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Riddell Law Group Blog
What are the benefits of a power of attorney in your estate plan?
There are multiple power of attorney options that leverage authority over your assets in varying ways. Here are a variety of power of attorney types and some of the ways that each one can be a useful element in your overall estate plan. One benefit common to all types...
Why You May Want To Update Your Out Of State Will
Like many retirees that make Florida their primary residence, you may have a will and even a comprehensive estate plan that was drafted in another state. If nothing regarding your family structure is different, do you need to update your will? In many cases, the...
What is a 1031 Exchange?
What is a 1031 Exchange? Individuals and companies who sell appreciated property (real estate or personal property) are subject to capital gains tax under the Internal Revenue Code. Under IRS’s 1031 Exchange rules, however, an exchange is not considered to be a sale...
Rational Renting – Part 1
What is an owner to do with that vacation property when they stop vacationing there? What sustains an investment in an apartment building or multi-family housing? What seems to be the most common real estate activity where people still struggle? The answer to all 3...
Great news for October! – SAR Report
Great news for October 2013….sales of single family homes are up and so is the median price of single family homes as compared to this same time last year!The results tell us that more Buyers may be entering the real estate market due to increased concern that...
RLG Bulletin Attorney Update – 2014 HUD changes
On November 20, 2013 our world as Real Estate professionals, Title Agents and Mortgage Brokers understood it completely changed….The Consumer Finance Protection Bureau or (CFPB) published over 1,000 pages which constitute the final rule relative to certain disclosures...
SAR Smart Lunch
A quick recap from Attorney Cynthia Riddell’s presentation at the Sarasota Association of Realtors Smart Lunch Seminar on Wednesday this week.To download the above presentation materials simply click on the links below Doc 1: CFPB Comparison Chart of Ability To Repay...
Rational Renting – Part 2
Continued from Part 12) Not Having (and Keeping) a Written Lease in PlaceThis one seems like a no-brainer, but there is a lot more to avoiding this pitfall than meets the eye. Every landlord should execute a written lease with their tenant before the tenant...
Buyer and Seller Representation
Do you know that we offer buyer and seller representation in those closing situations where the other party has selected the closing/title agent? For a reasonable fixed fee, we represent the buyer or seller throughout the sale transaction, including contract review,...
Seller Representation
We’ve been doing a lot of seller representation in recent months. For those of you who haven’t utilized this service, the premise is simple: for a flat fee, we represent your sellers during their sale transaction, which includes attending the closing,...
