Rodney Cantrell’s Blog
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Outdoor Upgrades That Pay Off: Expert Tips! | Brought to you by The Cantrell Team
Land Clearing Benefits – Improves curb appeal – Easier upkeep with cleared land – Increases property value and usability Forestry Mulching Advantages – Cost-effective for clearing small vegetation – Preserves roots, reducing erosion risks – Creates a "park-like" backyard scene
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New Florida Rental Lease Prices Are Falling: But Why Not Lease Renewals?
Florida's rental market is experiencing a downturn, with experts predicting further declines in rent prices through 2025, particularly in major cities. While new leases may reflect lower rates, lease renewals often see increases, with 70% of renters facing an average hike of 3.5% in 2024. Factors contributing to falling rent prices include increased supply of…
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Florida Real Estate Forecast for 2025 | Brought to you by The Cantrell Team
Single-family home prices expected to rise nearly 10% in 2025. Rates projected to fall to 5.7% by late 2025, boosting buyer demand.
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Hurricane Recovery: Tenant Rights in Florida | Brought to you by The Cantrell Team
Florida law grants tenants rights after substantial storm damage, including lease termination. Tenants can send a written notice for repairs, giving landlords seven days to respond.
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How Will Amendment 5 Affect Homeowners’ Exemptions? | Brought to you by The Cantrell Team
Amendment 5 on the ballot aims to adjust homestead exemptions annually based on inflation rates in Florida. The amendment would increase the current $25,000 exemption according to the Consumer Price Index or inflation.
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Florida Requires Flood Disclosure in Home Sales | Brought to you by The Cantrell Team
Florida now requires sellers to disclose past flood damage and federal assistance to potential homebuyers. The new flood disclosure law took effect after Hurricane Helene exposed Tampa Bay’s flood vulnerability.
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Amendment 5: A New Era for Florida Property Taxes? | Brought to you by The Cantrell Team
On Nov. 5, Florida residents will vote on adjusting the homestead property tax exemption for inflation. The homestead exemption currently reduces taxable property values by up to $50,000, benefiting around 450,000 families.
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Breaking a lease won’t appear on your credit report
American Express benefits and offers can be found on their website. Breaking a lease may occur due to job relocation or financial struggles. Unpaid debt from a broken lease can harm your credit if reported to a collection agency. To prevent this, pay termination fees and outstanding charges. Communicate with your landlord about financial hardships…
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Florida Commercial Real Estate Loans: Tightened Lending and Increased Delinquencies
The Florida commercial real estate market is experiencing challenges such as rising vacancy rates, increasing loan delinquencies, and tighter credit conditions. Office, industrial, and multifamily sectors are particularly affected due to changes in work models. Loan delinquencies are notably rising in the office and hotel sectors, with refinancing difficulties. Tighter lending standards and weaker demand…
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Key Costs of Selling a Home in Florida | Brought to you by The Cantrell Team
Realtor Fees: 5.05% of Sale Price Closing Costs: 3.23% of Sale Price Title insurance, transfer taxes, and other fees. For a $350,000 home: ~$11,305