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Residential Real Estate Archives

Pending tax reform package may affect real estate sales

One of the more controversial pieces of the recent tax reform package now being mulled over in Washington is a provision that would scale back the very popular mortgage interest deduction, a benefit which many Fort Lauderdale residents and other people who live in South Florida enjoy as a perk of home ownership.

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.

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.

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."

A few universal tips on real estate sales

When selling a home, the more you know the better off you may be. This is true of almost any industry, but considering the wide range of peoples' knowledge and experience when it comes to the real estate market, it is still sound advice for everyone. This is applicable to both buying and selling homes.

Some tips on real estate investment

If you are considering investing in real estate for the first time, there are undoubtedly things you do not know about the process or the new property you are considering. In order to protect yourself and your finances from future unforeseen issues and expenses, here are a few tips to consider before you sign on the dotted line.

What needs to be disclosed during a real estate sale?

A seller has an obligation to disclose any potential problem with regards to residential real estate that could affect the value of the property. Furthermore, it is illegal to willfully conceal or hide defects or problems with the property from a buyer.

What can go wrong in a closing?

The idea of buying a new home is among the highlights in the lives of millions of people throughout the United States, including those living in and near Fort Lauderdale, Florida, and Broward County. But as the old proverb goes, "haste makes waste." If you are on the verge of a real estate closing, there are several things you should remind yourself and do in order to prevent future issues down the line.

South Florida remains a hotspot for real estate fraud

The Florida real estate market has historically had a problem with fraud and other shady real estate activity. The latest reports confirm this, suggesting that Fort Lauderdale residents need to use caution during a residential property real estate deal, and they should also remember the common wisdom that if "it seems too good to be true, it probably is."

Is it better to buy a starter home or rent?

Many young people in Fort Lauderdale and the Broward County area may find themselves asking whether they want to own a home as soon as possible or rent a house or an apartment for the time being until they can get their lives more established.