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.
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."
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.
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.
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.
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.
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."
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.
The Fort Lauderdale market for residential property near the coastline is not showing any signs of coming to a screeching halt. However, there are some who are predicting that down the road, thanks to climate change, the property market on the coast will "dry up" even before the sea level rise actually forces people inland.
The traditional rule of "caveat emptor" means that a Fort Lauderdale resident who wants to buy a new home needs to check out the property and make sure it is free of serious problems and, more generally, is somewhere where they can live long-term.