Thinking of upgrading or downsizing your home in Florida? If your current property has been your homestead, there’s a valuable tax benefit you may not want to leave behind. It’s called Homestead Property Tax Portability, and it can save you thousands when transitioning to a new home.

What Is Homestead Portability?

Homestead portability allows Florida homeowners to transfer the tax savings from their current homestead property to a new homestead within the state. These savings stem from the Save Our Homes (SOH) benefit, which limits how much your home’s assessed value can increase each year—capped at 3% or the Consumer Price Index (CPI), whichever is lower. Over time, this creates a gap between your home’s market value and assessed value, which can…

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Why Spring Is the Prime Time to Buy and Sell Your Home in Orlando

Spring has long been considered the best time of year to both buy and sell a home. As the flowers bloom and the temperatures rise, so does the Orlando real estate market. With the school year winding down and summer on the horizon, buyers and sellers are motivated to find their next home, neighborhood and school district.  

Families looking to move prefer to do so during the summer months, making spring the ideal time to list so transactions can close before a new school year begins. Plus, with more buyers actively searching, sellers often benefit from increased competition, which can lead to stronger offers and faster sales.

On the buying side, spring brings a greater variety of…

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