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Florida 2022 FHA Loan Limits

Learn about the 2022 FHA loan limits for residential single family homes and multi-family homes for Sarasota and Manatee County

This blog includes a chart that shows the mortgage purchase value limits that are used to determine of a property purchase of a primary residence could potentially qualify for a FHA (federal housing authority) guaranteed loan. These rates are set for the state of Florida by county and differ by single family, duplex, tri-plex and fourplex properties. 

County One-Family Two-Family Three-Family Four-Family
ALACHUA $ 420,680 $ 538,650 $ 651,050 $ 809,150
BAKER $ 432,400 $ 553,550 $ 669,100 $ 831,550
BAY $ 420,680 $ 538,650 $ 651,050 $ 809,150
BRADFORD $ 420,680 $ 538,650 $ 651,050 $ 809,150
BREVARD $ 420,680 $ 538,650 $ 651,050 $ 809,150
BROWARD $ 460,000 $ 588,850 $ 711,800 $ 884,600
CALHOUN $ 420,680 $ 538,650 $ 651,050 $ 809,150
CHARLOTTE $ 420,680 $ 538,650 $ 651,050 $ 809,150
CITRUS $ 420,680 $ 538,650 $ 651,050 $ 809,150
CLAY $ 432,400 $ 553,550 $ 669,100 $ 831,550
COLLIER $ 552,000 $ 706,650 $ 854,200 $ 1,061,550
COLUMBIA $ 420,680 $ 538,650 $ 651,050 $ 809,150
DESOTO $ 420,680 $ 538,650 $ 651,050 $ 809,150
DIXIE $ 420,680 $ 538,650 $ 651,050 $ 809,150
DUVAL $ 432,400 $ 553,550 $ 669,100 $ 831,550
ESCAMBIA $ 420,680 $ 538,650 $ 651,050 $ 809,150
FLAGLER $ 420,680 $ 538,650 $ 651,050 $ 809,150
FRANKLIN $ 420,680 $ 538,650 $ 651,050 $ 809,150
GADSDEN $ 420,680 $ 538,650 $ 651,050 $ 809,150
GILCHRIST $ 420,680 $ 538,650 $ 651,050 $ 809,150
GLADES $ 420,680 $ 538,650 $ 651,050 $ 809,150
GULF $ 420,680 $ 538,650 $ 651,050 $ 809,150
HAMILTON $ 420,680 $ 538,650 $ 651,050 $ 809,150
HARDEE $ 420,680 $ 538,650 $ 651,050 $ 809,150
HENDRY $ 420,680 $ 538,650 $ 651,050 $ 809,150
HERNANDO $ 420,680 $ 538,650 $ 651,050 $ 809,150
HIGHLANDS $ 420,680 $ 538,650 $ 651,050 $ 809,150
HILLSBOROUGH $ 420,680 $ 538,650 $ 651,050 $ 809,150
HOLMES $ 420,680 $ 538,650 $ 651,050 $ 809,150
INDIAN RIVER $ 420,680 $ 538,650 $ 651,050 $ 809,150
JACKSON $ 420,680 $ 538,650 $ 651,050 $ 809,150
JEFFERSON $ 420,680 $ 538,650 $ 651,050 $ 809,150
LAFAYETTE $ 420,680 $ 538,650 $ 651,050 $ 809,150
LAKE $ 420,680 $ 538,650 $ 651,050 $ 809,150
LEE $ 420,680 $ 538,650 $ 651,050 $ 809,150
LEON $ 420,680 $ 538,650 $ 651,050 $ 809,150
LEVY $ 420,680 $ 538,650 $ 651,050 $ 809,150
LIBERTY $ 420,680 $ 538,650 $ 651,050 $ 809,150
MADISON $ 420,680 $ 538,650 $ 651,050 $ 809,150
MANATEE $ 420,680 $ 538,650 $ 651,050 $ 809,150
MARION $ 420,680 $ 538,650 $ 651,050 $ 809,150
MARTIN $ 431,250 $ 552,050 $ 667,350 $ 829,350
MIAMI-DADE $ 460,000 $ 588,850 $ 711,800 $ 884,600
MONROE $ 710,700 $ 909,800 $ 1,099,750 $ 1,366,750
NASSAU $ 432,400 $ 553,550 $ 669,100 $ 831,550
OKALOOSA $ 539,350 $ 690,450 $ 834,600 $ 1,037,200
OKEECHOBEE $ 420,680 $ 538,650 $ 651,050 $ 809,150
ORANGE $ 420,680 $ 538,650 $ 651,050 $ 809,150
OSCEOLA $ 420,680 $ 538,650 $ 651,050 $ 809,150
PALM BEACH $ 460,000 $ 588,850 $ 711,800 $ 884,600
PASCO $ 420,680 $ 538,650 $ 651,050 $ 809,150
PINELLAS $ 420,680 $ 538,650 $ 651,050 $ 809,150
POLK $ 420,680 $ 538,650 $ 651,050 $ 809,150
PUTNAM $ 420,680 $ 538,650 $ 651,050 $ 809,150
SANTA ROSA $ 420,680 $ 538,650 $ 651,050 $ 809,150
SARASOTA $ 420,680 $ 538,650 $ 651,050 $ 809,150
SEMINOLE $ 420,680 $ 538,650 $ 651,050 $ 809,150
ST. JOHNS $ 432,400 $ 553,550 $ 669,100 $ 831,550
ST. LUCIE $ 431,250 $ 552,050 $ 667,350 $ 829,350
SUMTER $ 420,680 $ 538,650 $ 651,050 $ 809,150
SUWANNEE $ 420,680 $ 538,650 $ 651,050 $ 809,150
TAYLOR $ 420,680 $ 538,650 $ 651,050 $ 809,150
UNION $ 420,680 $ 538,650 $ 651,050 $ 809,150
VOLUSIA $ 420,680 $ 538,650 $ 651,050 $ 809,150
WAKULLA $ 420,680 $ 538,650 $ 651,050 $ 809,150
WALTON $ 539,350 $ 690,450 $ 834,600 $ 1,037,200
WASHINGTON $ 420,680 $ 538,650 $ 651,050 $ 809,150

