Zoning laws are important to understand and can have a significant impact on a real estate project. In Florida and elsewhere, zoning laws are important to real estate transactions because they govern the use of land. Zoning laws are used to control and direct how property is developed and can impact a property owner's rights to use their property.
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.
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.
Although the last real estate bust almost a decade ago was not kind to many Florida residents, the real estate market has recovered significantly since then. There have been mixed reactions and comments about the current state of real estate in Florida and throughout the United States. But statistics do not lie.
Selling a home is not easy. Unless you are a professional or have experience selling houses in the past, it can seem like an incredibly intimidating endeavor. Making certain that you have all the appropriate and necessary paperwork is essential to making certain that your transition is smooth, legal and free of potentially damaging errors. Such errors could cause not only delays in processing a transaction, but could potentially cost you a substantial amount of money.
There is a common phrase we often hear throughout life: "If a deal sounds too good to be true, it probably is." While of course there are always exceptions to be made regarding any deal, it is still often the case. Take the "short sale," for example.
A prospective buyer is always looking for a good deal for buying a house. In this housing market, many Fort Lauderdale residents may find themselves considering buying a short sale house, as it often presents itself as a good deal. A short sale is where the house is for sale by owner at a rate lower than the amount owed. This usually happens when the house's value has fallen. A short sale happens with the lender's permission, as the lender is usually not getting all his money back.
When someone is about to conduct a real estate transaction, especially for the first time, they may not even be aware that they have to ensure that the person they are buying the property from actually has the title to the property to sell it on further. This may sound logical to Fort Lauderdale residents -- you can only sell the title to something you own the title to. However, one in every three searches through property records reveals a defect that has to be fixed before the real estate transaction closes.
A method that many Florida homeowners are using to sell their properties is to do it by themselves without having to use a real estate broker. The idea behind this is to avoid paying someone else for a process that might not need a go-between. However, there is a great deal of nuance when selling a property and those who are considering a for sale by owner (FSBO) should be aware of them. It can be profitable to sell a property without the need of a real estate agent provided certain aspects of this type of decision are fully understood. These include the terms of sale and other factors that make it unwise for the owner to do it all on his or her own.
When South Florida residents are involved in a real estate transaction, the mantra probably should be "plan for the worst, hope for the best." Sure, millions of Americans buy and sell homes every year, so how difficult can such a real estate transaction be, right? Unfortunately, many real estate sales will have complications that arise. But, the goal remains the same: get to the finish line -- the real estate closing.