Our South Florida readers have probably seen previous posts here that noted the exploding number of condo towers that are popping up everywhere. A recent report, however, noted a firm estimate on the actual number: over 80 condo towers east of I-95 throughout...
Year: 2014
South Florida city planning departments oversee land development
Most investors who are interested in land development or residential development will have contact with a city planning department at some point. These types of departments, which exist in just about every city in the country, are primarily concerned with...
What are some common zoning violations?
Most people put a lot of thought and energy into real estate transactions. A real estate sale is oftentimes one of the most complicated and expensive transactions any Florida resident will be involved in, so the time and energy that is expended in order to make sure...
Know your options in for-sale-by-owner transaction in Florida
Most real estate markets throughout the country are in a constant state of flux, and the South Florida market is no exception. But, the local market has been recovering better than most from the housing slide that hit the entire country a few years ago. As a result,...
Buyers dreaming of homeownership may be seeing more options
From all of the real estate reports our readers have been seeing over the last couple of years, most people probably think that the local market has turned into a "seller's market." However, according to a recent report, some prospective buyers in the South Florida...
Dealing with home insurance issues
Anyone who has ever bought and owned a home knows that there are quite a few expenses to deal with. If a prospective buyer goes into a real estate transaction only thinking about the purchase price of the property, they are not thinking about all of the costs...
South Florida property still being hit hard by foreclosures
Many of our readers may have seen a previous post here that detailed how delinquent payments on mortgages are still a major concern in the South Florida real estate market. This is despite the fact that the local real estate market has experienced a rebound in the...
Is arbitration an option in a real estate dispute?
Selling real estate of any kind is almost always a complex financial transaction. South Florida homeowners can attest to the many signatures required in order to complete the transfer and move into a new home. And owners of commercial property could probably outline...
Delinquent payments on mortgages still a concern in South Florida
There are many different ways to measure the health of a recovering real estate market. Mortgage giant Freddie Mac uses something called a "Multi-Indicator Market Index," also known as a MIMI. This index looks at four different factors to assess the health of the real...
An overview of the deed in lieu of foreclosure process
Most of our South Florida readers are probably familiar with the general process of a foreclosure. This is the process by which a mortgage lender can seize the home of someone who is not keeping up with their monthly mortgage payment and, as a result, the lender makes...