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    Going Around Florida Real Estate

    September 5th, 2010 by admin

    When purchasing a Punta gorda homes in Florida, even well under market value, research is essential as property taxes can be relatively high. Long term home-owners benefit from the ‘Save Our Homes’ exemption scheme which essentially ‘freezes’ the assessed home value well under what you’re offering for the house. If this happens then you might be looking at high property taxes within a year of buying the property.Home insurance in Florida is also costly because of the hurricanes so ensure you incorporate this into your budget and try if you can to purchase property built after 1995 as these have been constructed under a tougher building code.

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