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Buyers

Important Updates for Canadian Sarasota real estate buyers and sellers

Canadian snowbirds have returned to their homes in Canada for the summer. While they are home in Canada, it is important for them to stay up to date with Sarasota real estate news. The Homeowner Flood Insurance Affordability Act The Homeowner Flood Insurance Affordability Act has been signed into law, which is incredible news for…

Why do so many Sarasota buyers prefer paying cash ?

In 2013, statistics state that 66% of all Sarasota County buyers paid cash for their real estate purchase as opposed to getting a mortgage. Why ? Because cash buyers pay far less. And here’s the explanation. Florida has no state income tax, and Sarasota County has no “land transfer tax” so both entities make money…