Rodney Cantrell’s Blog

One of the most contested bills of the legislative session is facing calls for a veto from Gov. Ron DeSantis. The bill aims to increase state control over vacation rentals, leading to concerns about lost tax revenue and local government authority. The legislation sets new statewide requirements for vacation rentals, including occupancy limits and fines…

Consumer protections: – SB 7052 limits insurance cancellations during claims & protects claims from insolvent companies. – More frequent mitigation discount updates & information for policyholders. Insurer accountability: 1. SB 7052 increases regulatory oversight, enforcement penalties, & reporting requirements.

Refinance rates are high and vary based on credit history and financial profile. Mortgage rates change daily, so experts advise shopping around for the best deal. Refinancing can be beneficial if rates drop significantly. Different loan terms offer varying benefits, such as lower monthly payments or quicker payoff. Consider refinancing for reasons like lowering interest…

After the harsh winter, many homeowners are planning spring maintenance. An expert warns about hidden dangers during this season and shares signs of home damage to watch out for. These include water stains, musty odours, sagging floors, pest activity, foundation issues, gutter problems, and fluctuating utility bills. Continue to full article

Buying a house in Florida without money is feasible through various mortgage strategies. Options like USDA, VA, Conventional 97, and FHA loans offer low or zero down payments.

South Florida is among the top locations in the U.S. where renters struggle with high housing costs. Many renters pay over half their income for rent and utilities. Efforts are being made to address the affordable housing shortage, with various projects underway to provide affordable units for low-income workers. Continue to full article

Florida Senate passes amendments to Live Local Act, expected House approval; promotes affordable housing development.Live Local Act incentivizes developers with housing for up to 120% of median income, allocates affordable housing funds.

When buying a home, successful negotiation depends on understanding market value, finances, and inspection results. Tips include researching market value, knowing finances, and using a home inspection. Negotiate for price, repairs, warranties, closing costs, and other terms. Consider walking away if terms are unacceptable. Continue to full article

Establish Budget: Set a budget considering down payment, monthly mortgage, taxes, and insurance costs. Pre-Approval for Mortgage: Secure pre-approval to determine budget and enhance credibility in the market.

The Legislature approved a measure to regulate short-term vacation rentals like Airbnb and Vrbo, facing opposition from some who want local governments to handle regulations. The bill allows for registration fees and occupancy limits, with concerns raised about unlicensed rentals. Continue to full article