Standard mortgage limits for FHA insured loans for 2022 in Manatee and Sarasota

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What you need to know about California Rental Control Rules

California Rent Control Rules

The State-wide Rent Control Laws were initially passed in 2019 by the states Oregon and California. The Rent Control Act differs from state to state, they could be like one another but they carry few minor variations. The rent control laws primarily focus on guaranteeing that neither the landlords nor the tenants’ rights are been exploited by the opposite.

California Senate-Assembly Bill 1482 legalizes state-wide rent control where most property owners are allowed to impose rent hikes of 5% annually, which incorporates some important exceptions. The state-wide act (AB 1482) comprises two main functions: The rent increases are been restricted and also the right of landlords to evict tenants without just cause is been removed.AB1482 will expire on January 1, 2030, unless it is been extended by the legislators. The Rent Control Act is established to guard both the landlord and the tenant. It focuses on: The right against unfair eviction where the tenant cannot be evicted without a proper reason or cause, all the essential services cannot be withdrawn by the landlord if the tenant has failed to pay the rent.

California leads all other states by enacting the strongest renter protections within the nation. Governor Gavin Newsom signed legislation where the state’s landmark eviction moratorium was extended up to June 30, 2021. It had been introduced to guard millions of Californians who are facing economic hardships because of the COVID-19 pandemic. It withholds evictions for tenants who are unable to pay the rent due to COVID-related reasons, however, the tenants can't be evicted on the basis of the unpaid amounts, they are still liable for paying those unpaid amounts to the homeowners. Major legislation has been signed by the Governor so on boost housing production, deduct barriers to certain constructions, and supply a source of funding as a relief to the householders and renters.

The cities that are listed as rent-controlled by the State of California are Alameda, Berkeley, Beverly Hills, East Palo Alto  Hayward, Los Angeles, Los Gatos, Mountain View, Oakland, Palm Springs, Richmond. San Francisco, San Jose, Santa Monica, West Hollywood, Rent control laws are applicable to certain rental units which include an apartment surrounding a complex, not all units are subjected to the rent control laws. The Costa-Hawkins Rental Housing Act, says that rent control laws don't apply to certain rental units which include: the buildings built after February 1, 1995, single-Family homes, condominiums, Hospitals, short-term rentals, school dormitories, a duplex where the owner lives within the other unit, government-subsidized housing - until it expires, etc.

How are evictions carried out in rent control areas?

  • A tenant can be legally asked to vacate the property in either situation without a correct reason, by the owner but it can't be done if the tenant has exercised a tenant's right.
  • A tenant can be legally asked to vacate the property if the owner wants to possess a family member or move-in to the property or remodel the property where it cannot be done in the presence of the tenants there.
  • A tenant can be often asked to vacate the property if he/ she violates the foremost important terms that's been mentioned within the lease or if the tenant allows any unauthorized roommates to live in it.
  • The landlord has the right to ask the tenant to vacate the property if the tenant had engaged in any illegal activities or activities that are been prohibited within the lease such as damaging the property, handling drugs, disturbing neighbors, and causing trouble
Rent control rules that protect the tenants:
  • In order to assist the tenants and landlords in negotiating the disputes regarding the rental units or payment of rent and come to a conclusion by eliminating the necessity for a court, mediation services are been designed.
  • In order to make it easy for the tenants, minimum lease terms are written where the landlords offer written leases for the year or minimum amount of time. The landlords are entitled to pay the reimbursements and relocation/moving payments to the tenants if they force the tenants to move out of the property because the unit is been demolished, remodeled, or converted to another property, etc.
  • In order to provide extra time for the tenants to reply to the owner the notice period for not paying the rent has been extended up to fifteen days. The landlords are required to provide an in-depth notice on the rights of the tenants under the act