Rodney Cantrell’s Blog
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Can the Federal Government Fix Florida Property Insurance? | Brought to you by The Cantrell Team
Some lawmakers propose federal solutions, including tax deductions for insurance premiums and lowering reinsurance requirements.A proposal for a national homeowners insurance policy aims to spread risks and reduce premiums nationwide.
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Florida Legislature to Tackle Condo Assessment Challenge | Brought to you by The Cantrell Team
A special legislative session is being called to address the condo assessment crisis in Florida. New regulations require inspections and reserve studies, causing significant increases in condo assessments.
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You just bought a home? Here’s what you should do before moving in
Before moving into your new home, change all exterior locks and garage codes. Consider a thorough cleaning, set up utility accounts, and update your address with the post office. Ensure all detectors are working and locate important controls. Once settled, establish routines and explore the neighborhood. The FHA's 203(k) program now allows borrowers to include…
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Florida Property Investors Set for the Next 5-Yr Boom | Brought to you by The Cantrell Team
Real Estate experts and investors consider Florida one of the best states for property investment over five years. Real Estate prices have risen 63.7% over the last five years, showing strong long-term growth.
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Milton poses threat to Florida property insurance market
Milton is posing a threat to the Florida property insurance market, as reported by financial rating agency AM Best. Continue to full article
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Florida Homeowners: Must-Know Maintenance Mistakes | Brought to you by The Cantrell Team
Regular HVAC maintenance in Florida prevents high energy bills and ensures year-round comfort. Clogged gutters in Florida’s rainy climate can cause foundation damage and costly repairs.
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Florida’s ‘Hamptons of the South’ Draws Homebuyers | Brought to you by The Cantrell Team
Florida's 30A Gulf Coast, called the “Hamptons of the South” is attracting wealthy homebuyers. The area's popularity surged, with median home prices in Rosemary Beach rising to $3M.
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Florida Fall and Winter Homebuyers’ Advantage in 2024 | Brought to you by The Cantrell Team
Autumn sees determined sellers open to negotiations in Florida, accepting lower prices in September through November. In winter, housing prices drop and reduced competition helps you find negotiable deals on your dream home.
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How to Pay for Your Home Renovations
If you're considering a home renovation loan, think about whether the project is necessary or cosmetic. Financing options include cash-out refinancing, home equity loans, personal loans, Fannie Mae HomeStyle Renovation loans, and FHA 203(k) loans. Factors to consider include property value, material costs, and loan terms. Assess the project scope and timeline before deciding on…
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Steep Risk Ahead for Florida Housing Markets | Brought to you by The Cantrell Team
Palm Bay-Titusville-Melbourne, FL, and two other Florida areas face a >70% risk of home price declines. CoreLogic’s Market Risk Indicator (MRI) highlights these Florida markets as highly vulnerable to price corrections.