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REAL ESTATE ATTORNEY  – MIAMI

With its single taxation for residents, homestead exemption protection, booming tourism ,and wonderful climate, Florida has long been a desirable state for buyers, sellers and real estate investors.

Florida is also a tax-friendly state for real estate investors, providing one more reason to put your property investment dollars in the Sunshine State. Here’s what you need to know about buying your first home in Florida.

Buying your first home

Today’s millennial face ever-growing and complex challenges on the path to home ownership.  Credit checks, student loan debt, lack of credit or bad credit, overpriced homes and not enough funding from lenders.

At the Law Offices of Jacqueline A. Salcines, PA we have been assisting first time home buyers for over 20 years.  Starting with finding the right lender or mortgage broker professional to pre-qualify the loan, we work side by side with companies to connect you to the right individual to suit your particular lending needs.

We can assist you with finding the right property and then creating the correct As Is Contract for Residential Sale and Purchase, or perhaps a new development or other type of contract.  By holding your hand during the contract preparation and review, you are 100% protected so that  nothing can go wrong.

As your real estate lawyer, we are here for you to then request and review inspections and inspection reports, surveys, and other matters that come up during the closing.  We also protect your bottom line in making sure you can get any first time home buyer credit, as well as any tax credits available to you.  To then finally get you, a first time home buyer,  to the closing table and in your dream home.

Buying real estate is exciting but also can be complicated and risky.

Choosing a real estate lawyer and title company that is one and the same, as we are at Jacqueline A. Salcines, PA, you, as first time home buyer, or any buyer in general,  are protected and start off on the right foot.

If you are a first time home buyer, interested in real estate investing in Florida, consult with us today  to learn how you can take advantage of our 20 plus years of knowledge.

By navigating around the tax laws and benefits of investing in Florida,  we are here to help you.

We offer free phone consultations, and a no cost review of your case. 

Call us today.   305.669.5280 and see how we can help you.


About the Author:

Jacqueline A. Salcines, Esq is the Owner and Managing Partner of the Law Offices of Jacqueline A. Salcines, P.A. Real Estate and Business Law Group. With over 20 years experience including holding a dual degree in Accounting, her broad knowledge of REAL ESTATE LAW serves to aggressively protect and defend our firm’s clients, foreign investors, real estate buyers and sellers.

Call us today to set up a  free consultation to discuss your specific needs. We are here for you!

Main office 305 | 669 | 5280. Or email the attorney directly: J.Salcines@Salcineslaw.com

TRUST |  COMMITMENT  | RESULTS

Jacqueline A. Salcines

Jacqueline A. Salcines

JACQUELINE A. SALCINES, ESQ.
706 S. DIXIE HIGHWAY
SECOND FLOOR
CORAL GABLES, FL 33146
TEL. 305 669 5280

Email:  J.Salcines@Salcineslaw.com

FLORIDA REAL ESTATE ATTORNEYS

Hands - Holding HouseThe South Florida Real Estate market is thriving.  As first time homebuyers try to secure their place in the real estate landscape, with student loan debt and property values at an all time high, many first time home buyers have very little funds to put down as a down payment for their real estate home purchase.  Luckily, a little known secret exists to assist with the first time home buyer purchase.

If you qualify as a first-time home buyer, you can withdraw up to $10,000.00 from your IRA (which is typically not permitted until after you are 59 1/2 years old unless you pay a penalty) to use as the down payment.

Certain restrictions apply including the requirement that the IRA funds withdrawn must be used within 120 days of the withdraw and only for the home purchase.

If you already own a home, you can make penalty free withdrawals from your IRA to help:

  • your or your spouse or child;
  • your or your spouses grandchild; or
  • you or your spouses parent or ancestor.

If as a first time home buyer, the purchase falls through or the contract gets cancelled, you can return the funds with no tax due.  The contribution is treated as a rollover contribution to the IRA.

For assistance with ALL your home buying needs, including contract review or preparation, title work, escrow services, we are here for you.

We have been serving the South Florida community for over twenty years.

Call for a free consultation.

 

Law Offices of Jacqueline Salcines, PA

706 S. Dixie Highway

Second FL

Coral Gables, Florida 33146

Tel.  305  669  5280

Email: J.Salcines@Salcineslaw.com