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October 2017 Archives

What can homeowner associations regulate?

If you are looking to buy a new home, there are lots of styles of homes to choose from these days. Whether you are looking for a condominium, a plot of land or even a nice family neighborhood, there are lots of options to suit just about any type of buyer. When looking for a home in a neighborhood, it's important to know that some neighborhoods, and other types of housing, are subject to homeowner association regulations. These regulations could impact the buyer greatly.

What is the significance of a title when purchasing real estate?

Title is an important concept in the law with significant implications for real estate transactions including residential real estate transactions. Title refers to who has legal ownership of a property and the right to use the property. Who has legal ownership of a property and the right to use a piece of property obviously has significant implications for the purchase of real estate and is an important part of the real estate closings process which may involve a title search and title insurance.

Florida borrowers struggle with mortgages after hurricane

Broward County residents, like others throughout Florida and the southeastern United States, have been hit particularly hard during the Atlantic hurricane season of 2017. Those who own property in Florida, a recent report found, are now having difficulties with their mortgage payments.

Real estate documents are important to real estate transactions

Having the right real estate documents, that have been negotiated effectively and drafted accurately and in compliance with relevant laws, can be essential to the success of a real estate project. A real estate contract includes the terms of the particular real estate transaction but also includes many other important concerns between the parties.

Zoning change granted for Florida real estate project

Zoning laws are an important aspect of any real estate transaction and can come up in residential or commercial real estate situations. A zoning change was recently approved for a real estate project in a nearby Florida community. The zoning change allows the developer of the project to tear down homes that are decades old and remove 80 trees to build a four-story apartment building with 66 units. The zoning change is being appealed by local homeowners and the homeowners' association.

Understand the home mortgage agreement

Making the decision to buy a home is an exciting one. Whether you are buying your first home or you have been through the process in another home sale, no two experiences will be exactly the same. Most people opt for a mortgage, also known as a home loan, to finance the purchase. Understanding who might finance that loan and what to look out for while going through this process is crucial to achieving a favorable mortgage agreement.

Lack of disclosure and residential real estate

If you are thinking about buying or selling a home, there are many factors to consider. If it is your first time buying or first time selling a home, there are often questions on both sides. While buyers and sellers ultimately would like to come together and make a deal, there are many aspects to that deal that should not be overlooked. One topic buyers and sellers often wonder about is "disclosure."