Boca Raton Real Estate Blog

A long-term loan can be a tricky prospect. The timing of paying it down can affect not only your bottom line, but also your taxes, credit, and ability to pursue future loans. Refinancing a mortgage is part of this challenge - a stressful miasma to some, a unique opportunity to others. With interest rates as high as they've been in decades, the time and place to refinance matters more than ever. Our Realtors have insisted to their clients that despite the high rates, the price of waiting for unknown speculation to potentially come true is often more financially damaging than buying now. If you're hesitant about high rates and are buying with the intent to refinance in the future, read today's blog and consider these examples as indicators that it might be the right time to refinance your Boca Raton home.

If you can reduce your rate by 1% or more

Refinancing isn't something you can do whenever you just feel like it. Certain prerequisites must be met in order to ensure your refinance is successful. In the event your refinancing lender provides a rate decrease by a minimum of 1%, you should consider it time to refinance. With rates standing above 7% as of today's writing, that single percentile won't return you to the pre-COVID days but will surely reduce your monthly payment by a considerable amount and allow you to pay your mortgage faster with the leftover funds when possible. ...

Through the decades Boca Raton has grown from an idyllic waterfront prize to something so much more. While always defined by luxury, glamor, and the magnificent beaches that attract visitors from around the world, Boca Raton is now as much of a business center as a vacation destination. There are many reasons (well beyond the six listed here) to relocate your business to Boca Raton, but through our research and the discussions we have with local business leaders, we believe these six are as impactful as any. Read on and learn more about these six reasons should be moving your business to Boca Raton, FL.

Tax Efficiency

Florida is one of the best tax havens in America, especially for the personal. From the sales tax your employees pay at the register, to the many incentives to run your business with a Florida HQ. If you're relocating employees, they can expect a heightened quality of life, along with the lack of a state income tax to add to their income by subtraction. To further incentivize business relocations, the state provides many state-specific tax credits to improve your bottom line.

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An open house is more than just a chance to view the home for yourself. It's an opportunity to get the pulse of the community, to learn about the neighborhood, the history, and the work that's gone into the home you're touring. When attending an open house, you should feel relaxed and at ease. After all, it's the selling agent's job to entertain you - to provide a welcoming atmosphere and even a little snack to keep you going throughout the day. However, as attendees to an open house, it shouldn't be all about the fruit platter and good energy. You're there for a reason, and it's not for the free coffee. Here are some insightful, and important questions you should consider asking when attending your next open house.

How Many Offers Are There On The Home?

Keep your eyes on the listing agent, whose disposition and attention to guests may give away whether the house has offers or not. Oftentimes, the agent will initiate the conversation and deliver the news that multiple offers have been given themselves. Their hope is to create a sense of urgency and subsequently, a bidding war. By getting out in front of the agent and asking ahead, you're showing intent but not allowing them to take point on the conversation. In addition, you may not want to endure the stresses and back and forth of a bidding war. Finding out this important detail will help determine your...