When the 2008 Florida Legislature adjourned on Friday night, Realtors counted numerous law changes that will benefit property owners, renters and the Florida real estate market in general. All the bills will still need to be approved by Governor Crist, but here is a synopsis of the real estate related highlights:

Continue Reading Florida 2008 Legislative Session – More Real Estate Issues Addressed

Tags: legislature, new laws

Now is the time to be sure and recommend flood insurance to your new home buyers in Florida. It takes 30 days for a new policy to become effective, and signing up early is important in order to make sure their coverage is in effect for the start of Florida’s hurricane season on June 1st.

Another thing to remember is that certain exemptions also exist to the 30 day waiting period. A policy is immediately effective if a lender requires it in connection with a new loan or loan change; if additional insurance is required because of a map change; if a lender suddenly decides that a property does indeed require flood insurance; and if a higher level of coverage is added when a policy is renewed. For more information on flood insurance rules, go to: How to Purchase Flood Insurance at FloodSmart.gov.

Continue Reading Get Flood Insurance Now for the 2008 Hurricane Season

Tags: homeowner insurance, hurricane preparedness