Flagler County Real Estate Blog
 

Local guides, market updates, and buyer tips for Flagler Beach, Beverly Beach, and Palm Coast FL — straight from agents who work this market every day.

What's Cap Rate?

The capitalization rate, commonly referred to as the cap rate, is used in real estate to indicate the rate of return expected from an investment property. It is calculated by dividing the property’s net operating income by the current market value of the property.
What's a 1031?

A 1031 exchange, also known as a like-kind exchange, is a mechanism that allows an investor to "defer" paying capital gains taxes on an investment property when it is sold, as long as another "like-kind property" is purchased with the profit gained by the sale of the first property.  
What's a REFI?

Refinancing is the process of getting a new mortgage to replace the original one. Homeowners may opt to refinance their mortgage to reduce their monthly payments, decrease their term, change from an adjustable-rate mortgage to a fixed-rate mortgage, or to tap into their home's equity.
Deeds in Real Estate: What You Need to Know

A deed is a legal document that signifies ownership of a property. It contains information about the seller, buyer, and the property, and it's signed by the person transferring the property.
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