One Post-it note changed the lives of over 800 people living at San Lazaro Mobile Home Park in Boulder County, Colorado. After announcing their intention to sell the mobile home park at a whopping price of $42.5 million, approximately 213 families were left with the tough decision to make the purchase of the land under them or face losing everything that they had built over the years.As per the law, the...
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Property tax relief may be just around the corner for many homeowners in Florida, but how much relief there will be, and at what cost, won’t be known until November arrives.Following a special legislative session held this week, lawmakers in Florida have now approved a ballot proposal that aims to increase Florida’s homestead exemption. With votes of 75-26 in the House and 30-9 in the Senate, the...
Offering way above asking price might win you the house, but it could cost you the loan. Here is how low appraisals are derailing real estate deals and what buyers can do to survive the financial fallout.