A SOURCE FOR REAL ESTATE & TAMPA BAY INFORMATION

Should you sell your Tampa Bay home or rent it out? For most Tampa Bay homeowners, selling beats renting unless the property can clear its full carrying cost — including the property tax increase that comes with losing your homestead exemption and Save Our Homes cap. Renting a former homestead for m

How do you buy a new home in Tampa Bay before selling your current one? You have four workable paths: make your offer contingent on your current home's sale using the FR/BAR Comprehensive Rider V, borrow against your existing equity with a bridge loan or a HELOC opened before you list, tap a securit

How does solar affect selling a home in Tampa Bay? It comes down to ownership. A system you own outright conveys with the home and can add appraised value, while a leased system or power purchase agreement is third-party property that adds nothing to the appraisal and has to be transferred to your b

How do you transfer a Tampa Bay home to family the right way? The deed you choose decides almost everything. A quitclaim deed transfers ownership immediately and permanently, while a Florida lady bird (enhanced life estate) deed lets you keep full control during your life and passes the home to fami

How do you contest a property tax assessment in Tampa Bay? You contest a Tampa Bay property tax assessment by filing a petition — Form DR-486 — with your county Value Adjustment Board within 25 days of the date your TRIM notice is mailed, which is usually in mid-to-late August. An independent specia

How does earnest money work on a Tampa Bay luxury home? In Florida, earnest money — the good-faith deposit that goes with your offer — is commonly 1% to 3% of the purchase price, though luxury buyers often commit a flat five- or six-figure sum or a structured deposit: an initial amount, then an addi

What do you need to know about selling a home during a divorce in Tampa Bay? Florida is an equitable-distribution state, not a community-property state, so the marital home is divided fairly rather than automatically split 50/50. Under the Florida Constitution, both spouses must sign the deed to con

How does a seller rent-back work after closing in Florida? A seller rent-back — formally a post-closing occupancy agreement — lets the seller stay in the home for a negotiated period after closing while the buyer takes title. In Florida, the FR/BAR contract's Rider U makes the sale contingent on bot

How do you protect your money from wire fraud at a Tampa Bay real estate closing? Get your title company's wire instructions early and directly, confirm them by phone using a number you looked up independently — never one pulled from an email — and treat any last-minute change in instructions as fra

What is a Florida 4-point inspection, and when does a Tampa Bay luxury buyer need one? A Florida 4-point inspection is a one-page report from a Florida-licensed inspector documenting the age and condition of a home's roof, electrical system, plumbing, and HVAC. It's not a building-code or statutory

How does title insurance work on a Tampa Bay closing? Florida is one of a handful of states where title insurance premiums are promulgated by the Office of Insurance Regulation — the rate is the same no matter which underwriter or title agency you use. On a $1M Tampa Bay home, the owner's policy run

What is a CDD fee in Tampa Bay, and is it a property tax? A CDD fee is a non-ad valorem assessment levied by a Community Development District — a special-purpose unit of local government created under Chapter 190 of the Florida Statutes — to finance and maintain a community's infrastructure. It is n

What does Florida’s flood disclosure law require Tampa Bay sellers to disclose in 2026? Florida Statute 689.302 requires every seller of residential real property to deliver a separate Flood Disclosure form (Florida Realtors FD-2) to the buyer at or before the sales contract is executed. Effective O

Should a South Tampa luxury seller order a pre-listing appraisal or trust the agent's CMA? For most South Tampa homes under $1M with healthy recent comparable sales, a strong agent CMA — a Comparative Market Analysis built from current Stellar MLS data — does the job. Once the price band crosses rou

What's the real difference between HOA fees and condo association fees in Tampa Bay? In Tampa Bay, an HOA fee pays for shared neighborhood elements — gates, landscaping, the clubhouse, sometimes a community pool — under Florida Statutes Chapter 720. A condo association fee pays for the building itse

How does the home-buying process work for a professional athlete moving to Tampa Bay? For a professional athlete buying or selling in Tampa Bay, the transaction is structured around three constraints front offices already live with — privacy, speed, and unpredictability. Title is usually taken throu

What happens to a Tampa Bay home closing if a tropical storm enters the cone? If the National Weather Service issues a Tropical Storm Watch, Tropical Storm Warning, Hurricane Watch, or Hurricane Warning for any part of Florida, most homeowners insurance carriers — including Citizens Property Insuran

How is the sale of a Tampa Bay second home or vacation property taxed? Selling a Tampa Bay second home or vacation property triggers federal long-term capital gains tax — typically 15% or 20%, plus a 3.8% Net Investment Income Tax for higher earners — on the gain above your adjusted cost basis. Flor

How do you sell a Tampa Bay home held in a trust or estate? The path depends on how the home is titled. A home in a revocable living trust sells almost exactly like one in your own name — the trustee signs, supported by a Certificate of Trust under F.S. 736.1017. A home owned by someone who has died

Florida law requires sellers to disclose all known material facts that affect a property’s value and aren’t readily observable — including flood history, sinkhole activity, insurance claims, HOA obligations, and structural defects. What Florida Sellers Must Disclose Before Listing a Luxury Home If y