthly income through the …

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Guide to obtain financing

FINANCING If you are thinking of buying a home in South Florida, whether as an investment, residence, vacation or permanent, it is important to consider the possibilities you have to get a mortgage. There are many institutions …

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Protect your investment with the inspection clause

What does the inspection clause mean? It is the stage during which a deep physical inspection of the house can be carried out to determine possible “hidden” damages or deficiencies that warrant repairs that could not be observed on the day they visited …

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Who pays the commission

How much is the commission? In residential purchase / sale transactions the standard is 6% of the sale value of the property, which is divided into 3% for each of the agents involved in the transaction (the representative of the buyer and seller). In…

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